-Business Standard R Nagaraj, professor at the Indira Gandhi Institute of Development Research (IGIDR), had disputed the Central Statistics Office (CSO) methodology on non-financial private corporate sector, which is a segment in the new GDP data. His criticism was mainly on the ground that CSO altered the methodology in 2015 from what was agreed on by a sub-committee, in which Nagaraj was a non-official member, in 2014. CSO gave a rejoinder...
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Pronab Sen, Chairman of National Statistical Commission (NSC), interviewed by Indivjal Dhasmana on the new gross domestic product (GDP) data series
-Business Standard As critics find fault in the new gross domestic product (GDP) data, National Statistical Commission (NSC) Chairman Pronab Sen, heading a committee to review the methodology of the new series, tells Indivjal Dhasmana much of the criticism is due to the lack of information about the methodology and sourcing of the new data. Edited excerpts: NSC has appointed a committee under you to review the new GDP data. Has it...
More »When statistics lie -Paranjoy Guha Thakurta
-The Asian Age The much-quoted sentence, "there are three kinds of lies: lies, damn lies and statistics", was attributed to the 19th century British Prime Minister Benjamin Disraeli by American author Mark Twain. Although researchers could never find such a statement in any written work of Disraeli, the sentence gained universal popularity to signify how economists and other number-crunchers use the "persuasive power" of figures to make a political point or...
More »Asbestos: Govt Kow-Tows to Corporate Lobbies -D Raghunandan
-Newsclick.in The government in India continues to kow-tow to corporate lobbies at the cost of the environment and public health including occupational health. While always an integral part of ruling class politics in India, as witnessed in the seemingly never-ending saga of the Bhopal Gas Disaster, this has reached new heights under the BJP government led by PM Narendra Modi which is rapidly dismantling even the already weak environmental regulatory structure....
More »Driven to distress -R Krishnakumar
-Frontline Kerala is facing a situation where health care costs are leading more and more people, not just low-income families, to financial distress. KERALA is once again drawing attention to itself, this time for a persistent trend of a large number of households being pushed into financial ruin because of the expenses incurred for medical care. Several studies have now found evidence for the many facets of this worrying development in a...
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