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The architecture is not the force -Pulapre Balakrishnan

-The Hindu How a business friendly government has failed to arrest the slide in private investment It may appear that the recent hullabaloo over GDP (gross domestic product) Growth in the past decade has cast a shadow over assessment of the economy’s progress since 2014, but it is not so. There exists enough information for this as GDP is not the sole indicator on which one needs to rely in such an...

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Stunted, wasted: on Global Nutrition Report 2018

-The Hindu The national framework to improve nutrition for children must be upgraded on priority The health, longevity and well-being of Indians has improved since Independence, and the high levels of economic Growth over the past two-and-half-decades have made more funds available to spend on the social sector. Yet, the reality is that a third of the world’s stunted children under five — an estimated 46.6 million who have low height for...

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MUDRA loans: Big States get a major share; smaller ones left high and dry -Radheshyam Jadhav

-The Hindu Business Line TN entrepreneurs account for 10% of loans disbursed Pune: The Growth of entrepreneurship in the non–corporate small business sector (NCSB) in smaller States has not received any major boost under the Central government’s ambitious MUDRA loan scheme. Data show that States that already have higher Credit–Deposit (C-D) ratios — a yardstick that indicates better access to institutional credit — are the ones reaping the benefit of the scheme. While six...

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Is the new GDP series a travesty of statistics? -Himanshu

-Livemint.com India’s statistical system suffered credibility shocks when the GDP series was released Last week, the NITI Aayog released the back series of gross domestic product (GDP) data on base 2011-12 for the years 2004-05 to 2011-12. The series was eagerly awaited by researchers as well as policymakers ever since the base was revised in January 2015. This release follows an unofficial release of the report of the committee on real...

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India's GDP Debate: What Explains Reduced Growth Rates Under the UPA? -R Nagaraj

-TheWire.in How correct was it for the Central Statistics Office to have selectively used contested methods for preparing the back series data? The spotlight is back on India’s Growth rates, three years after the gross domestic product (GDP) data using the 2011-12 base year was released. Before trying to delve into the controversy surrounding the back-series data – which saw GDP Growth from 2006-2012 reduce significantly – it is important to understand how...

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