-The Times of India India's gross domestic product growth rate has been overstated by about 2.5 percentage points per year post 2011, former chief economic adviser ARVind Subramanian has said in a research paper, prompting economists to doubt the size of the claimed overestimation, and the government to defend the data . Subramanian also called for revisiting the entire methodology and implementation for GDP estimation by an independent task force, comprising national...

-The Indian Express While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian New Delhi: In the midst of a raging controversy over India’s economic growth under the new GDP series, former Chief Economic Adviser ARVind Subramanian has concluded that the country’s growth has been overestimated by around 2.5...

-The Indian Express Methodological changes have led to overestimating GDP growth by 2.5 percentage points per year between 2011-12 and 2016-17. Actual growth is around 4.5 per cent. The promise of democracy is the periodic opportunity it creates for fresh beginnings. A government re-elected with such a resounding mandate should continue with the successful aspects of its economic policies. The most notable has been promoting economic inclusion via the public provision of...

-Frontline.in An RTI-based public interest petition in the Bombay High Court points out that 20 lakh EVMs that the manufacturers affirm to have delivered are “missing” from the possession of the Election Commission. Issues relating to the “vulnerability” and “unreliability” of electronic voting machines (EVMs) have come up regularly in the context of the 2019 general election. Complaints filed by opposition parties on specific instances of malfunctioning of EVMs as well as...

-PTI India must focus on growth of labour-intensive sectors to create decent jobs for the masses as well as give “serious thought” to privatising the public sector banks (PSBs), eminent economist ARVind Panagariya has said, emphasising that the reform process must be completed in the coming five years. Panagariya, who had served as the first Vice Chairman of the NITI Aayog from January 2015 to August 2017, was responding to a question...