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Why India's New GDP Math Lacks Credibility -MK Venu

-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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1/3 of world's stunted kids are from India, says report -Sushmi Dey

-The Times of India NEW DELHI: India is among the countries accounting for the highest burden of stunted, wasted and overweight children, the new Global Nutrition Report, 2018 reflecting the growing concern around child nutrition in the country. With 46.6 million stunted children, India accounted for nearly one-third of the world’s 150.8 million children who are stunted, the report shows warning against a major malnutrition crisis.. India is followed by Nigeria (13.9...

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Forest rights hold the key -Arvind Khare

-The Hindu Why it could impact the results in Madhya Pradesh and Chhattisgarh Pundits are busy speculating about winners and losers in Madhya Pradesh and Chhattisgarh. We will know for sure soon, but do past trends give any insight and is there something new this time? Past trends in both States have been nothing short of dramatic, and this drama has always played out in the tribal reserved constituencies in M.P. Between the...

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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...

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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...

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