-The Hindu Slowdown in the economy was led by sluggish growth in the agriculture, forestry and fishing sector (2.9% growth), the mining sector (1.3% growth) and manufacturing (6.9%). India’s GDP grew at 5.8% in the January-March 2019 quarter, dragging down the full year growth to a five-year low of 6.8%. The unemployment rate in the country rose to a 45-year high of 6.1% in 2017-18, as per official data released on the...
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FY18 unemployment level is high but not comparable with previous surveys: NSO -Asit Ranjan Mishra
-Livemint.com * NSO says the change in criteria from monthly per capita expenditure to education levels has direct implications on the comparability of the results * Official data suggests unemployment rate rose to 45-year high of 6.1% in FY18 A day after the Narendra Modi government took oath of office for its second term, the National Statistical Office (NSO) on Friday formally released the leaked annual Periodic Labour Force Survey (PLFS), which showed...
More »Why is the government merging India's statistics bodies? -Dhirendra Tripathi
-Livemint.com * NSSO and CSO are to be merged into what will be known as NSO * The order puts the merged entity under Mospi secretary The ministry of statistics and programme implementation (MoSPI) passed an order on 23 May to merge the Central Statistics Office (CSO) and National Sample Survey Office (NSSO) into the National Statistical Office (NSO). Mint analyses what led to the decision. * When was a revamp of the statistical...
More »Why the integrity of data matters -A Vaidyanathan
-The Hindu The merger of the NSSO into the Central Statistics Office is a cause for concern The announcement that the government has decided to merge the National Sample Survey Office (NSSO) into and under the Central Statistics Office (CSO) has caused both surprise and concern. What exactly the ‘merger’ means remains unclear. Recent attempts to question the veracity of National Sample Survey (NSS) data and the way the issue has been...
More »Government's key agenda must be to accelerate growth -C Rangarajan
-The Hindu Only a fast-growing economy can generate surpluses needed to create jobs and sustain social safety nets Now that the general election is over, the time has come to pay serious attention to the economy. The national income numbers continue to be controversial. No serious policy decision can be taken with ambiguous numbers. Nevertheless, even with the new official numbers it is clear that growth is slowing down. As in the...
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