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As institutions change, so does data credibility

-Livemint.com An economy’s resilience and sustainability is best measured through its institutional strength The official back data on India’s gross domestic product (GDP), released by the Central Statistical Office (CSO) on Wednesday, runs the risk of denting the market’s trust and conviction in official data released by government agencies. The new data release contradicts the earlier findings of a committee set up by National Statistical Commission to develop a methodology for deriving...

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Havoc unleashed by demonetisation evident to everyone now, says former PM manmohan singh

-ThePrint.in In a statement issued on the second anniversary of demonetisation, former PM manmohan singh urged against ‘unorthodox, short-term economic measures’. Today marks the second anniversary of the ill-fated and ill-thought demonetisation exercise that the Narendra Modi government undertook in 2016. The havoc that it unleashed on the Indian economy and society is now evident to everyone. Notebandi impacted every single person, regardless of age, gender, religion, occupation or creed. It is often...

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RTI confirms Rajan sent PM Modi list of bank defaulters in February 2015 -Dheeraj Mishra

-TheWire.in/ Business Standard Asked what action was taken after receiving Rajan's list of NPA defaulters suspected of fraud, the PMO replied that this information does not fall within the scope of RTI New Delhi: Information disclosed in response to an RTI request made by The Wire has confirmed that former Reserve Bank of India governor Raghuram Rajan indeed notified Narendra Modi of the need to probe key defaulters as early as eight...

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What does the recent SC judgment on Aadhaar mean for people in Nandurbar? -Tabassum Barnagarwala

-The Indian Express Much before the Supreme Court started hearing a clutch of petitions challenging the Constitutional validity of Aadhaar and much before the unique identity number roiled a nation over concerns of privacy, Nandurbar had made peace with the 12-digit identification number. Since the launch of the unique ID in this Maharashtra district, the 12-digit identity has been inextricably tied to people’s lives — from a mother without Aadhaar who was...

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2008 global financial crisis: What government overdid, or didn't do -P Vaidyanathan Iyer

-The Indian Express India bounced back from 2008 crisis thanks to stimulus packages, but faltered by letting these continue. And it still has a long way to go in ensuring greater coordination between govt and financial regulators. India did not have a rulebook to refer to a decade ago when it was hit by a seismic shock with its epicentre some 12,500 km away. In the initial days post the Lehman collapse...

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