-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
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Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan
-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 »BJP Minister Narendra Singh Tomar Won't Say How He Spent Rs 11 Cr Of His MPLADS Fund Despite CIC Order -Akshay Deshmane
-HuffingtonPost.in Prime Minister Narendra Modi claims he is running a transparent government, but his cabinet colleagues are withholding public information. NEW DELHI: Union cabinet minister and Lok Sabha member Narendra Singh Tomar of the Bharatiya Janata Party (BJP) has not disclosed how he has spent over Rs 11 cr of his discretionary fund in his Gwalior constituency, despite directions from the Central Information Commission (CIC), HuffPost India has found. This persistent denial of...
More »GDP back series data: National Statistical Commission seeks public comment on panel report
-PTI New Delhi: The National Statistical Commission (NSC) has sought public comments on a panel report which showed that the economy grew at fastest pace under the Congress rule, amid a political row over the growth numbers. The report of the panel, constituted by the NSC, was made public last week. The government has maintained that the GDP Back Series Report 2011 was an unofficial document that has not been accepted by it....
More »Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
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