-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
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Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan
-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...
More »Supreme Court poser on VVPATs
-The Telegraph New Delhi: The Supreme Court on Thursday sought the response of the Election Commission on petitions filed by Congress leaders seeking the use of voter-verified paper audit trail machines in randomly selected polling stations. A bench of Justices A.K. Sikri and Ashok Bhushan posted the matter for further hearing to August 31. Congress leaders Kamal Nath and Sachin Pilot have filed separate petitions seeking the use of VVPAT machines in "at...
More »Congress uses revised GDP data to defend UPA's economic record -Anuja
-Livemint.com The UPA delivered the highest decadal growth (8.13% at factor cost) since India acquired independence and handed over an Indian economy on the upswing in 2014, says former finance minister P. Chidambaram New Delhi: The Congress on Sunday defended the record of the United Progressive Alliance (UPA) on the basis of recently published back series data on gross domestic product (GDP). At a press conference today, former finance minister P. Chidambaram...
More »CEC damper on joint polls -Pheroze L Vincent
-The Telegraph New Delhi: Chief election commissioner O.P. Rawat has told The Telegraph that it was "very difficult to fathom" whether the poll panel would be able to hold elections to the Lok Sabha and 11 Assemblies simultaneously. "It is feasible to conduct the Lok Sabha elections along with elections to five Assemblies whose terms expire around the same time. If one or two more states are added, it can be delivered....
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