-TheWire.in Consumer spending Surveys help set the base year for key macroeconomic data, including gross domestic product. New Delhi: More than a month after National Statistical Commission (NSC) chairman Bimal Kumar Roy said the official Survey report showing a dip in consumer spending for the first time in over four decades would be made public, the autonomous data body decided against releasing the report. When asked why the NSC departed from its earlier...
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Union Budget 2020-21: An expert's guide to rural distress -Jitendra
-Down to Earth Nirmala Sitharaman's Budget has all the ingredients to deepen India’s farm crisis These are desperate times for India. Rural unemployment was at a 45-year-high while consumption expenditure of rural families fell 9 per cent between 2011-12 and 2017-18, according to a report by the National Sample Survey Office (NSSO), which the government never released but got leaked to the media in November 2019. Between 2011-12 and 2015-16, the income of farmers...
More »Assam meeting on census to identify 'indigenous' Muslims -Tora Agarwala
-The Indian Express Some fear such a census will “further marginalise” the descendants of Bengali-speaking migrants in Assam Guwahati: Assam’s Welfare of Minorities Minister Ranjit Dutta has confirmed the state’s plans to implement a census to identify Assam’s ‘khilonjiya’, or indigenous Muslim population, this year. On Tuesday, Dutta will meet with various representatives of the indigenous Assamese Muslim community to seek their “suggestions” in finalising the framework of the census. “A sum of...
More »Economic Survey: Focus on wealth of big business than wealth and health of nation -Surajit Das
-Newsclick.in The Economic Survey 2019-20 indicates that the government’s broad policy direction will remain the same -- of neglecting the social sector and serving the interests of the big businesses. This year’s Economic Survey begins with emphasising the importance of wealth of nations (inspired by Adam Smith) and depicts long-term contributions of the US, China, India and various other countries in world GDP (gross domestic product). The shares of China and India...
More »A brief exercise in not taking the Economic Survey 2020 seriously -S Subramanian
-TheWire.in This Survey was about wealth and entrepreneurship and free markets and privatisation, not about poverty or inequality or public employment schemes. This is a quick summary review of the latest Economic Survey (2019-20). I have to admit that this quickly-written assessment is a product of an equally quickly-read Survey. If I have not quite pored over it, it is because I found no evidence in the Survey to suggest that it...
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