-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...
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YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)
-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
More »A Negative Vote for Aadhaar | Point of View -Jagdeep S Chhokar
-India Today The ECI plan to link voter IDs to Aadhaar risks a repeat exclusion of voters, and thus falling afoul of the SC order that forbids denial of service. The Election Commission of India (ECI) is reportedly making renewed efforts to link citizen voter IDs to Aadhaar-the UIDAI's contentious biometric ID, whose creeping overreach was halted by the Supreme Court in September this year. A previous linking effort in 2015, under...
More »BJP members stall parliamentary panel report on reliability of employment data -Sobhana K Nair
-The Hindu The draft report of the Murli Manohar Joshi-led Estimates Committee on “measuring growth, employment and income” asks the government on how it can address the critical issue of unemployment if it does not have “real time” and “holistic” data. A report by a parliamentary panel headed by BJP MP Murli Manohar Joshi, questioning the reliability of employment data collected by the government, has been stalled following protests by other BJP...
More »Why the NSSO Employment Surveys Shouldn't Have Been Done Away With -Sona Mitra
-TheWire.in The new periodic labour force surveys, while welcome, will create a situation where there would be no data system to compare the present with the past. In a recent interview, Prime Minister Narendra Modi apparently said, “more than a lack of jobs, the issue is a lack of data on jobs”. For those of us who have been using the National Sample Survey Organisation (NSSO) data on employment and unemployment for...
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