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The case for doubting India's GDP numbers -V Anantha Nageswaran

-Livemint.com Arvind Subramanian’s conclusions about GDP growth figures are in the right direction. There’s no point being in denial Arvind Subramanian was the chief economic advisor (CEA) to the Government of India from October 2014 to June 2018. Among other things, he became well known and was praised deservingly for his Economic Surveys. He made that document interesting, useful and accessible. He also took it to the country by hosting online lectures...

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Tur dal price jumps 20% in past 2 months, hits Rs 100/kg in retail -Dilip Kumar Jha

-Business Standard Unlikely to rise further as the government allowed imports, release stock held by Nafed Mumbai: With its price shot up sharply in the last few weeks, tur dal has started slipping out of consumers’ plate steadily. Data compiled by the Union Ministry of Food, Consumer Affairs and Public Distribution showed the maximum tur dal prices across the country is at Rs 110 a kg on higher side and average or model...

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No Muzaffarpur medical centre has a rating better than zero -Rema Nagarajan

-The Times of India While the state and Union governments are now scrambling to deal with the outbreak of acute encephalitis syndrome (AES) disease in Bihar's Muzaffarpur, official data shows the shocking state of the public health infrastructure in the district. The health ministry's health management information system (HMIS) shows that all of the 103 primary health centres (PHC) and the only community health centre in the district were not considered...

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GDP numbers: EAC-PM rejects ex-CEA's claims, releases point-to-point rebuttal

-The Times of India NEW DELHI: The Economic Advisory Council to the Prime Minister (EAC-PM) on Wednesday rejected the claims of former CEA Arvind Subramanian regarding over-estimation of GDP numbers and said that India's current methodology is at par with its global standing as a responsible, transparent and well-managed economy. The EAC-PM released a detailed note titled 'GDP estimation in India - Perspectives and Facts' and as it earlier stated, the note...

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Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?

In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...

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