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Real GDP growth 2.5% lower than official: Ex-CEA Subramanian

-The Times of India India's gross domestic product growth rate has been overstated by about 2.5 percentage points per year post 2011, former chief economic adviser Arvind Subramanian has said in a research paper, prompting economists to doubt the size of the claimed overestimation, and the government to defend the data . Subramanian also called for revisiting the entire methodology and implementation for GDP estimation by an independent task force, comprising national...

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Lack of milling facility forces paddy-surplus Tripura to spend crores on rice imports -Debraj Deb

-The Indian Express While procurement has become popular among farmers, insufficient collection is forcing the government to shell out hundreds of crores every year for rice imports while they have got all the rice right at home. Tripura’s BJP-led state government is procuring 10,000 MT paddy from farmers at Minimum Support Price (MSP) starting Monday, even as the Centre’s Food Corporation of India (FCI), which procured paddy for the FIRst time...

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The farm-factory connect -Ashok Gulati

-The Indian Express Raising farm productivity is the FIRst step to increasing rural demand and reviving the manufacturing sector As per the last report of National Statistical Office (NSO) released on May 31, the Gross Value Added (GVA) at basic prices (2011-12 prices) for the fourth quarter (Q4) of 2018-19 has slumped to 5.7 per cent for the overall economy, 3.1 per cent for manufacturing, and -0.1 percent for agriculture, forestry...

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Minister-heavy Niti Aayog

-The Telegraph Until now, Modi was the only one who represented the government in Niti Aayog Prime Minister Narendra Modi on Thursday approved the reconstitution of the Niti Aayog, the policy think-tank created in January 2015 out of the remains of the outmoded Planning Commission, by inducting home minister Amit Shah as an ex-officio member along with three other ministers who have been similarly designated. The other ex-officio members of Niti Aayog are...

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Two years after Mandsaur police FIRings, victims' kin say still waiting for justice -Milind Ghatwai

-The Indian Express The BJP, now in the opposition, has accused the Congress of “milking” the Mandsaur case for political gains. Bhopal: Two years after the death of five protesters in two incidents of police FIRing near Mandsaur, Madhya Pradesh, family members of the victims have said they are still waiting for justice. The death toll would later rise to six after one protester succumbed to injuries allegedly suffered in police custody. The...

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