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GDP Growth Rate: A Crown of Thorns -Subodh Varma

-Newsclick.in It is bizarre that the recent GDP numbers are being celebrated even as there are no jobs, workers wages are frozen and farmers are demanding better prices. There is much celebration in government circles and, of course, in the mainstream media, that in the first quarter of 2018-19 (April to June 2018), the GDP growth rate picked up to touch 8.2% compared with the same quarter last year (April to June...

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Jobs growth claims in India: a fact check -R Nagaraj

-Livemint.com The present government has incentivized employers to comply with the EPF law by making their contribution for three years to expand formal sector employment Surjit Bhalla and Tirtha Das’ (B-D, hereafter) background paper, titled All You Wanted To Know About Jobs In India, But Were Afraid To Ask, is now available on the Prime Minister’s Economic Advisory Council (PMEAC) website (goo.gl/Y5CLtF)—a welcome initiative. It claims: “While there are no official employment...

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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;...

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Raghav Chandra, secretary of the National Commission for Scheduled Tribes, interviewed by Kumar Sambhav Shrivastava (Scroll.in)

-Scroll.in Raghav Chandra, secretary of the National Commission for Scheduled Tribes, says displaced Adivasis should not only be compensated with money but land as well. The National Commission for Scheduled Tribes has been quite proactive in the last few months. It has prevailed upon the central government to withdraw orders that it thought “diluted” tribal rights, asked states to return “unfairly acquired tribal lands”, and reminded governors of their powers to...

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EPFO revises down payroll numbers by 12% for September-May period -Somesh Jha

-Business Standard The payroll data has been revised downwards for each of the nine months between September 2017 and May this year New Delhi: The net enrolment numbers released by the Employees’ Provident Fund Organisation (EPFO) has been revised down by 12.4 per cent for the September-May period, from an earlier estimate of 4.5 million to 3.9 million. The payroll count in June rose by 24 per cent to 793,308. The net enrolment...

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