-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...
More »SEARCH RESULT
Why the NSSO Employment Surveys Shouldn't Have Been Done Away With -Sona Mitra
-TheWire.in The new periodic labour force surveys, while welcome, will create a situation where there would be no data system to compare the present with the past. In a recent interview, Prime Minister Narendra Modi apparently said, “more than a lack of jobs, the issue is a lack of data on jobs”. For those of us who have been using the National Sample Survey Organisation (NSSO) data on employment and unemployment for...
More »New EPF enrolment during Sep., 2017 to Apr., 2018 confined to a few industries & states, indicates data
A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...
More »The paradox of job growth -R Nagaraj
-The Hindu Besides the missing informal sector, over-estimation of output growth also offers clues Are the latest employment estimates by the Central Statistics Office (CSO) factually correct? No. They are off the mark, and confined to the economy’s organised or formal sector, accounting at best for 15% of the workforce. Is there a paradox in high output growth rates and the marginal effect on employment? Probably not, if one acknowledges that GDP...
More »High-cost farming is degrading quality of soil, driving small farmers to ruin -Arjun Sharma
-Firstpost.com Chandigarh: With the planting of the new paddy crop underway in Punjab, Balour Singh of Sangrur district's Channa village is worried about the hourly fee of Rs 150 he needs to pay his neighbour for supplying water to his fields. Being a marginal farmer, Singh doesn't own a borewell and has to depend on others for water, which is something his paddy crop needs in plenty. But water isn't Balour Singh's...
More »