-The Hindu The present national accounting and analytical framework misses out on many key dimensions of a complex economy The new series of Gross Domestic Product (GDP) figures with 2011-12 as base, released in 2015, has not gone well with analysts; the withholding of employment-unemployment data for some time and consumer expenditure data, which is not released, added to this unease. Bringing the National Sample Survey Office (NSSO) under the fold of...

-The Indian Express In his blog, S C Garg, former Economic Affairs secretary, has claimed that the actual fiscal deficit for the last financial year and the current one is more than a full percentage point higher than the official data. On the face of it, India’s fiscal deficit, which essentially maps how much money the Indian government has to borrow to make up the gap between its expenditure and its revenues,...

-The Hindu Business Line ‘Results of previous survey soon, but they will be used only for academic purpose’ Amidst all the controversies on the previous Household Consumer Expenditure Survey, the Statistics Ministry intends to start new survey from July. Also, the Ministry has made it clear that the results of the previous survey will be made public after some time but only for academic purpose. “The software vendor for the survey has been...

-Business Standard Scholars across the world had appealed for the survey reports, including one on household consumer expenditure. The Union government on Saturday released five sets of survey reports on key socio-economic trends, most of which were approved but withheld. The junked consumer expenditure survey was not among these. The Ministry of Statistics and Programme Implementation (MoSPI) released the survey reports, ‘Household Social Consumption in India: Health’ and ‘Household Social Consumption in India:...

-The Telegraph Refusal to face up to economic problems will tarnish India’s reputation as an economy and a democracy The Narendra Modi-led government has done it again. The Centre has scrapped the all-India survey on household consumption expenditure conducted by the then National Sample Survey Office. A few months ago, the government had refused to make public the official survey conducted on employment in India. There was considerable pressure exerted by economists...