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Did the Indian economy create nearly 13 million jobs in 2017? -Amit Basole and Anand Shrivastava

-Hindustan Times While a final conclusion on employment growth should wait for 2017-18 NSSO data, rosy estimates based on selective assumptions do not inspire much confidence . New Delhi: In a study prepared as a background report for the Prime Minister’s Economic Advisory Council, economists Surjit Bhalla and Tirthatanmoy Das have claimed that the Indian economy created around 12.8 million jobs (by principal status) in 2017. The authors also claim that net...

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Petroleum consortium says refusal to display PM's picture is inviting threat of blocked supplies -Piyush Pandey

-The Hindu Consortium representing them says refusal to display PM’s picture is inviting threat of blocked supplies Mumbai: Dealers operating petrol pumps have received a verbal advisory from state-owned oil marketing companies (OMCs) to put up pictures of Prime Minister Narendra Modi at their retail outlets, triggering a protest. Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) have asked the dealers to arrange the display ahead...

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BJP Minister Narendra Singh Tomar Won't Say How He Spent Rs 11 Cr Of His MPLADS Fund Despite CIC Order -Akshay Deshmane

-HuffingtonPost.in Prime Minister Narendra Modi claims he is running a transparent government, but his cabinet colleagues are withholding public information. NEW DELHI: Union cabinet minister and Lok Sabha member Narendra Singh Tomar of the Bharatiya Janata Party (BJP) has not disclosed how he has spent over Rs 11 cr of his discretionary fund in his Gwalior constituency, despite directions from the Central Information Commission (CIC), HuffPost India has found. This persistent denial of...

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Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans

A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...

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GDP grew in double digits twice in UPA era -Asit Ranjan Mishra

-Livemint.com The estimates of GDP and other related aggregates for the period 1993-94 to 2013-14 have been calculated by an NSC committee using a so-called production shift method New Delhi: India’s economy grew in double digits twice during the previous United Progressive Alliance government (UPA) under Prime Minister Manmohan Singh, 10.23% in 2007-08 and 10.78% in 2010-11, according to back series calculations by a committee appointed by the National Statistical Commission. However, the...

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