-Newsclick.in Unemployment is estimated at 9.35% in 2019 by CMIE, far worse than the PLFS/NSSO estimate of 6.1% for 2017-18. Finally, the government has released the suppressed report on unemployment, now that elections are done and dusted with. Meanwhile, joblessness has worsened dramatically with an estimated 4.17 crore people unemployed, according to another recent report of the CMIE (Centre for Monitoring Indian Economy), based on a similar sample survey. The government had directed...
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What does the merger of National Sample Survey Office and Central Statistics Office entail? -Prashanth Perumal J
-The Hindu * Will the move undermine the NSSO’s autonomy, which has been dogged by controversies over data reporting? The story so far: On May 23, the government announced that the National Sample Survey Office (NSSO) will be merged with the Central Statistics Office to form the National Statistical Office (NSO). Many believe that this move will undermine the autonomy of the NSSO which has been at the centre of various public...
More »Horticulture output marginally up at 314.87 mt in 2018-19
-PTI New Delhi: The country’s total horticulture production is estimated to rise marginally to 314.87 million tonne in the 2018-19 crop year, according to official data. The agriculture ministry on Friday released the Second Advanced Estimate (2018-19) of area and production of various horticulture crops, as compiled from information received from different state/UTs and source agencies. “The total horticulture production of the country is estimated to be at 314.87 million tonnes which is...
More »New economic numbers set alarm bells ringing -KR Srivats
-The Hindu Business Line Q4 GDP growth is at 5.8%; joblessness is highest in 45 years Four different macroeconomic data points released on Friday — GDP growth, fiscal deficit, unemployment numbers and core sector data — brought to the fore the enormous challenges the Modi 2.0 team faces in resurrecting the faltering Economy and restoring the confidence of investors. The four macro data points — albeit for different periods — present a less-than-optimistic...
More »GDP growth slumps to 5.8% -Yuthika Bhargava
-The Hindu Slowdown in the Economy was led by sluggish growth in the agriculture, forestry and fishing sector (2.9% growth), the mining sector (1.3% growth) and manufacturing (6.9%). India’s GDP grew at 5.8% in the January-March 2019 quarter, dragging down the full year growth to a five-year low of 6.8%. The unemployment rate in the country rose to a 45-year high of 6.1% in 2017-18, as per official data released on the...
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