-The Economic Times The enigma around the GDP growth numbers has compounded, as it understated the impact of demonetisation. Eliminating the dissonance created by large revisions, nominal GDP growth in December quarter may have been impacted by 240 bp and 320 bp on a year-on-year and sequential basis, respectively. The 7 per cent real GDP growth print for Q3FY17 released by the CSO on Tuesday gives an impression that the demonetisation shock...
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GDP data: The plot thickens -Udit Misra
-Business Standard Data presents a rosy picture but fails to convince New Delhi: For anyone who understand, or at least deludes himself to believe that they understand, how the economy works, the latest data by the Central Statistical Organisation (CSO) on the quarterly gross domestic product (GDP) should come as a shock. Ever since the Prime Minister stunned the nation by announcing demonetisation on November 8 last year, economists of all hue...
More »Ramesh Chand, Niti Aayog member, interviewed by Prasanta Sahu and Sandip Das (The Financial Express)
-The Financial Express While the Central Statistical Organisation has estimated “agriculture and allied services” to grow 4.1% in FY17, Niti Aayog member Ramesh Chand expects the growth rate to be a handsome 7%. Chand spoke to FE’s Prasanta Sahu and Sandip Das on critical factors that need to be addressed to ensure at least 4% annual growth over the next 15 years. * How do you foresee the direction of the agricultural...
More »Record wheat, foodgrain output likely in 2016-17 -Sanjeeb Mukherjee
-Business Standard Agri growth could top 5% this year on the back of record output Wheat production in the ongoing crop season is expected to be at an all-time high of 96.6 million tonnes (mt) on the back of good southwest monsoon, favourable weather and record acreage, the second advanced estimate for foodgrain production showed. The previous wheat production high was in 2013-14 at 95.85 mt; that was also a normal monsoon year....
More »Retail inflation cools to 5-year low of 3.2% in January
-The Times of India NEW DELHI: Retail inflation cooled to five-year low in January on the back of sliding vegetable and food prices but the lurking price pressure may prompt the Reserve Bank of India (RBI) to maintain a wait-and-watch policy on interest rate for now. Data released by the Central Statistics Office (CSO) on Monday showed inflation, as measured by the consumer price index (CPI), rose 3.2% in January, slower than...
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