-PTI New Delhi: The National Statistical Commission (NSC) has sought public comments on a panel report which showed that the economy grew at fastest pace under the Congress rule, amid a political row over the growth numbers. The report of the panel, constituted by the NSC, was made public last week. The government has maintained that the GDP Back Series Report 2011 was an unofficial document that has not been accepted by it....
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Why the NSSO Employment Surveys Shouldn't Have Been Done Away With -Sona Mitra
-TheWire.in The new periodic labour force surveys, while welcome, will create a situation where there would be no data system to compare the present with the past. In a recent interview, Prime Minister Narendra Modi apparently said, “more than a lack of jobs, the issue is a lack of data on jobs”. For those of us who have been using the National Sample Survey Organisation (NSSO) data on employment and unemployment for...
More »Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
More »NR Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy (NIPFP) and author of the series presented in a report to the National Statistical Commission, interviewed by Abhishek Waghmare (Business Standard)
-Business Standard "Under the new GDP series, there has been reallocation of a few items from one sector to another, from services to manufacturing sectors" The back series data of GDP released recently by a panel of experts has evoked sharp reactions among political circles and experts. N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report...
More »What Surjit Bhalla got wrong about our study on spatial inequality in India -Vivek Dehejia
-ThePrint.in Three richest states in India are three times as rich as three poorest, which is why we can’t ignore spatial inequality. In a recent review of James Crabtree’s new book, The Billionaire Raj, also reviewed by me, columnist and part-time member of PM Modi’s Economic Advisory Council, Surjit Bhalla, pays my co-author, political economist and presently data guru for the Indian National Congress, Praveen Chakravarty, the following compliment: “In a much...
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