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Does India's New Series GDP Data Overestimate Manufacturing Output?

-TheWire.in The new series GDP data has been mostly replaced with corporate financial data for estimating manufacturing value-added, resulting in manufacturing assuming a higher share in India’s GDP and growing at a faster rate compared to the older series. New Delhi: Does the new method by which India calculates GDP (gross domestic product) data overestimate manufacturing output? This apprehension has been flagged by a key member of the Reserve Bank of India’s...

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Why Mirchpurs happen in a 'civil' society -Jagmati Sangwan

-TheTribune.com The violence is symptomatic of a deep-rooted malady. To cure it, one needs to understand its roots, dynamics and interlinkages in the present context * A Dalit athlete is thrashed and his leg fractured. His fault? He has defeated athletes from the upper caste. * A young girl and a police officer, deputed to protect her, are murdered in broad daylight. Why? Because she married a Dalit. * Many lives are lost...

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Agri infrastructure for farmers' welfare is a priority -Radha Mohan Singh

-The Hindu Business Line The Narendra Modi government is committed to the welfare of farmers. As a result of this there has been a qualitative improvement in their lives. Taking a step in this direction, the government has transformed the targets meant for the implementation of farmers’ welfare schemes in a mission mode and time-bound manner. The government has been successful in bringing about awareness amongst farmers through new initiatives taken for...

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The limits of MSP -Ashok Gulati & Tirtha Chatterjee

-The Indian Express Instead of fiddling with procurement prices, government must devise an income policy for farmers. Speaking at the 37th foundation day celebrations of the NABARD, Arun Jaitley gave food for thought to the audience when he said, “If there is any area in the economy where we can give an example to the world and to ourselves of cooperative federalism, it is the agriculture sector. It can benefit people more...

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Finance ministry's own division shares EC's concerns on electoral bonds & transparency -Sanya Dhingra

-ThePrint.in The Financial Sector Reforms and Legislation Division has agreed with the EC’s view, which is that the new laws are ‘retrograde’ and need to be withdrawn. New Delhi: The Election Commission’s concerns over the transparency of electoral bonds, introduced via the Finance Act, 2017, have been supported by the Financial Sector Reforms and Legislation Division of the finance ministry. According to an RTI filed by activist Commodore Lokesh Batra (retd), an official...

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