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MoSPI says back series GDP figures 'not official', formal data later

-PTI As per the back series data on GDP, Indian economy clocked a 10.08 per cent growth rate in 2006-07, the highest since liberalisation of the economy in 1991 New Delhi: Amid ongoing controversy over the back series GDP figures showing better economic performance during the UPA regime, the Ministry of Statistics and Programme Implementation (MoSPI) on Sunday said "these are not official estimates" and the data will be released officially later. As...

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GDP grew in double digits twice in UPA era -Asit Ranjan Mishra

-Livemint.com The estimates of GDP and other related aggregates for the period 1993-94 to 2013-14 have been calculated by an NSC committee using a so-called production shift method New Delhi: India’s economy grew in double digits twice during the previous United Progressive Alliance government (UPA) under Prime Minister Manmohan Singh, 10.23% in 2007-08 and 10.78% in 2010-11, according to back series calculations by a committee appointed by the National Statistical Commission. However, the...

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Double-digit delight for Manmohan era

-The Telegraph New Delhi: A new set of economic data put out by a sub-committee of the National Statistical Commission has shown that the UPA government under Prime Minister Manmohan Singh clocked a double-digit growth rate of 10.08 per cent in 2006-07. The new calculations have to be vetted by the Central Statistical Commission and by a standards authority before they become officially acceptable. If the figure holds even after that scrutiny,...

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PM announces immediate relief of Rs 500 crore to flood-hit Kerala

-PTI Thiruvananthapuram (Kerala): Prime Minister Narendra Modi announced on Saturday immediate financial assistance of Rs 500 crore for rain-battered Kerala, after reviewing the flood situation in the state. Modi also announced an ex-gratia of Rs 2 lakh per person to the next of kin of the deceased and Rs 50,000 to those seriously injured from the Prime Minister's National Relief Fund, a Prime Minister's Office statement said. So far, 324 people have...

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Modi's big-ticket announcement is Ayushman Bharat -Bindu Shajan Perappadan

-The Hindu Health protection scheme for 10.74 crore beneficiary families and 50 crore Indian citizens The healthcare sector has welcomed Prime Minister Narendra Modi’s announcement in his Independence Day address that the Pradhan Mantri Jan Arogya Abhiyaan, also known as Ayushman Bharat or the National Health Protection Mission (AB-NHPM), will be launched on September 25. The government-sponsored health insurance scheme will provide free coverage of up to ?5 lakh a family a year...

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