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NSSO Questions Quality of Key Database Now Used to Calculate GDP

-TheWire.in A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. New Delhi: A National SAMple Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India’s GDP numbers. A technical study conducted by the NSSO between June 2016 and June 2017,...

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How India's statistical system was crippled -Pramit Bhattacharya

-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...

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Data gaps in GDP calculation will be resolved: Govt

-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...

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Not right to extrapolate no. of shell companies to GDP computation: Pronab Sen -KR Srivats

-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...

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Statisticians dismiss concerns on growth numbers raised by NSSO study: Report

-MoneyControl.com A government official defended the calculations saying that since the tax collections match up with the database, it is not unusable. Prominent statisticians have dismissed fresh concerns on growth projections raised by a National SAMple Survey Office (NSSO) study. An article in The Hindu quoted statisticians as saying the discrepancies pointed out by NSSO in the new Ministry of Corporate Affairs (MCA-21) database will have no major impact on growth. The government...

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