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Measuring Economic Development: Data points undergo changes in 4 yrs -Aanchal Magazine

-The Indian Express GDP growth rates for pre-2011-12 years, making it impossible to compare the new growth data with the growth during the UPA years. New Delhi: From a new gross domestic product (GDP) series to a revised Index of Industrial Production and inflation indices, alongside fresh interventions including payroll reporting based on EPFO data, statistical measurement tools to gauge economic development underwent some change over the past four years. In the...

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Why the Modi govt's move to ditch quarterly jobs surveys to make way for EPFO-based employment data is a mistake India -Dinesh Unnikrishnan

-Firstpost.com The labour ministry has put the Quarterly Employment Survey (QES) on the back burner as it wants to transition to computing payroll data based on Employees’ Provident Fund Organisation (EPFO) subscriptions, based on data from the Employees State Insurance Corporation (ESIC) and the Pension Fund Regulatory and Development Authority (PFRDA), according to this report in The Economic Times. Of course, the EPFO-based jobs data gives one a better picture about the...

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Tiruppur shows how it's done: on controlling industrial pollution -T Ramakrishnan

-The Hindu The court-ordered clean-up in the textile town has managed to mitigate ill-effects of industrial pollution to a large extent. A similar remediation effort, involving the government and stakeholders, is needed in other parts of Tamil Nadu, where groundwater has been so contaminated that farming is not possible anymore On a sunny June morning, two men are spotted fishing close to the Orathupalayam dam in Erode district. A rather ordinary act in...

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World Bank nod for Rs. 6,000 cr. groundwater recharge plan

-The Hindu To address concerns about depleting groundwater reserves in India, the government has joined hands with the World Bank to execute a ?6,000-crore scheme called the Atal Bhujal Yojana (ABHY). The scheme is to be implemented over a period of five years from 2018-19 to 2022-23, according to a statement from the Union water Ministry. It is yet to be cleared by the Cabinet. The Atal Bhujal Yojana “aims to improve ground...

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What revival? Close to 50,000 MSMEs shut shop in Tamil Nadu in past year -Sangeetha Kandavel

-The Hindu Number of workers employed too falls by more than 5 lakh Chennai: Contrary to claims that the industrial climate in Tamil Nadu has improved, close to 50,000 micro, small and medium enterprises (MSMEs) have been wound up in the State in just one year on account of a host of factors. A government policy note tabled by the MSME Department in the Assembly on Thursday revealed that the total number of...

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