-The Hindu Surveys, including the recently leaked one on Consumer Expenditure, point to the economy’s dire state How fast has India grown lately? And, what are the yardsticks on which the country’s performance is being measured? These have remained contentious questions. Following the last decade’s boom, the economy was slowing after 2011-2012, but apparently turned around under the National Democratic Alliance (NDA) regime. Until very recently, the government claimed the economic success...
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Why the picture on poverty is incomplete -Himanshu
-Livemint.com * Leaked official data shows poverty is rising, but we won’t get a confirmation till at least 2023. That’s unfortunate * Neither has the government released the report of an expert panel, nor provided any evidence about the nature and extent of divergence with other administrative data On Friday, the ministry of statistics and programme implementation (Mospi) announced that the data and reports of the 75th round of the National Statistical Office...
More »The curious case of a consumption decline
-Livemint.com A leaked NSO survey report says that expenditure by consumers across India actually fell over a six-year span till 2017-18. This is at odds with our GDP data. So what explains this finding? Is Indian consumption in decline? Anecdotal evidence has pointed that way for some time. But now, a leaked survey report of the National Statistical Office (NSO), published on Friday in Business Standard, seems to confirm suspicions of such...
More »The politics of numbers -PC Mohanan
-The Indian Express Government data always come with limitations. Now, they have a political dimension A new data-related controversy has erupted after the government aborted the publication of the report of the household Consumer Expenditure survey (CES) conducted by the National Sample Survey Organisation (NSSO) during 2017-18. This survey is one of the oldest series of surveys — undertaken by NSSO since the 1950s — and is the precursor to the...
More »Key sales numbers show rural demand may dip further -P Vaidyanathan Iyer
-The Indian Express Warning signs across FMCG, tractors & 2-wheelers, gold, real rural wages THE GOVERNMENT Friday claimed that a significant divergence in levels of consumption and direction of change prompted it to withhold the findings of the survey on household consumption expenditure for July 2017-June 2018. But all major indicators of rural demand suggest the situation has only worsened since the beginning of financial year 2019-20, and the economy is...
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