-BusinessToday.com According to the Ministry of Corporate Affairs (MCA) there are around 9 lakh active companies are registered with the MCA after over 3.3 lakh companies were de-registered in two phases over 2017 and 2018 The National Sample Survey Office (NSSO) has found many holes in MCA-21 Data used for GDP calculation, hinting that it probably overestimates the GDP. The former Chief Statistician of India Pronab Sen, though, has a completely different...
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Not right to extrapolate no. of shell companies to GDP computation: Pronab Sen -KR Srivats
-The Hindu Business Line Such computation will underestimate GDP, says the former Chief Statistician The National Sample Survey Office’s (NSSO) recent study involving samples from the MCA-21 database has put the whole GDP computation methodology under fire, but on a wrong basis, according to former Chief Statistician of India Pronab Sen. The NSSO study had revealed that there are several more shell companies in the system than what the Centre realised. Having numerous...
More »New GDP series faces fresh questions after NSSO discovers holes -Pramit Bhattacharya
-Livemint.com * A third of the firms in MCA-21 database used to calculate GDP found dodgy * Results from the MCA-21 database survey were so disappointing that two reports based on it had to be junked NEW DELHI: A key database introduced in India’s new gross domestic product (GDP) series has now been found to be full of holes, raising fresh questions over the controversial and contested GDP numbers in Asia’s third-largest economy. A...
More »Environment Minister rejects global reports claiming 1.2 million deaths in India due to pollution
-PTI “Pollution does affect health, but to create such a panicky situation and say millions of people are dying, I do not agree with that” New Delhi: Union minister Harsh Vardhan has discredited the recent global reports claiming over one million deaths in India due to air pollution, saying such studies are only aimed at “causing panic”. The Minister of Environment, Forest and Climate Change is contesting the Lok Sabha polls from Chandni...
More »More women voted in nine States: EC data
-The Hindu Highest figure recorded in Meghalaya New Delhi: If the overall voter turnout in the four phases of the Lok Sabha elections has been higher than in 2014, there is one more reason to cheer. Women voters have outnumbered men in several States and Union Territories, according to phase-wise Data released by the Election Commission. More than 20.31 crore women voted as against a little above 21.5 crore men. The poll percentages...
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