-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...
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'Firms missing from database will not affect GDP calculation' -TCA Sharad Raghavan
-The Hindu Shell companies in MCA-21 submitting balance sheets regularly very much part of measurement, says former chief statistician The deficiencies found in the MCA-21 database of the corporate sector, where more than a third of the SAMple companies were either untraceable, out of coverage, or closed, will not have a major impact on the calculation of GDP and GVA, according to prominent statisticians closely associated with the subject. A recent report by...
More »New GDP series faces fresh questions after NSSO discovers holes -Pramit Bhattacharya
-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...
More »Points of law in the PepsiCo-potato case -Biswajit Dhar
-The Hindu Business Line India’s Protection of Plant Varieties Act spells out rights of farmers vis-a-vis breeders, which resulted in a pushback for PepsiCo The Protection of Plant Varieties and Farmers’ Rights Act (PPVFRA), which introduced intellectual property protection in Indian agriculture, faced its biggest test in its implementation phase of nearly a decade and a half, when PepsiCo India initiated legal proceedings against four farmers in Gujarat for “illegally” growing...
More »Update of NRC in AsSAM: As hearings on 'objections' begin, allegations of fabrication surface -Abhishek Saha
-The Indian Express Of the 40 lakh-odd people excluded from the final NRC draft, around 36 lakh have filed ‘claims’, while ‘objections’ have been received against a little over 2 lakh people among the 2.89 crore included in the final draft. Guwahati: Rakibul Hassan Khan (35) and his mother Hasina Khatun (65) went to a National Register of Citizens (NRC) hearing centre in Senga area of Barpeta district on Monday in...
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