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CEA Subramanian asks NSC to make junked consumer spending report public -Somesh Jha

-Business Standard The findings of the report, published by Business Standard in November 2019, showed consumer spending falling for the first time in over four decades in 2017-18. Chief economic advisor (CEA) Krishnamurthy Subramanian has asked the National Statistical Commission (NSC) to make public the 2017-18 consumer spending survey data. “The government had decided to not release the consumer expenditure survey report. But, earlier this year, NSC Chairman Bimal Kumar Roy received a...

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Sustained efforts required to reduce multidimensional poverty amidst the pandemic

Multidimensional poverty is about non-monetary poverty and is strongly associated with the challenges of achieving the Sustainable Development Goals (SDGs). Although previously defined only in monetary terms, poverty is now understood to include the lived reality of people’s experiences and the multiple deprivations they face. India’s multidimensional headcount ratio (H) i.e. the proportion or incidence of people (within a given population) who experience multiple deprivations has reduced from 55.1 percent to...

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Bihar economy: Dragged by legacy issues, a slow, steady progress -Aashish Aryan

-The Indian Express Nitish’s 15 years have seen high growth, especially in welfare indices, spending; industries slower to catch up. New Delhi: As Bihar heads into an election that promises to be a battle of proxies fought between former and present allies, on the state’s economic conditions alone, Chief Minister Nitish Kumar seems to have a clear edge. The state has improved in the last five years in terms of growth of...

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Compared to other South Asian countries, India fares poorly in terms of food and nutrition security, indicates SOFI 2020 report

In his Mann ki Baat speech delivered on 30th August, 2020, Prime Minister Shri Narendra Modi said that the month of September 2020 will be observed as Nutrition Month (POSHAN Maah) in the entire nation. In his address to the nation on that day, he highlighted that for children to be well-nourished, the mother should receive proper and adequate nutrition. In this context, it is important to discuss the 11 different...

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A Govt Unequal to the Task as Economy Sinks -Prabhat Patnaik

-Newsclick.in The significant fall in government expenditure during the lockdown is just the opposite of what the Modi government should have done. A striking aspect of the 24% decline in India’s GDP in the first quarter of 2020-21 compared with the first quarter of the last fiscal year is the decline by 10.3% in public administration, defence and other public services. This is a sector where the GDP (gross domestic product) is...

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