-Hindustan Times The NSSO report, findings of which were first published in Mint on Wednesday, found that 36% of the companies in the MCA-21 database maintained by the ministry of corporate affairs (MCA) could not be traced or were wrongly classified. New Delhi: The ministry of statistics and programme implementation (MoSPI) has downplayed the controversy around India’s gross domestic product (GDP) data after a National Sample Survey Office (NSSO) report raised serious...

-Livemint.com The inside?story?of?the?decline?of a?globally renowned statistical system and its effect on Asia’s third largest economy New Delhi: Toothless. Powerless. Impotent. These are the adjectives used to describe India’s apex statistical organization, the National Statistical Commission (NSC). And these haven’t been hurled by its detractors but by three former members of the NSC who have been part of the commission at different points in time. The NSC shot to prominence in December last year after...

-The Hindu Business Line Such computation will underestimate GDP, says the former Chief Statistician The National Sample Survey Office’s (NSSO) recent study involving samples from the MCA-21 database has put the whole GDP computation methodology under fire, but on a wrong basis, according to former Chief Statistician of India Pronab Sen. The NSSO study had revealed that there are several more shell companies in the system than what the Centre realised. Having numerous...

-PTI New Delhi: The statistics ministry Wednesday said an official committee will examine the NSS technical report on services sector enterprises, which has raised questions over the GDP data. The technical report of the National Sample Survey Office (NSSO) has generated controversy following its observation that as much as 36 per cent units forming part of MCA-21 database, used in computing GDP, could not be either identifiable or traceable in the field. The...

-Livemint.com * A third of the firms in MCA-21 database used to calculate GDP found dodgy * Results from the MCA-21 database survey were so disappointing that two reports based on it had to be junked NEW DELHI: A key database introduced in India’s new gross domestic product (GDP) series has now been found to be full of holes, raising fresh questions over the controversial and contested GDP numbers in Asia’s third-largest economy. A...