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The great Indian GDP debate, explained in five charts -Pramit Bhattacharya

-Livemint.com If there is no way to tell which part of the economy is doing well and which is not, policymakers will continue to have to rely on rough proxies and their intuition for decision-making A month after statisticians from the National Sample Survey Office (NSSO) published a report exposing holes in one of the key databases used in India’s gross domestic product (GDP) calculations the controversy around India’s new GDP series...

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What does the merger of National Sample Survey Office and Central Statistics Office entail? -Prashanth Perumal J

-The Hindu * Will the move undermine the NSSO’s autonomy, which has been dogged by controversies over data reporting? The story so far: On May 23, the government announced that the National Sample Survey Office (NSSO) will be merged with the Central Statistics Office to form the National Statistical Office (NSO). Many believe that this move will undermine the autonomy of the NSSO which has been at the centre of various public...

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Sunaina Rawat and the dilemma of Bharat -Richard Mahapatra

-Down to Earth The new government has to focus on the rural population, their aspirations and the economy By this time most of us know Sunaina Rawat. Still a brief introduction: she is a 12-year-old girl from a village in Uttar Pradesh. When the news channel NDTV’s head Prannoy Roy interviewed her on life and aspirations while covering elections, she immediately became one of the most imposing symbol for the country’s rural...

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Data gaps in GDP calculation will be resolved: Govt

-Hindustan Times The NSSO report, findings of which were first published in Mint on Wednesday, found that 36% of the companies in the MCA-21 database maintained by the ministry of corporate affairs (MCA) could not be traced or were wrongly classified. New Delhi: The ministry of statistics and programme implementation (MoSPI) has downplayed the controversy around India’s gross domestic product (GDP) data after a National Sample Survey Office (NSSO) report raised serious...

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Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data

  The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...

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