-Newsclick.in The Periodic Labour Force Survey Report 2017-18 clearly shows that there is a sudden jump in the unemployment rates across-the-board in 2017-18, compared to all preceding rounds of the NSSO. The report of the Periodic Labour Force Survey (PLFS) conducted in 2017-18 is finally out, and it confirms what had been leaked earlier, namely a dramatic increase in the unemployment rate in the Indian economy. The unemployment rate is given under...
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Insects are disappearing in India, and we don't even have data -Geetha Iyer
-Mongabay.com * According to scientists, 40 percent of insect species are likely to become extinct globally in the coming years. Indian entomologists agree that India is already witnessing a slump in insect numbers. * Pollination, biological control, food provisioning, recycling organic matter, producing honey, silk, lac, medicines and food are just some of the reasons why we need insects. * Scientists rue the lack of adequate information and documentation on insects in India....
More »Upward GDP revisions for note ban, GST years surprising, says ex-CEA -Asit Ranjan Mishra
-Livemint.com * GDP estimates are based on accepted methodologies, says government * Subramanian made the claims in his latest working paper published on the Harvard University website New Delhi: India’s statistics ministry likely underestimated the impact of demonetization and the rollout of the goods and services tax (GST) on economic activity, leading to an overestimation of gross domestic product (GDP) figures, the finance ministry’s former chief economic adviser, Arvind Subramanian, has said. On 31...
More »Arvind Subramanian's GDP bombshell: Prominent economists divided over maths
-The Financial Express After former Chief Economic Advisor Arvind Subramanian’s research paper re-started debate on GDP data, comments from other prominent economists have also started to pour in on the issue. After former Chief Economic Advisor Arvind Subramanian’s research paper re-started debate on GDP data, comments from other prominent economists have also started to pour in on the issue. While some support the analysis and call for an independent committee to...
More »Former CEA Arvind Subramanian says GDP growth inflated, govt disagrees -Abhishek Waghmare & Arup Roychoudhury
-Business Standard This has reignited the debate on the accuracy of India's GDP numbers in particular, and has once again highlighted the inefficiencies in the estimation of national accounts in general In a research paper that analyses data on 17 different economic indicators in the real sector, former chief economic advisor of India Arvind Subramanian has said that India’s real gross domestic product (GDP) growth “was more likely to have been between...
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