-The Indian Express To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day. That India is in the midst of a serious economic slowdown is no longer in question. The debates are now mostly about what to do about it: Whether to opt for a fiscal expansion to boost demand or to...
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Redesigning India's ailing data system -RB Barman
-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...
More »Bias exists in survey responses, but also in government's own telling - PC Mohanan
-The Indian Express The immediate cause for suspecting the genuineness of survey responses is the divergence in the estimates of households with access to toilets. Differences between survey estimates and comparable data from administrative sources are not surprising. The survey data are believed to present a more realistic view, especially when it relates to access to public goods and services. Generally, the distrust is more on administrative data from implementing agencies. While...
More »MoSPI constitutes Standing Committee on Economic Statistics headed by Pronab Sen
-PTI The first meeting of the SCES is scheduled on January 6, 2020 The statistics ministry has constituted a 28 member Standing Committee on Statistics (SCES) chaired by former Chief Statistician Pronab Sen to improve quality of data amid criticism of the government over political interference. “The first meeting of the SCES is scheduled on January 6, 2020. The agenda would be very broad based. We will come to know about that only...
More »Data: How disabilities make life difficult for the affected -Vignesh Radhakrishnan
-The Hindu A large share of disabled persons not only lose their jobs but have to spend more towards their livelihood A large number of disabled Indians are not literate and also not a part of the labour force. A high proportion of them lost their jobs after the onset of disability, even as their expenses increased. The conclusions are based on the 76th national sample survey 2018. Low literacy levels An overwhelming share...
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