-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 "Domestic demand has slowed more sharply than expected amid stress in the non-bank financial sector and a decline in credit growth," India-born IMF Chief Economist Gita Gopinath said. Citing a sharp economic slowdown in India and other emerging markets, the International Monetary Fund (IMF) on Monday lowered growth estimate for the world Economy.to 2.9 per cent for 2019. Besides, the International Monetary Fund also trimmed India’s growth estimate...

-United Nations News Around half a billion people work fewer paid hours than they would like, or are not getting enough access to paid work, shows a study published by the International Labour Organization (ILO) on Monday, which also forecasts that unemployment will rise by about 2.5 million this year. After nine years of relatively stable global unemployment, the World Employment and Social Outlook: Trends 2020 puts the rising jobless numbers down...

-The Indian Express All such investments will go a long way to augment farmers’ incomes in a sustainable manner. Else, I am afraid, much of the talk in the Union budget for agri-reforms will remain mere rhetoric. Although the Union budget is basically an accounting exercise of revenues and expenditures for the coming year, Economy.watchers anxiously wait for the finance minister to announce major economic reforms. In that sense, the budget of...

-Livemint.com The government’s inordinately large food stockpiles have resulted in an artificial market scarcity On 7 January, the ministry of statistics released India’s advance estimates of national income for 2019-20, pegging the Economy.rsquo;s growth rate this financial year at 5%. Based on data available for the first two quarters, this seems an overestimate. Most indicators suggest that actual growth may be lower than 5%. This is bad news, especially since there is...