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Revised back-series GDP data poses a problem for SBI -- how did we really perform? -Mahua Venkatesh

-ThePrint.in SBI report says bank’s performance will have to be rewritten based on the new data and this can be contentious due to questions over credibility. New Delhi: The Narendra Modi government’s revised set of back-series GDP data, which slashed the average rate of growth during the UPA regime, pose “reconciliation problems regarding micro and macro data interpretation”, a State Bank of India (SBI) report said Thursday. A careful data interpretation will be...

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Back and forth

-The Indian Express Quarrel over growth figures is nothing new. But it must not be allowed to spiral into a larger loss of economic data credibility The release of the new GDP back series data on Wednesday shows that the economy grew at an average of 6.7 per cent between 2005-06 to 2008-09 as well as between 2009-10 to 2013-14, the first four years of the UPA Government’s two terms —...

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Ahead of 2019 polls, govt slashes GDP growth rate during UPA era

-PTI NEW DELHI: The government on Wednesday lowered the country's economic growth rate during the previous Congress-led UPA regime, shaving off over 1 percentage point from the only year when India posted double-digit GDP growth post liberalisation and from each of the three years with 9-plus per cent expansion. Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office (CSO) estimated that India's GDP...

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Urban Only In Name -Sama Khan

-The Indian Express One-fourth of the urban population lives in these small towns (20,000 to 1,00,000 population). These 7 crore people need amenities to match up to their ‘urban’ status. Many of these towns may not be in the vicinity of big cities. Small towns in India are something of an oxymoron. They are far removed from cities in character and appearance and are constantly struggling to establish their “urbanness”. A...

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Understanding the Problems of India's Sanitation Workers -Nirat Bhatnagar

-TheWire.in While no one can argue that India may moving in the right direction in terms of sanitation, all is not well. Despite increasing focus by the government and programmes such as the Swachh Bharat Abhiyan, unsafe sanitation work, loosely captured under the catch-all phrase manual scavenging, still exists in India. There are five million people employed in sanitation work of some sort in India with about two million of them working...

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