-Livemint.com * GDP estimates are based on accepted methodologies, says government * Subramanian made the claims in his latest working paper published on the Harvard University website New Delhi: India’s statistics ministry likely underestimated the impact of demonetization and the rollout of the goods and services tax (GST) on economic activity, leading to an overestimation of gross domestic product (GDP) figures, the finance ministry’s former chief economic adviser, Arvind Subramanian, has said. On 31...
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7 to 4.5%: Ex-CEA cuts GDP estimate between 2011-12 and 2016-17
-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...
More »Is 'Right to Work' More Important Than 'Minimum Income Guarantee'? -Dunu Roy
-TheWire.in Various remedies are being suggested to tackle the growing rate of unemployment, but are they in tandem with the needs of the workers? Two issues were concealed under the din of elections. The first is the depth of the agrarian crisis with rising costs, falling prices and diminishing livelihoods. The second is the declining rate of employment in urban India, even within the informal sector, and the tumult among the youth...
More »Delhi's Anganwadi Centres Need a Complete Overhaul and Renewed Funding -Abinash Dash Choudhury and Sweta Dash
-TheWire.in With one of the highest undernutrition rates of children in urban areas, Delhi needs to tackle the issue of severely stunted children in the city who don't have access to proper infrastructure and facilities at local anganwadi centres. New Delhi: It is an early summer morning in North Delhi’s Kabir Basti. A dingy and crowded lane of the settlement, with puddles from water leakages in broken pipes, opens up to a...
More »Cash transfers are fine, but low prices are the problem: Farmers -Jayanta Roy Chowdhury
-The New Indian Express As low prices continue to plague millions of farms all over the country, farmers and their leaders say cash transfers are fine, but main issue is agricultural prices which make farming unremunerative. NEW DELHI: Ishwar Singh is a worried man. The furrows in his brow below his once white turban have deepened. He planted onions in his two-acre farm near Sonepat this winter and got what he believed...
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