-The Hindu Business Line But the economy size gets a bump-up under new base year New Delhi: It’s official now. The government-initiated recalibration of the economy for the years 2004-05 to 2011-12, based on the new base year 2011-12, paints a somewhat less cheerful picture on the GDP growth front for these years. However, the new methodology of changed base year (2011-12) with the latest data sources and improved coverage has bumped up...
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GDP growth likely to decelerate to 7.5-7.6% in Q2: Report
-PTI The Central Statistics Office (CSO) will be releasing the estimates for GDP growth for July-September on Friday. NEW DELHI: The Gross Domestic Product (GDP) growth in the September quarter is expected to decelerate to 7.5-7.6 per cent over the previous three-month period mainly due to slowdown in rural demand, a State Bank of India (SBI) research report said Monday. The GDP growth at constant prices (2011-12) was 8.2 per cent in the...
More »What has driven India's poverty reduction? -Arjun Srinivas
-Hindustan Times 55 % Indians were classified as poor by the MPI methodology in 2005-06. India halved its poverty rate in the next 10 years. In absolute terms, the number of poor fell from 630 million to 360 million during this period. New Delhi: Improved nutrition, better sanitation and increased asset ownership have halved India’s poverty rate between 2005-06 and 2015-16, according to a study by the Oxford University. In the 10-year...
More »Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
More »MGNREGA faces fund crunch, wage payment delays, & low wage rates, allege civil society activists
-Press Release by NREGA Sangharsh Morcha, dated 28 October, 2018 The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is meant to be demand-driven in the sense that work should be made available to anybody on demand for a maximum of 100 days per year per household. This implies that there cannot be arbitrary cap on the budgets. However, the programme has been made supply-driven and stifled due to -- (a) Insufficient...
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