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TCA Anant, Chief Statistician of India, speaks to Dilasha Seth and Indivjal Dhasmana

-Business Standard As economic growth came in at 7.9 per cent in the fourth quarter of 2015-16, many argue that much of it could be attributed to discrepancies. Chief Statistician of India T C A Anant dispels these notions. He tells Dilasha Seth and Indivjal Dhasmana that the principal method of calculating the gross domestic product (GDP) is by taking into account the production-side estimates and not an expenditure one. Edited...

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The Private Sector’s Commitment to the National Skill Development Programme is Shaky -Santosh Mehrotra

-TheWire.in The number of people needing technical and vocational education is at least 20 million per year, but the system is barely churning out 5 million per year. In India until the middle of the 2000’s, employers were hardly interested in training within their own enterprises, let alone the system outside their enterprises. However, rapid GDP growth during those years led to a serious shortage of skilled staff. The government of India...

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Happy ending and twist in growth story

-The Telegraph New Delhi: Official statistics suggest the juggernaut of India's economy has started to roll at a clattering pace. But some analysts stayed cautious, keeping in mind the low investment levels. The Central Statistical Organisation (CSO) today said the gross domestic product (GDP) - the broadest measure of the economy - had grown at a robust 7.9 per cent in the fourth quarter (January-March 2016), which enabled the government to fulfil...

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Job growth at a snail’s pace -Santosh Mehrotra

-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...

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Unseeing the drought -Harsh Mander

-The Indian Express The suffering of millions does not create public outrage, much less government accountability. The people of India’s villages carry collective memories of centuries of calamitous losses of sometimes millions of lives in famines. Famines have been pushed into history, unarguably one of free India’s greatest accomplishments. But the same can’t be said about droughts, which continue to extract an enormous toll on human suffering. At least a third of the...

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