In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment RATe’ -- flip side of unemployment RATe -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
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No Muzaffarpur medical centre has a RATing better than zero -Rema Nagarajan
-The Times of India While the state and Union governments are now scrambling to deal with the outbreak of acute encephalitis syndrome (AES) disease in Bihar's Muzaffarpur, official data shows the shocking state of the public health infrastructure in the district. The health ministry's health management information system (HMIS) shows that all of the 103 primary health centres (PHC) and the only community health centre in the district were not considered...
More »India to overtake China as most populous country in next 8 years: UN
-Hindustan Times The global population could reach its peak around the end of the current century, with an estimated population of 11 bn, according to the UN report. New Delhi: The world’s population will increase to 9.7 billion by 2050, going up by 2 bn from the earlier 7.7 bn, shows a new United Nations report launched on Monday. The global population could reach its peak around the end of the current...
More »PM's panel rejects former CEA's paper on GDP growth
-The Hindu ‘Lacks vigour, won’t stand up to scrutiny’ The Prime Minister’s Economic Advisory Council (PMEAC) has released a detailed note enumeRATing its objections to former Chief Economic Adviser Arvind Subramanian’s paper on India’s GDP growth. The note said that Mr. Subramanian’s paper “lacks rigour” and would not stand up to academic scrutiny. Lower GDP The paper, released in Harvard University, postulated that the GDP growth between 2011-17 was significantly lower than the 7%...
More »GDP numbers: EAC-PM rejects ex-CEA's claims, releases point-to-point rebuttal
-The Times of India NEW DELHI: The Economic Advisory Council to the Prime Minister (EAC-PM) on Wednesday rejected the claims of former CEA Arvind Subramanian regarding over-estimation of GDP numbers and said that India's current methodology is at par with its global standing as a responsible, transparent and well-managed economy. The EAC-PM released a detailed note titled 'GDP estimation in India - Perspectives and Facts' and as it earlier stated, the note...
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