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Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap

There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...

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Statistics of poverty suffer from the country’s poverty of statistics -Himanshu

-Livemint.com India’s lack of official data for estimates could impair policy formulation and thus hurt the economy Two different sets of poverty estimates for India were released recently. One of the papers was authored by Surjit Bhalla, Karan Bhasin, and Arvind Virmani and the second by Sutirtha Roy and Roy Weide, both affiliated to the World Bank. Both presented estimates for roughly the same period, after 2011-12, but ended up at starkly...

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Data, interrupted: On official household spending survey

-The Hindu Reviving the official household spending survey is only a first step India’s official statistical machinery is gearing up to relaunch the All-India Household Consumer Expenditure Survey, traditionally undertaken quinquennially, from July 2022. If it fructifies, the result may be known towards the latter half of 2024, provided the Government permits the release. The last such Survey (2017-18), did not get such a sanction — its results reportedly indicated the first...

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After a hiatus, household consumer spending survey to resume in July -Vikas Dhoot

-The Hindu It helps arrive at estimates of poverty levels The All-India Household Consumer Expenditure Survey, usually conducted by the National Statistical Office (NSO) every five years, is set to resume this year after a prolonged break. India hasn’t had any official estimates on per capita household spending, used to arrive at estimates of poverty levels in different parts of the country and to review economic indicators like the Gross Domestic Product (GDP),...

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India’s great poverty debate: Season 2 -Roshan Kishore

-Hindustan Times Almost two and a half years after the 2017-18 Consumption Expenditure Survey (CES) was scrapped, the ‘great Indian poverty debate’ seems to have resurrected itself. The second season of this debate, interestingly, has started from Washington DC, not India. Poverty statistics in India have always been the subject of controversy. The country saw a big debate on the trend in poverty and the veracity of poverty estimates in the 2000s....

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