-TheWire.in The new back-series GDP data, released four months before the 2019 general elections, fails several common sense tests. India’s back-series GDP (gross domestic product) data, released by the NITI Aayog just four months before the 2019 general elections, turn the basic laws of macroeconomics on their head. Here’s one that is most intriguing. The data show lower GDP growth during the UPA years, which is when the gross investment to GDP...
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Ahead of 2019 polls, govt slashes GDP growth rate during UPA era
-PTI NEW DELHI: The government on Wednesday lowered the country's economic growth rate during the previous Congress-led UPA regime, shaving off over 1 percentage point from the only year when India posted double-digit GDP growth post liberalisation and from each of the three years with 9-plus per cent expansion. Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office (CSO) estimated that India's GDP...
More »Back series data trim GDP growth rates for FY05-12 -KR Srivats
-The Hindu Business Line But the economy size gets a bump-up under new base year New Delhi: It’s official now. The government-initiated recalibration of the economy for the years 2004-05 to 2011-12, based on the new base year 2011-12, paints a somewhat less cheerful picture on the GDP growth front for these years. However, the new methodology of changed base year (2011-12) with the latest data sources and improved coverage has bumped up...
More »Goa sees sharpest dip in farm sizes, Sikkim follows -Kiran Pandey
-Down to Earth The latest provisional Agriculture Census shows that the average size of farmlands in Goa decreased by 30 per cent in five years India witnessed a jump in the number of operational farmlands between 2010-11 and 2015-16, but the same period also saw the average size of these land holdings and the area they cover take a dip, shows the provisional Agriculture Census released by the Ministry of Agriculture and...
More »Camel milk is gaining popularity. Could it be an alternative for dairy market? - Smitha Verma
-Financial Express From camelccino to camel milk chocolate, there’s no dearth of delicacies on offer. Camel milk is in the news. And hailing its virtue is none other than Prime Minister Narendra Modi. Addressing a gathering of farmers in Anand, Gujarat, in October, Modi narrated how he was ridiculed for describing camel milk as nutritious once. It was during his stint as chief minister of Gujarat that he had tried promoting camel...
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