Is it the case that the global economic downturn instead of shrinking domestic demand has affected our economy more? If the aforesaid statement is true, then ideally the trade related data should indicate improvement in our imports and deceleration in the country's exports. However, that is not the case and we get a mixed picture. A press release by the Ministry of Commerce & Industry dated 13th September, 2019 shows...
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Arvind Subramanian's GDP bombshell: Prominent economists divided over maths
-The Financial Express After former Chief Economic Advisor Arvind Subramanian’s research paper re-started debate on GDP data, comments from other prominent economists have also started to pour in on the issue. After former Chief Economic Advisor Arvind Subramanian’s research paper re-started debate on GDP data, comments from other prominent economists have also started to pour in on the issue. While some support the analysis and call for an independent committee to...
More »The great Indian GDP debate, explained in five charts -Pramit Bhattacharya
-Livemint.com If there is no way to tell which part of the economy is doing well and which is not, policymakers will continue to have to rely on rough proxies and their intuition for decision-making A month after statisticians from the National Sample Survey Office (NSSO) published a report exposing holes in one of the key databases used in India’s gross domestic product (GDP) calculations the controversy around India’s new GDP series...
More »What does the merger of National Sample Survey Office and Central Statistics Office entail? -Prashanth Perumal J
-The Hindu * Will the move undermine the NSSO’s autonomy, which has been dogged by controversies over data reporting? The story so far: On May 23, the government announced that the National Sample Survey Office (NSSO) will be merged with the Central Statistics Office to form the National Statistical Office (NSO). Many believe that this move will undermine the autonomy of the NSSO which has been at the centre of various public...
More »Why is the government merging India's statistics bodies? -Dhirendra Tripathi
-Livemint.com * NSSO and CSO are to be merged into what will be known as NSO * The order puts the merged entity under MoSPI secretary The ministry of statistics and programme implementation (MoSPI) passed an order on 23 May to merge the Central Statistics Office (CSO) and National Sample Survey Office (NSSO) into the National Statistical Office (NSO). Mint analyses what led to the decision. * When was a revamp of the statistical...
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