-The Indian Express Raising farm productivity is the first step to increasing rural demand and reviving the manufacturing sector As per the last report of National Statistical Office (NSO) released on May 31, the Gross Value Added (GVA) at basic prices (2011-12 prices) for the fourth quarter (Q4) of 2018-19 has slumped to 5.7 per cent for the overall economy, 3.1 per cent for manufacturing, and -0.1 percent for agriculture, forestry...

-The Indian Express While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian New Delhi: In the midst of a raging controversy over India’s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country’s growth has been overestimated by around 2.5...

-Livemint.com Fewer women are working now, and those who are work long hours for low pay, Data from India’s latest official employment survey show Just nine countries around the world, including Syria and Iraq, now have a fewer proportion of working women than India, new official Data confirms. And if Bihar were a country, it would have the lowest share of working women in the world. Among urban women who do work,...

-The Telegraph The merger of two statistics bodies would bring such Data more directly under the control of the government During the last five years, there have been a number of controversies over economic Data presented by the government and by relatively autonomous bodies like the National Sample Survey Office. The controversies have been quite sharp, leading to two senior members of the National Statistical Commission resigning earlier this year. These controversies,...

-Livemint.com * Of the total estimated revenue losses, approximately $4 billion was due to export misinvoicing and approximately $9 billion due to import misinvoicing * Almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from China New Delhi: India lost a staggering $13 billion, over Rs.90,000 crore, to trade misinvoicing, equivalent to 5.5% of the value of the country's total revenue...