-The Indian Express Many economists have  questioned the NITI Aayog’s role in the release of the statistical  exercise of CSO, which comes under the Ministry of Statistics and Programme Imple- mentation (MoSPI). New Delhi: Facing Criticism over the NITI Aayog’s presence at the release of the GDP back series data by the Central Statistics Office (CSO) last week, Aayog Vice-Chairman Rajiv Kumar said his department was asked to “have a look”...

-Livemint.com An economy’s resilience and sustainability is best measured through its institutional strength The official back data on India’s gross domestic product (GDP), released by the Central Statistical Office (CSO) on Wednesday, runs the risk of denting the market’s trust and conviction in official data released by government agencies. The new data release contradicts the earlier findings of a committee set up by National Statistical Commission to develop a methodology for deriving...

-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed...

-PTI NEW DELHI: The government on Wednesday lowered the country's economic growth rate during the previous Congress-led UPA regime, shaving off over 1 percentage point from the only year when India posted double-digit GDP growth post liberalisation and from each of the three years with 9-plus per cent expansion. Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office (CSO) estimated that India's GDP...

-Scroll.in The ministry has issued showcause notices to three of its senior officials for submitting the report before Agriculture Secretary Sanjay Agarwal could vet it. The Ministry of Agriculture has withdrawn a report that said demonetisation affected millions of farmers in the country. The ministry cited a “compilation error” to justify the withdrawal and submitted a new report that says farmers did not face any “adverse impact” as a result of the...