-TheWire.in A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. New Delhi: A National Sample Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India’s GDP numbers. A technical study conducted by the NSSO between June 2016 and June 2017,...

-BusinessToday.com According to the Ministry of Corporate Affairs (MCA) there are around 9 lakh active companies are registered with the MCA after over 3.3 lakh companies were de-registered in two phases over 2017 and 2018 The National Sample Survey Office (NSSO) has found many holes in MCA-21 data used for GDP calculation, hinting that it probably overestimates the GDP. The former Chief Statistician of India Pronab Sen, though, has a completely different...

-The Hindu Shell companies in MCA-21 submitting balance sheets regularly very much part of measurement, says former chief statistician The deficiencies found in the MCA-21 database of the corporate sector, where more than a third of the sample companies were either untraceable, out of coverage, or closed, will not have a major impact on the calculation of GDP and GVA, according to prominent statisticians closely associated with the subject. A recent report by...

-The Hindu With a high percentage of Muslims, Bihar’s Seemanchal region frames issues of representation and welfare In the ongoing general election, Seemanchal, a historically neglected and yet socially and politically significant region in Bihar, has once again registered a high voting percentage. Comprising four districts — Purnea, Katihar, Kishanganj and Araria — Seemanchal has a population of about 1 crore. It assumes sociopolitical significance owing to the large proportion of Muslims...

-MoneyControl.com A government official defended the calculations saying that since the tax collections match up with the database, it is not unusable. Prominent statisticians have dismissed fresh concerns on growth projections raised by a National Sample Survey Office (NSSO) study. An article in The Hindu quoted statisticians as saying the discrepancies pointed out by NSSO in the new Ministry of Corporate Affairs (MCA-21) database will have no major impact on growth. The government...