-The Telegraph There is something heroic about tens of thousands of farmers marching and wringing concessions from a BJP state government The farmers’ rally in Delhi, the Kisan Mukti March, organised by the All India Kisan Sangharsh Coordination Committee (AIKSCC) happened the day after the assembly elections in Madhya Pradesh and just before the assembly elections in Rajasthan. The politics of the rally was different from the politics of elections but the...
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Why India's New GDP Math Lacks Credibility -MK Venu
-TheWire.in The new back-series GDP data, released four months before the 2019 general elections, fails several common sense tests. India’s back-series GDP (gross domestic product) data, released by the NITI Aayog just four months before the 2019 general elections, turn the basic laws of macroeconomics on their head. Here’s one that is most intriguing. The data show lower GDP growth during the UPA years, which is when the gross investment to GDP...
More »As institutions change, so does data credibility
-Livemint.com An economy’s resilience and sustainability is best measured through its institutional strength The official back data on India’s gross domestic product (GDP), released by the Central Statistical Office (CSO) on Wednesday, runs the risk of denting the market’s trust and conviction in official data released by government agencies. The new data release contradicts the earlier findings of a committee set up by National Statistical Commission to develop a methodology for deriving...
More »Back and forth
-The Indian Express Quarrel over growth figures is nothing new. But it must not be allowed to spiral into a larger loss of economic data credibility The release of the new GDP back series data on Wednesday shows that the economy grew at an average of 6.7 per cent between 2005-06 to 2008-09 as well as between 2009-10 to 2013-14, the first four years of the UPA government’s two terms —...
More »Forest rights hold the key -Arvind Khare
-The Hindu Why it could impact the results in Madhya Pradesh and Chhattisgarh Pundits are busy speculating about winners and losers in Madhya Pradesh and Chhattisgarh. We will know for sure soon, but do past trends give any insight and is there something new this time? Past trends in both States have been nothing short of dramatic, and this drama has always played out in the tribal reserved constituencies in M.P. Between the...
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