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Clear data doubts on India's growth story -N Madhavan

-The Hindu Business Line The government should explain constant variations in GDP figures. India’s reputation for data credibility could suffer “The (revised GDP) numbers are the result of a hatchet job” tweeted former Finance Minister P Chidambaram after the Modi government published the back-series GDP data late November. Ahmed Patel, his colleague in the Congress party, added his bit: ‘In its desperate attempt to re-write GDP data, the government resembles a student...

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For democracy's sake, EVMs must have proper VVPAT-based audit -V Ramani and K Ashok Vardhan Shetty

-Hindustan Times Election Commission’s faulty audit plan has led to an avoidable controversy. We recommend a few steps. The bizarre claim made in London recently about the alleged hacking of Electronic Voting Machines (EVMs) in previoUS Elections has done more harm than good by diverting public attention from genuine concerns about EVMs and the Election Commission of India’s (ECI) lack of transparency in the matter. The controversy over the security of EVMs dates...

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Who will pay for sops? -Arun Kumar

-The Indian Express Government’s claim that structural changes to the economy are paying off, and that is being used to give back to the people, is problematic. The Interim Union Budget 2019 is no less than a full budget with changes in taxation and announcement of lucrative schemes for various sections of the population. The recent losses in three major assembly elections rang alarm bells for the ruling dispensation. With the...

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Cash in system surges: Informal sector's back? -Mayur Shetty

-The Times of India MUMBAI: Currency in circulation touched a new high of Rs 20.65 lakh crore on January 18, 2019, way above the pre-demonetisation high of Rs 17.97 lakh crore. The increase in currency usage points to a recovery in 'informality' in the economy as the government goes easy on goods and services tax compliance and businesses continue using cash, according to Pranjul Bhandari, chief economist, India, HSBC. The acceleration of...

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Everyone is afraid of data -Sonalde Desai

-The Hindu There needs to be robust infrastructure for official statistics so that governments do not suppress inconvenient truths Over the past two weeks, headlines have focussed on declining employment between 2011-12 and 2016-17; loss of jobs under the National Democratic Alliance government, particularly post-demonetisation; and the government’s refusal to release a report using the Periodic Labour Force Survey (PLFS) documenting this decline, leading to resignations of two members of the National...

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