-Livemint.com While CSO’s GDP growth estimates will be a disappointment, it will very likely be explained away soon as the market tries to find new and innovative reasons to extend the rally For a few quarters, take all year-on-year (y-o-y) growth figures about the Indian economy with a pinch of salt. That’s because they will now be boosted due to the favourable effect of a low base. Since demonetisation and the introduction...
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Fact Check: India's growth did slump to 5.7%, but not due to 'technical reasons' as Amit Shah claims -Mayank Jain
-Scroll.in BJP chief’s claim that growth rate declined due to change in the methodology doesn’t hold much water. Data released on August 31 marked the sixth straight quarter of slowing growth for the Indian economy as the gross domestic product growth rate slipped to 5.7% in the first quarter of the current financial year. It was a sharp decline from 7.9% growth seen in the same quarter last year. Attempting to explain the...
More »Tale of neglect -TK Rajalakkshmi
-Frontline.in The death of nearly 60 children in Gorakhpur because of the unavailability of oxygen can be directly attributed to the larger issue of drastic reduction in budgetary allocations for and the gross neglect of the public health system. THE death of almost 60 children, including infants, in the government-run Baba Raghav Das Medical College Hospital in Gorakhpur within a span of 48 hours raises several issues relating to the state...
More »India's population to surpass China's by 2030: UN report -Ishan Bakshi
-Business Standard Between 2017 and 2050, half of the world's population growth will be concentrated in nine countries Roughly seven years from now, India’s population is expected to surpass that of China, reaching 1.5 billion by 2030, according to the revised population estimates of the United Nations. China’s population currently at 1.41 billion compared to 1.34 billion of India. By 2024, both are expected to have roughly 1.44 billion people each. India’s...
More »Where are the jobs? -Himanshu
-Livemint.com The BJP government, which came to power on the promise of creating 20 million jobs per year, has not yet recognized the gravity of the situation The Central Statistical Office (CSO) has released the full-year growth estimates for 2016-17. These had been much awaited given the uncertainty over the impact of demonetization. These were on expected lines, with fourth quarter growth in gross value added (GVA) in 2016-17 declining to 5.6%...
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