-TheWire.in A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. New Delhi: A National Sample Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India’s GDP numbers. A technical study conducted by the NSSO between June 2016 and June 2017,...
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'Firms missing from database will not affect GDP calculation' -TCA Sharad Raghavan
-The Hindu Shell companies in MCA-21 submitting balance sheets regularly very much part of measurement, says former chief statistician The deficiencies found in the MCA-21 database of the corporate sector, where more than a third of the sample companies were either untraceable, out of coverage, or closed, will not have a major impact on the calculation of GDP and GVA, according to prominent statisticians closely associated with the subject. A recent report by...
More »Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
More »Will India become a big importer of food? -Ashok Gulati
-The Hindu Business Line It could, if agri policies fail to incentivise farmers more. The demand for food is expected to spike in the coming years India is, today, a country of about 1.35 billion people. United Nations’ population projections of 2017 say that India is likely to surpass China’s population by 2024 and reach 1.5 billion by 2030, making it the most populous nation on the planet. About two-thirds of Indians are...
More »Sustaining India: Is There Anything to Choose Between BJP and Congress? -Ashish Kothari
-TheWire.in A look at how the country’s political heavyweights deal with environmental issues and livelihoods in their poll manifestos Twin crises beset India today: serious unemployment and the loss of livelihoods, along with the collapse of the ecological basis on which we all survive. Any political party that does not deal with these is not serious about the country’s future. So how well do the country’s political heavyweights, the Congress and the BJP,...
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