-National Herald The unemployment situation is worsening in Uttar Pradesh and it is directly proportional to education. Which means, more educated the youth is, bigger is the chance of them being unemployed Despite the Yogi-led BJP government promised the Ram Rajya in Uttar Pradesh, the unemployment situation is worsening which is directly proportional to education. Thus meaning, more educated a youth is, bigger is the chances of him not getting a job. The...
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Former CEA Arvind Subramanian says GDP growth inflated, govt disagrees -Abhishek Waghmare & Arup Roychoudhury
-Business Standard This has reignited the debate on the accuracy of India's GDP numbers in particular, and has once again highlighted the inefficiencies in the estimation of national accounts in general In a research paper that analyses data on 17 different economic indicators in the real sector, former chief economic advisor of India Arvind Subramanian has said that India’s real gross domestic product (GDP) growth “was more likely to have been between...
More »The farm-factory connect -Ashok Gulati
-The Indian Express Raising farm productivity is the first step to increasing rural demand and reviving the manufacturing sector As per the last report of National Statistical Office (NSO) released on May 31, the Gross Value Added (GVA) at basic prices (2011-12 prices) for the fourth quarter (Q4) of 2018-19 has slumped to 5.7 per cent for the overall economy, 3.1 per cent for manufacturing, and -0.1 percent for agriculture, forestry...
More »Economic data under a cloud
-The Telegraph The merger of two statistics bodies would bring such data more directly under the control of the government During the last five years, there have been a number of controversies over economic data presented by the government and by relatively autonomous bodies like the National Sample Survey Office. The controversies have been quite sharp, leading to two senior members of the National Statistical Commission resigning earlier this year. These controversies,...
More »Pronab Sen, former chief statistician of India, interviewed by Kabir Agarwal and Anuj Srivas (TheWire.in)
-TheWire.in "I think the fact that the whole [NSSO] exercise began with a fundamental premise of keeping it comparable, that has been forgotten." The fierce debate over India’s unemployment figures came to a head last week, when a jobs data report by the National Sample Survey Office (NSSO) was finally made public. This report has been a source of contention ever since two members of the National Statistical Commission (NSC) resigned allegedly...
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