-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,...
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Leaving out shell companies would seriously underestimate GDP: Former Chief Statistician -Dipak Mondal
-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...
More »Statisticians dismiss concerns on growth numbers raised by NSSO Study: Report
-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...
More »New GDP series faces fresh questions after NSSO discovers holes -Pramit Bhattacharya
-Livemint.com * A third of the firms in MCA-21 database used to calculate GDP found dodgy * Results from the MCA-21 database survey were so disappointing that two reports based on it had to be junked NEW DELHI: A key database introduced in India’s new gross domestic product (GDP) series has now been found to be full of holes, raising fresh questions over the controversial and contested GDP numbers in Asia’s third-largest economy. A...
More »Report card: RPVVs score over Kendriya Vidyalayas -Shradha Chettri
-The Times of India NEW DELHI: Among government schools in Delhi, the performance of the state-run Rajkiya Pratibha Vikas Vidyalayas (RPVVs) is better even than that of the Kendriya Vidyalayas run by the central government. On Friday, Delhi government presented a detailed analysis of the results, showing how the pass percentage of RPVVs increased to 99.9% from 99.79% last year. In comparison, the pass percentage of Kendriya Vidyalayas this year was 99.4%....
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