-The Indian Express On the credibility of quarterly data releases, Anant underlined “it is a careful statistical exercise” and that in many areas, “more complete information would be available in many ways by next year”. Facing criticism that GDP growth estimates by his office of 7 per cent for the third quarter ending December 2016 sharply overshot most projections — even those in the Economic Survey and by the RBI — India’s...
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Consumption mystery could be traced to piling up of inventories -Aanchal Magazine
-The Indian Express As per the Methodology, since no direct data of expenditure is used, most of the GDP data is calculated based on output data The answer to the puzzling rise in Private Final Consumption Expenditure (PFCE) in the second advance estimate of GDP for 2016-17 despite the evident cash squeeze due to demonetisation may very well lie in the Methodology used for calculating the new series of GDP. As per...
More »Kharif crops: Farm groups petition agri price panel for remunerative MSP
-The Hindu Business Line Want change in Methodology of cost computation New Delhi: A number of farmers’ groups from across the country have given a joint submission to the Commission for Agricultural Costs and Prices (CACP) seeking a remunerative minimum support price for Kharif crops. The farmers have demanded that CACP conduct a special study on how demonetisation has adversely impacted agriculture and recommend a special component in Kharif 2017-18 as compensation. A...
More »Teacher questions education status report
-The Times of India MUMBAI: Just before the release of the popular Annual Status of Education Report (ASER), a government teacher in the state has raised concerns over the Methodology employed in its preparation. ASER is a popular report on the learning levels of children across states. The report is to be revealed in New Delhi on Wednesday. Ranjitsinh Disale, a ZP school teacher from Solapur, wrote to Pratham, the NGO which...
More »Has demonetisation hit micro-finance? -MS Sriram
-The Hindu Business Line Kirana and tea shops are doing better than businesses that involve discretionary spending The Micro-finance industry (MFI) is cursed and blessed at the same time. When there were indications that the micro-finance sector is overheating, with high growth rates, multiple lending and oppressive loan recovery practices, the withdrawal of specified bank notes (SBN) hit them. There were reports of stress from Uttar Pradesh and it appeared that there...
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