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India's jobless growth is not a myth -Mahesh Vyas

-Livemint.com If we do not recognize the problem on hand, we will not have any reason to try and find solutions India’s jobless growth is a myth, stated R. Gopalan and M.C. Singhi in an opinion piece in Mint on 19 December. They used data published by the Labour Bureau from their employment-unemployment surveys between 2009-10 and 2015-16. These were the first and last surveys conducted by the Labour Bureau on the...

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A statistical boost to growth in Indian economy -Manas Chakravarty

-Livemint.com While CSO’s GDP growth estimates will be a disappointment, it will very likely be explained away soon as the market tries to find new and innovative reasons to extend the rally For a few quarters, take all year-on-year (y-o-y) growth figures about the Indian economy with a pinch of salt. That’s because they will now be boosted due to the favourable effect of a low base. Since demonetisation and the introduction...

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Agriculture ministry differs with CSO over estimated growth of farm sector

  The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9...

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Dismay over IAS salary data void

-PTI New Delhi: A parliamentary panel headed by sidelined BJP veteran Murli Manohar Joshi has expressed its "strong displeasure" at the government for not providing details of the expenditure incurred on the salaries and allowances of IAS, IPS and other officers. The committee on estimates suggested in a recent report an effective mechanism to assess the contribution of officers from the all-India services to national growth with relation to their emoluments. "The committee...

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By mostly jailing Dalits, Muslims & tribals, India is making the same mistakes as the US -Devesh Kapur

-ThePrint.in While the US exemplifies the effect of discriminatory enforcement in an unequal society, a weak state and low conviction rates in India are complicit in the failure to stem the violence against marginalised groups. It is virtually an axiom in development circles to say that the rule of law is necessary for a country’s economic development and advancing accountability and justice. Proponents of the former emphasise the importance of rule of...

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