-The Indian Express Growing divergence between consumption expenditure estimates from NSO surveys and GDP data is too big to be pushed under the carpet Recently, we had expressed concerns that with the GDP growth rate falling in the post 2011-12 period, the decline in the poverty ratio would be slow. During 2011-12 to 2018-19, both GDP and agriculture growth were lower than in the earlier period. The terms of trade were not...
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New household consumer expenditure survey to begin in July -Shishir Sinha
-The Hindu Business Line ‘Results of previous survey soon, but they will be used only for academic purpose’ Amidst all the controversies on the previous Household Consumer Expenditure Survey, the statistics Ministry intends to start new survey from July. Also, the Ministry has made it clear that the results of the previous survey will be made public after some time but only for academic purpose. “The software vendor for the survey has been...
More »GDP makes it official: India's economy is on a graveyard spiral -Sunitha Natti
-The New Indian Express The latest growth print also implies that restoring both India's fastest growing economy tag and the ballyhooed USD 5-trillion target will be further delayed It's official. India's economy has been reduced from flesh to bone with September quarter GDP growth crashing to a 26-quarter-low of 4.5 per cent. Just a quarter before, it grew at 5 per cent, which now appears respectable than the latest print. The Central statistics Office's...
More »Now India's official statistics will be suspect
-The Telegraph Refusal to face up to economic problems will tarnish India’s reputation as an economy and a democracy The Narendra Modi-led government has done it again. The Centre has scrapped the all-India survey on household consumption expenditure conducted by the then National Sample Survey Office. A few months ago, the government had refused to make public the official survey conducted on employment in India. There was considerable pressure exerted by economists...
More »Govt releases 5 survey reports after uproar, holds back study it junked -Somesh Jha
-Business Standard Scholars across the world had appealed for the survey reports, including one on household consumer expenditure. The Union government on Saturday released five sets of survey reports on key socio-economic trends, most of which were approved but withheld. The junked consumer expenditure survey was not among these. The Ministry of statistics and Programme Implementation (MoSPI) released the survey reports, ‘Household Social Consumption in India: Health’ and ‘Household Social Consumption in India:...
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