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What’s falling: Poverty or quality of analysis? -Santosh Mehrotra

-Deccan Herald Dodgy data Surjit Bhalla, India’s Executive Director (IMF), Arvind Virmani, former Chief Economic Advisor under UPA, and K Bhasin, in an IMF Working Paper, state that to estimate poverty, when no survey has been undertaken, is to take the most recent survey (2011-12) data and update individual consumption (or personal) income by the corresponding Growth rate observed in the national accounts (NAS). However, there are problems with estimating poverty based on...

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Inequality worries bigger than what NFHS illustrates -Abhishek Jha

-Hindustan Times In the first of a five-part data journalism series based on National Family and Health Survey (NFHS) data, HT's data and political economy team finds that India's inequality problem is far sharper than what is made out by the data The fifth round of the National Family and Health Survey (NFHS), conducted between June 2019 and May 2021 was among the biggest in India. It was conducted in all of...

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MSME loans back on track in FY22 -G Naga Sridhar

-The Hindu Business Line Micro and small loans as on March 2022 grew by 21.5 per cent to ₹4,95,281 crore from ₹4,07,675 crore as on March 2021    The advances to Micro, Small and Medium Enterprises (MSMEs) are growing at a good pace, as banks are turning liberal in sanctioning loans. The data pertaining to the fourth quarter ended March 31, 2022 as well FY22 show increase in MSME advances compared to previous year,...

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Project report 'Public Spending on Agriculture in India: 2010-11 to 2019-20' by Foundation for Agrarian Studies

-Foundation for Agrarian Studies The project report titled “Public Spending on Agriculture in India: 2010-11 to 2019-20,” has been released in April, 2022. The report has been prepared by the Foundation for Agrarian Studies with the support of Rosa Luxembourg Stiftung, New Delhi. In 2021, the Foundation for Agrarian Studies conducted a research project to analyse the trends in public spending on agriculture in India for the most recent decade (2010-11 to...

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India poised to grow at 6.4%, still fastest-growing major economy: UN report

-PTI/ The Telegraph 'In the backdrop of Ukraine war, global inflation projected to increase to 6.7% in 2022 with sharp rises in food and energy prices' As the Ukraine conflict impacts the global GDP, India is projected to grow by 6.4 per cent in 2022, slower than the last year's 8.8 per cent but still the fastest-growing major economy, with higher inflationary pressures and uneven recovery of the labour market curbing private...

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