-The Times of India NEW DELHI: Niti Aayog vice-chairman Rajiv Kumar said on Saturday that the GDP growth rate under four years of the Modi government is still higher than the growth rate of last four years of UPA. In a series of tweets, Kumar said, "Growth rate under four years of Modi Government is still higher than the growth rate of last four years of UPA. This is being managed despite...
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Double-digit delight for Manmohan era
-The Telegraph New Delhi: A new set of economic data put out by a sub-committee of the National Statistical Commission has shown that the UPA government under Prime Minister Manmohan Singh clocked a double-digit growth rate of 10.08 per cent in 2006-07. The new calculations have to be vetted by the Central Statistical Commission and by a standards authority before they become officially acceptable. If the figure holds even after that scrutiny,...
More »GDP grew in double digits twice in UPA era -Asit Ranjan Mishra
-Livemint.com The estimates of GDP and other related aggregates for the period 1993-94 to 2013-14 have been calculated by an NSC committee using a so-called production shift method New Delhi: India’s economy grew in double digits twice during the previous United Progressive Alliance government (UPA) under Prime Minister Manmohan Singh, 10.23% in 2007-08 and 10.78% in 2010-11, according to back series calculations by a committee appointed by the National Statistical Commission. However, the...
More »New EPF enrolment during Sep., 2017 to Apr., 2018 confined to a few industries & states, indicates data
A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...
More »Breaking down India's non-agricultural workforce -Roshan Kishore
-Hindustan Times According to the 2011 census, 45% of India’s total workers are employed in the non-agricultural sector. This number excludes those who work as either cultivators or agricultural labourers Employment generation (or the lack of it) will probably be the biggest issue in next year’s general elections. India’s employment challenge is broadly perceived as one of moving agricultural workers to remunerative jobs in the non-farm sector, and rightly so. With a...
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