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TCA Anant, Chief Statistician of India, speaks to Dilasha Seth and Indivjal Dhasmana

-Business Standard As Economic Growth came in at 7.9 per cent in the fourth quarter of 2015-16, many argue that much of it could be attributed to discrepancies. Chief Statistician of India T C A Anant dispels these notions. He tells Dilasha Seth and Indivjal Dhasmana that the principal method of calculating the gross domestic product (GDP) is by taking into account the production-side estimates and not an expenditure one. Edited...

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Second thoughts on the market model -Pritam Singh

-The Tribune A confession by IMF economists in the flagship magazine stating that the kind of growth promoted by neoliberalism promotes inequality has created a buzz. Once in a while, something unexpected happens so stunningly that one finds it unbelievable in the first instance. A group of three economists in IMF's research department has written a joint paper criticising some key aspects of IMF's creed of neo-liberalism. It appears as unbelievable as...

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Happy ending and twist in growth story

-The Telegraph New Delhi: Official statistics suggest the juggernaut of India's economy has started to roll at a clattering pace. But some analysts stayed cautious, keeping in mind the low investment levels. The Central Statistical Organisation (CSO) today said the gross domestic product (GDP) - the broadest measure of the economy - had grown at a robust 7.9 per cent in the fourth quarter (January-March 2016), which enabled the government to fulfil...

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Patently a missed opportunity -Achal Prabhala and Sudhir Krishnaswamy

-The Hindu India’s first IPR policy trots out the worn western fairy tale that more IP means innovation, and encourages the pointless privatisation of indigenous knowledge India’s National Intellectual Property Rights (IPR) Policy, released in mid-May, is a bewildering document. There are two ways to read this policy. The first is as a gigantic exercise in dissimulation, with a terse declaration — India is not changing its IPR laws — tucked inside...

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Government working on agro-industrial policy -Dhaval Kulkarni

-DNA To add value to the ailing farming sector in Maharashtra, which is reeling under successive droughts, agrarian distress and a negative growth rate, the state government is working on an agro-industrial policy. "We are working on an agro-industrial policy. It will look at granting incentives to agro-industries like food processing units, which will help create value chains for farmers and set up facilities like cold storages. The policy will also grant...

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