-Hindustan Times These sectors deserve consistent support over time to compete internationally since India is lagging behind Manufacturing contributed in 2017 only about 16% to India’s GDP, stagnating since economic reforms began in 1991. By contrast, in east and south-east Asia, the industry share has exceeded 30-40% while manufacturing is 20-30%. India’s manufacturing share of GDP has not moved up at all, though between 2004-05 and 2011-12 manufacturing employment growth was...
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NSS report on services sector to be examined by committee: MoSPI
-PTI New Delhi: The statistics ministry Wednesday said an official committee will examine the NSS technical report on services sector enterprises, which has raised questions over the GDP data. The technical report of the National Sample Survey Office (NSSO) has generated controversy following its observation that as much as 36 per cent units forming part of MCA-21 database, used in computing GDP, could not be either identifiable or traceable in the field. The...
More »'Make in India' has not eased manufacturing woes -Sneha Alexander
-Livemint.com * Despite its ambitious targets, NDA’s ‘Make in India’ has failed to improve investment, employment, and exports in India’s manufacturing sector * One area where this government has fared relatively better has been in attracting foreign direct investment (FDI) to the country MUMBAI: When the Bharatiya Janata Party (BJP) swept into power in 2014, one of its first acts was to launch the ‘Make in India’ initiative with the ambitious vow of...
More »RB Barman, former Chairperson of National Statistical Commission, interviewed by TK Rajalakshmi (Frontline.in)
-Frontline.in Interview with R.B. Barman, former Chairperson, National Statistical Commission. R.B. Barman, former Chairperson of the National Statistical Commission (NSC), was member of the Indian Statistical Service before joining the Reserve Bank of India in 1979. He was president of the Indian Econometric Society in 2006-07, Vice Chairman, Irving Fisher Committee on Central Bank Statistics, Bank for International Settlement, Basel, Switzerland, and Member, International Data Forum. He sent a paper to Prime...
More »The numbers game -Puja Mehra
-The Hindu A structural break can be observed in the GDP back series before and after the year 2011-12 India’s national income statistics are under a cloud. The Central Statistics Office (CSO) has released official revisions of the GDP estimates for the years 2004-05 to 2013-14 in the Manmohan Singh-led government’s tenure. The revisions make the Narendra Modi government’s performance on the economic front appear better than that of its predecessor. In 2015,...
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