-Livemint.com * NSO says the change in criteria from monthly per capita expenditure to education levels has direct implications on the comparability of the results * Official data suggests unemployment rate rose to 45-year high of 6.1% in FY18 A day after the Narendra Modi government took oath of office for its second term, the National Statistical Office (NSO) on Friday formally released the leaked annual Periodic Labour Force Survey (PLFS), which showed...
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On Day 1 of new govt, Cabinet extends PM Kisan to all farmers
-The Hindu Business Line 14.5 crore farmers will get Rs.6,000 annually in three equal instalments The Union Cabinet, which held its FIRst meeting on Friday, decided to extend the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) to all farmers in the country irrespective of their landholdings. The Rs.75,000-crore PM Kisan scheme, FIRst announced in the Interim Budget on February 1, was meant only for small and marginal farmers. According to the scheme, poor...
More »GDP growth slumps to 5.8% -Yuthika Bhargava
-The Hindu Slowdown in the economy was led by sluggish growth in the agriculture, forestry and fishing sector (2.9% growth), the mining sector (1.3% growth) and manufacturing (6.9%). India’s GDP grew at 5.8% in the January-March 2019 quarter, dragging down the full year growth to a five-year low of 6.8%. The unemployment rate in the country rose to a 45-year high of 6.1% in 2017-18, as per official data released on the...
More »Farm relief, new MSP regime on govt's to-do list
-Hindustan Times The Narendra Modi government’s new agenda for the crisis-ridden farm sector is being geared towards achieving the single goal of doubling agricultural incomes — a legacy of its FIRst term in office. Prime Minister Modi had ambitiously promised a 100% jump in farmers’ incomes between 2017 and 2022, but farmers have been hobbled by unprofitable sales and even negative returns on some crops, as farm produce continue to sell below...
More »Why is the government merging India's statistics bodies? -Dhirendra Tripathi
-Livemint.com * NSSO and CSO are to be merged into what will be known as NSO * The order puts the merged entity under Mospi secretary The ministry of statistics and programme implementation (MoSPI) passed an order on 23 May to merge the Central Statistics Office (CSO) and National Sample Survey Office (NSSO) into the National Statistical Office (NSO). Mint analyses what led to the decision. * When was a revamp of the statistical...
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