-The Hindu There are substantive reasons for the questions being raised about the new GDP back series Without in any way impugning the integrity of the Central Statistics Office (CSO), most knowledgeable people are asking: if most important indicators of the Indian economy were better in 2004-2014, how is the GDP growth rate higher in estimates just released (7.4% per annum since 2014 and only 6.7% per annum in 2005-2014)? This is...
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Decoding the CSO's backcasting of national income data -KR Srivats
-The Hindu Business Line ‘GDP growth rates for 2004-11 were bound to come down’ New Delhi: “You can slice and dice the data anyway you want, but India’s GDP growth rates between 2004 and 2011 were bound to come down in the backcasting computation effort,” said TCA Anant, former Chief Statistician of India. When the new base year of 2011-12 came out, the Central Statistics Office (CSO) had documented and recognised that the...
More »A tale of two States: the differing politics of rural Madhya Pradesh and Rajasthan -Vikas Pathak
-The Hindu With farm distress becoming a major electoral issue in the run-up to the 2019 Lok Sabha election, Vikas Pathak visits two pockets of rural India, Mandsaur in Madhya Pradesh and Jodhpur district in Rajasthan, and finds that the political instincts of the rural voter are not necessarily rooted in agriculture. A few farmers sit huddled near a statue of Sardar Patel at Balaguda village in Mandsaur, Madhya Pradesh pouring out...
More »Rajasthan's Unorganised Gems and Jewellery Industry May Want to Punish BJP -Shruti Jain
-TheWire.in Several people who worked in the industry say demonetisation and the GST crippled their business. Jaipur: However much the Bhartiya Janta Party (BJP) may wish to overlook the impact of demonetisation and the Goods and Services Tax on the unorganised gems and jewellery sector in Rajasthan, the workers and households who bore the brunt of the twin economic policies are resolute in their decision to vote the BJP out of power. The...
More »A new deal for the farmer -Yashwant Sinha
-The Indian Express A Basic Income Scheme for the farmer will not tax the government’s resources. But it could stem the tide of distress in the countryside. The neglect of Indian agriculture by the NDA government, despite the tall promises in the BJP election manifesto of 2014 has been the cause of untold suffering of the Indian farmer over the last four years. This has led to large-scale farmers suicides and...
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