-The Indian Express A Delhi government-commissioned employment survey has captured the severity of the job crisis plaguing the national capital. What is the highlight of the report? What does it say on female participation in the workforce? A Delhi government-commissioned employment survey, carried out between September-November 2020, has captured the severity of the job crisis plaguing the national capital, which continues to reel under the impact of the pandemic and the consequent...
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A disconnect that shows the real state of the country’s economy -Himanshu
-Livemint.com * Disaggregated data contradicts the rosy picture that national accounts paint of our performance * It’s premature to conclude that a recovery is underway, as our GDP rise in 2020-21’s third quarter was on a very low base. Also, other data sets reveal that distress remains widespread. Estimates of growth in the third quarter of 2020-21 along with advance estimates of the full year were released last month by India’s statistics ministry....
More »Recovery? Different numbers tell different stories -Jahangir Aziz
-The Indian Express With a more accurate way of measuring GDP growth, the pace of recovery is much slower in real terms Imagine driving a car whose speedometer cannot tell the current speed but only relative to what it was four hours ago. Apart from the comical encounters with police when stopped for speeding and the predicament in defining a “speed limit”, there is a more fundamental problem it would create. The...
More »The return of puzzling numbers for India’s GDP growth -Pranjul Bhandari
-Livemint.com The Centre’s plan to pay off food subsidy arrears is likely to distort our GDP readings for multiple years A puzzle of sorts has arisen—again—in India’s official gross domestic product (GDP) estimates. They don’t meet the smell test. Back in 2015, the Central statistics Office’s practice of using ‘single deflation’ instead of ‘double deflation’ during a period of falling commodity prices had distorted growth prints, as per our analysis. This time, too,...
More »27.37% prison inmates in India ‘illiterate’, over 5,600 techies, says government data
-PTI/ The Hindu Uttar Pradesh, the country’s most populous State, houses the maximum number of prisoners at 1,01,297. As many as 1,32,729 (27.37%) of the 4,78,600 prison inmates in the country are “illiterate” while 5,677 hold a technical degree or diploma, according to Union Ministry of Home Affairs (MHA) data. The prison statistics presented by Minister of State for Home Affairs G Kishan Reddy recently in Parliament were based on a compilation of...
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