-Hindustan Times Gross domestic product (GDP) statistics are released at both current and constant prices. The latter discounts inflation (more on this later) from the base year of the current GDP series. Let’s assume it takes a tonne of steel to build half a kilometre of road. Let’s also assume steel costs ₹1,000 a tonne and there is a tax of 10% on steel. Now, if steel prices doubled in a year,...

-The Hindu COVID-19 could impact final numbers, says the National Statistical Office. India’s gross domestic product (GDP) is expected to grow by 9.2% in the current financial year following last fiscal’s 7.3% contraction, the National Statistical Office (NSO) said in its first advance estimates of economic output released on Friday, amid concerns over the likely impact of a third wave of the COVID pandemic. The NSO, however, made clear that these were “early...

-Down to Earth A breach in the dam could affect millions of lives and damage property Gandhi Sagar Dam on Chambal River in Madhya Pradesh is in need of immediate repair, warned a new report. It is one of the five water reservoirs of national importance.  Absence of regular checks, non-functional instruments and choked drains are the major problems plaguing the dam for years, the report by the Comptroller and Auditor General of...

-Hindustan Times 2021 was supposed to be the year of the decadal census in India. This exercise has not been delayed even once until 2011 since 1881, when India conducted its first full census. Every day, the data and political economy team of the Hindustan Times brings you stories we call Number Theory. They are based on databases from India and sometimes even abroad. We will continue to do this in the...

-The Telegraph Minister says GOI has not enumerated caste-wise population, other than SCs and STs in Census since independence, not in line with statement made to SC The Centre has told Parliament that it “has not enumerated” caste-wise populations other than those of the Scheduled Castes and Scheduled Tribes since Independence, contradicting a statement it made in the Supreme Court three months ago. In that court affidavit of September 21, the social justice...