-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...
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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 »Squandering the gender dividend -Sonalde Desai
-The Hindu It is a national tragedy that women unable to find work are dropping out of the labour force If labour force survey Data are to be believed, rural India is in the midst of a gender revolution in which nearly half the women who were in the workforce in 2004-5 had dropped out in 2017-18. The 61st round of the National Sample Survey Office (NSSO) recorded 48.5% rural women above...
More »Role of social media as influencer of voting choices overhyped: CSDS study
-The Hindu BJP’s vote share lead over Congress among users fell in comparison to 2014 The role of social media as a key influencer of voting choices in the 2019 Lok Sabha elections may have been exaggerated, according to a Lokniti-CSDS survey. It found that the BJP’s vote share lead over the Congress among social media users was actually lower than in 2014. Survey Data did establish a relationship between the social media...
More »Real GDP growth 2.5% lower than official: Ex-CEA Subramanian
-The Times of India India's gross domestic product growth rate has been overstated by about 2.5 percentage points per year post 2011, former chief economic adviser Arvind Subramanian has said in a research paper, prompting economists to doubt the size of the claimed overestimation, and the government to defend the Data . Subramanian also called for revisiting the entire methodology and implementation for GDP estimation by an independent task force, comprising national...
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