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Centre withholds consumer expenditure survey citing data quality issues

-PTI Government's statement comes after a report has claimed the survey results were put on hold owing to its "adverse" findings. The Statistics and Programme Implementation Ministry (MOSPI) on Friday said it has decided not to release the Consumer Expenditure Survey results of 2017-18 due to data quality issues. The MOSPI also mentioned that an expert panel has recommended that 2017-18 would not be an appropriate fiscal to be used as a base...

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Epidemic indifference

-The Hindu Business Line India’s over-dependence on private players for vaccines is promoting irrational use and restricting access that leads to unacceptable fatalities The death of an eight-year-old girl, Anju, this August after denial of anti-rabies vaccine at Agra’s Sarojini Naidu Medical College (SNMC) is followed by the admission by Health Ministry that fatality rate for rabies in India is 100 per cent. Although the circumstance of Anju’s death is particularly Kafkaesque...

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Q2 GDP growth to decline to 4.9 per cent: NCAER

-PTI India’s economy grew at 5 per cent in the first quarter of 2019-20 New Delhi: Economic think-tank, National Council of Applied Economic Research (NCAER), said that India’s GDP growth is likely to decline to 4.9 per cent in the second quarter of this fiscal due to sustained slowdown in virtually all the sectors. India’s economy grew at 5 per cent in the first quarter of 2019-20 -- the slowest pace in over...

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Reviving growth: Focus on rural India -Aruna Sharma

-Financial Express If panchayat allocations are merged with MGNREGA to aid asset creation, it can trigger infrastructure growth, resulting in extra income and improved conditions. There is a lot of debate around 5% GDP growth and its impact on the organised sector. Although the government has been taking multiple steps to trigger the economy, there is a need to focus on rural India, in terms of optimising of fund allocations and revision...

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Consumer spending falls for first time since 1973 due to low rural demand: NSO data

-India Today The NSO report claims the consumer spending in villages for FY18 dipped by 8.8, whereas, it rose by 2% in cities over six years Consumer spending dropped for the first time since 1973 on weak rural demand, according to National Statistical Office (NSO). Latest consumption expenditure survey, titled 'Key Indicators: Household Consumer Expenditure in India', reveals that the average sum of money a person spends in a month dropped by 3.7%...

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