-The Times of India NEW DELHI: Delhi Chief minister ARVind Kejriwal announced on Thursday that residents of 1,797 unauthorised colonies of Delhi will soon get ownership rights to their properties. The bonanza comes a few months before assembly elections in Delhi and two days after the Union housing and urban affairs ministry circulated a Cabinet proposal for formulating a framework for the exercise. The cut-off date for regularisation of these colonies is...
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India may have to revise downwards 'potential' growth rate from 7-8%: ex-CEA -TCA Sharad Raghavan
-The Hindu ‘Today’s 4.5% is impressive as size of the economy now is five times of 1980 levels’ New Delhi: India may have to revise downwards what is considered its “potential” rate of growth from 7-8% to bring expectations more in line with reality, former Chief Economic Adviser (CEA) ARVind Subramanian has argued in a paper. This paper comes as a follow-up to the one Mr. Subramanian published last month, in which he...
More »AAP report card: Water pipelines in Delhi slums still a dream
-IANS NEW DELHI: The Aam Aadmi Party (AAP), which stormed into Delhi politics on the plank of providing piped water to all, has not and may not be able to provide piped water connection to over 650 JJ clusters and 100 unauthorised colonies in the city anytime soon, as the tenure of the ARVind Kejriwal government will end in February 2020. According to government data, of the total 675 JJ (jhuggi jhopri)...
More »Getting the GDP numbers right -S Mahendra Dev
-The Indian Express Estimates are not perfect, but the process is revised and fine-tuned. Former Chief Economic Adviser ARVind Subramanian’s recent paper claims that the Indian GDP growth may have been overestimated by 2.5 per cent per annum between the period 2011-12 and 2016-17. A note by Prime Minister’s Economic Advisory Council (PMEAC) rejects the methodology, arguments and conclusions of Subramanian’s paper. A study done at our institute by Ashima Goyal...
More »India GDP overestimation: more evidence -Nikita Kwatra
-Livemint.com India’s actual growth rate over the past few years may have been in the range of 5-5.5% over the past few years, according to a new study Last month, a research paper by the former chief economic adviser to the finance ministry, ARVind Subramanian, reignited the controversy surrounding India’s GDP calculations. In his paper, Subramanian suggested that India’s growth rate in recent years had been grossly overestimated --- a claim that...
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