-Livemint.com This is the highest GDP growth that India has seen since the country started reporting Quarterly GDP data for the quarter ended June 1996 The gross domestic product (GDP) growth for the period April to June 2021 came in at a record 20.1%. GDP is the measure of the economic size of a country during a particular period. This is the highest growth that India has seen since the country started reporting...
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What’s behind the ‘improvement’ in employment situation in labour force survey report -PC Mohanan
-ThePrint.in The improved employment scenario as per PLFS 2019-20 is restricted to women and is due to the increased percentage of rural women in the unpaid family worker category. The National Statistical Office (NSO) has recently released the third annual report of the Periodic Labour Force Survey (PLFS) for the year 2019-20 and also the quarterly estimates for urban areas based on the panel survey of urban households till June 2020. At...
More »Growth matters but income levels matter more -M Suresh Babu
-The Hindu India needs a sharp revival of demand for which higher per capita incomes are necessary The provisional estimates of annual national income (2020-21), released on May 31 by the National Statistical Office, did not have any surprises, but for one, that is, there is nothing encouraging in the numbers. The agriculture sector continued its impressive growth performance, reiterating that it still remains as the vital sector of the economy, especially at...
More »The pillars of an equitable post-COVID India -S Mahendra Dev
-The Hindu In the post-pandemic world, addressing inequality is key to sustaining growth and well-being COVID-19 in the last one year has once again reminded us of the growing inequalities in India. A recent Pew Research Report shows that India’s middle class may have shrunk by a third due to the novel coronavirus pandemic while the number of poor people earning less than ₹150 per day more than doubled. The Pew report...
More »GDP growth is being driven by larger firms. Smaller ones continue to suffer, need policy attention -Saugata Bhattacharya
-The Indian Express Policy coordination between the Centre and states will be crucial for implementing this ambitious reform agenda. The National Statistical Office will release the second advance GDP estimates for 2020-21 at the end of February. The first advance estimate had, in early January, forecasted a contraction of 7.7 per cent in 2020-21. This was due largely to an expected, sharp contraction in both industry and services. The second advance estimates...
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