-TheWire.in Farmers have been forced to sell at prices as low as Re 1 per kg, but the Modi government’s focus remains on controlling a rise in prices. New Delhi: Last week, Sanjay Sathe, an onion farmer from Nasik district in Maharashtra, made headlines. He had donated Rs 1,064 to the Prime Minister’s Disaster Relief Fund – the amount he had earned after selling 750 kg of onions. It translated to less...
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Rajasthan's Unorganised Gems and Jewellery Industry May Want to Punish BJP -Shruti Jain
-TheWire.in Several people who worked in the industry say demonetisation and the GST crippled their business. Jaipur: However much the Bhartiya Janta Party (BJP) may wish to overlook the impact of demonetisation and the Goods and Services Tax on the unorganised gems and jewellery sector in Rajasthan, the workers and households who bore the brunt of the twin economic policies are resolute in their decision to vote the BJP out of power. The...
More »Information Panel Strength Hits All-Time Low in Modi Era -Gaurav Vivek Bhatnagar
-TheWire.in No new appointments have been made to the Central Information Commission since 2016. New Delhi: From Monday, the Central Information Commission (CIC) will function with only three commissioners – as opposed to a sanctioned strength of 11, including the chief. The present crisis has arisen because the Narendra Modi government has since 2016 failed to fill any vacancies in the body – probably because the commission has been at the forefront...
More »India's GDP Debate: What Explains Reduced Growth Rates Under the UPA? -R Nagaraj
-TheWire.in How correct was it for the Central Statistics Office to have selectively used contested methods for preparing the back series data? The spotlight is back on India’s growth rates, three years after the gross domestic product (GDP) data using the 2011-12 base year was released. Before trying to delve into the controversy surrounding the back-series data – which saw GDP growth from 2006-2012 reduce significantly – it is important to understand how...
More »Why India's New GDP Math Lacks Credibility -MK Venu
-TheWire.in The new back-series GDP data, released four months before the 2019 general elections, fails several common sense tests. India’s back-series GDP (gross domestic product) data, released by the NITI Aayog just four months before the 2019 general elections, turn the basic laws of macroeconomics on their head. Here’s one that is most intriguing. The data show lower GDP growth during the UPA years, which is when the gross investment to GDP...
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