-Business Standard The dilemma regarding reliability is usually the greatest around the release of advance estimates Analysts at the Reserve Bank of India (RBI) have questioned the numerous revisions in gross domestic product (GDP) data by the statistics office. RBI has said this confuses analysts about the Economy. It suggested the Central Statistics Office (CSO) incorporate data on high frequency economic indicators such as commercial vehicles and international air passenger traffic. It should...

-The Hindu Business Line Because they are wealthier and have a lower population than northern States New Delhi: The southern States are less dependent on transfers from the Centre than many of their northern peers, but a cut in transfers could leave their fiscal situation precariously poised and upset some of their expenditure plans. That is exactly what they fear will happen when the 15th Finance Commission uses the 2011 population data —...

-PTI The Finance Ministers conclave would push for the 2011 population weightage to remain at 10% Amaravati: Finance ministers of six states, including host Andhra Pradesh, will meet on Monday to discuss the terms of reference of the 15th Finance Commission and its fallout for states. Chief Minister N Chandrababu Naidu will inaugurate the day-long conclave at the Secretariat at 10 am, state Finance Minister Yanamala Ramakrishnudu said in a statement on Sunday. Andhra...

-The Economic Times The World Bank will provide a USD 200 million loan to help the government achieve its goal of reducing stunting in children 0-6 years of age. NEW DELHI: The World Bank will provide a USD 200 million loan to help the government achieve its goal of reducing stunting in children 0-6 years of age from 38.4 per cent to 25 per cent by the year 2022, a finance ministry...

-The Hindu India must debate solutions to the employment problem, as a true democracy should and would In January this year, the Prime Minister made this statement: “7 million new jobs created in 2017”. The statement draws on false conclusions of a study by two economists. Here is another: “10-12 million young people join the workforce every year and 7 million new and formal jobs were created in 2017,” said the Minister of...