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Not measure for measure -Uday Balakrishnan

-The Hindu With a plethora of government departments and international organisations putting out so much statistical data in the public space, often contradicting one another, it is the government's duty to clear the air with up-to-date and coherent statistical data linking social and economic indicators Purchasing Power Parity or PPP has validated a long held surmise that the poorer countries are not as badly off as they are made out to be...

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A budget to transform -Pulapre Balakrishnan

-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...

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New GDP Numbers Make Jaitley Happy -Lola Nayar

-Outlook 7.4 per cent growth is good news for the NDA's finance minister who will present his full budget two weeks from now.   Indian economy is forecast to grow at an accelerated 7.4 percent in the fiscal year ending in March 2015 as against 6.9 percent in the previous fiscal, according to advance estimates released Monday. The high growth numbers, based on the new formula (with 2011-12 as the base year)...

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Doubts over data: Economists remain sceptical as government projects GDP at 7.4%

-The Economic Times NEW DELHI: India is poised to become the world's fastest-growing major economy, possibly overtaking a slowing china this year itself, according to data released by the statistics office on Monday. But the numbers, based on a new series, seem to have intensified the bewilderment among experts who see little evidence of such a sharp growth surge. "The numbers are quite puzzling," said Soumya Kanti Ghosh, chief economic advisor, State...

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India's IP status unlikely to improve in US Special 301 report -Nayanima Basu

-Business Standard It is an annual review of the state of IPR protection and enforcement of America's trading partners Notwithstanding the recent bonhomie of sorts between Prime Minister Narendra Modi and US President Barack Obama, India's status as ‘Priority Watch List' country for having an alleged weak intellectual property rights (IPR) and patents regime is unlikely to see any improvement in the US' 2015 Special 301 Report. The 2015 Special 301 Report is...

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