For long, economists have argued among themselves whether income should be the only criterion for measuring poverty. After all, in real life a person can face multiple deprivations, say, in terms of access to education, health and living standards, among others. The multidimensional poverty index (MPI), which offers a valuable complement to traditional income-based poverty measures, was first introduced in the 2010 Human Development Report (HDR). The MPI looks at...
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No, we can't compare Global Hunger Index rankings between two reports
Like last year, this year too journalists and media persons have compared India's Global Hunger Index (GHI) ranking vis-à-vis its position in previous years. Even the social media is buzzing with commentaries on the fallen GHI ranking of the country. The question remains whether such a comparison is possible. The newly released report entitled 2018 Global Hunger Index: Forced Migration and Hunger clearly says that the GHI scores are comparable within...
More »Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan
-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...
More »Why the NSSO Employment Surveys Shouldn't Have Been Done Away With -Sona Mitra
-TheWire.in The new periodic labour force surveys, while welcome, will create a situation where there would be no data system to compare the present with the past. In a recent interview, Prime Minister Narendra Modi apparently said, “more than a lack of jobs, the issue is a lack of data on jobs”. For those of us who have been using the National Sample Survey Organisation (NSSO) data on employment and unemployment for...
More »NR Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy (NIPFP) and author of the series presented in a report to the National Statistical Commission, interviewed by Abhishek Waghmare (Business Standard)
-Business Standard "Under the new GDP series, there has been reallocation of a few items from one sector to another, from services to manufacturing sectors" The back series data of GDP released recently by a panel of experts has evoked sharp reactions among political circles and experts. N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report...
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