-Business Standard R Nagaraj, professor at the Indira Gandhi Institute of Development Research (IGIDR), had disputed the Central Statistics Office (CSO) methodology on non-financial private corporate sector, which is a segment in the new GDP data. His criticism was mainly on the ground that CSO altered the methodology in 2015 from what was agreed on by a sub-committee, in which Nagaraj was a non-official member, in 2014. CSO gave a rejoinder...
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1.2 crore vacant homes– This one number tells us all that is wrong with Indian real estate -Vivek Kaul
-FirstPost.com Anshuman Magazine, chairman and managing director of CBRE South Asia Pvt. Ltd., in a recent article writes that “around 1.2 crore completed houses” are “lying vacant across urban India”. This one number tells us all that is wrong with Indian real estate. Even though there is a huge housing shortage in urban India, 1.2 crore completed homes are lying vacant. As the latest Economic Survey points out: “At present urban housing...
More »If it doesn’t rain -Shweta Saini & Ashok Gulati
-The Indian Express We need a contingency plan that combines real-time technology with robust insurance and easy credit. On April 22, 2015 the Indian Met Department (IMD) released its first forecast for the upcoming monsoon rains, saying it is likely to be below normal, at 93 per cent of the long period average (LPA). Only a week before that, on April 15, a private forecaster, Skymet, had predicted normal rains (102...
More »Land reform in reverse gear in Asian countries, says report -Jitendra
-Down to Earth It claims that 6 per cent of farm owners hold two-thirds of agricultural land in the continent, putting livelihoods of millions of small farmers at risk Asia is seeing high consolidation of land and land reform is moving in the opposite direction, says a report by Spain-based non-profit GRAIN. Only 6 per cent of farm owners control two-thirds of the continent’s agricultural land. These land owners are politically connected...
More »Smoking kills — in India too -Sonalde Desai & Debasis Barik
-The Hindu A study shows that Indians are not immune to health consequences of smoking and that smokers have a higher death rate than non-smokers. Recently, a parliamentary committee declined to extend the size of health warnings on cigarette packets due to lack of independent evidence on the health impacts of smoking on the Indian population. A longitudinal study conducted by the National Council of Applied Economics (NCAER) and University of Maryland shows that in...
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