-Livemint.com A consumption-driven growth not only fuels inflation, but also can arguably lead to a slackening of future growth Economic growth of 8.2% for the June quarter may have beaten all estimates, but the big question is: what kind of growth is it? Is the economy firing on all the engines of domestic consumption, investment demand and external demand? Let’s look at the numbers. The anecdotal evidence of a spurt in consumption growth...

-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;...

-Deccan Chronicle The managers used a part of the 60 per cent amount to repay the Mudra loan for a year and pocketed the rest. New Delhi: The Modi government may have to get battle ready soon for cleaning up the Mudra loan mess that has added to the concerns of the banking system. The plan to create “job creators and not job seekers” by disbursing massive credit to micro and small...

-The Hindu Some 174 children go missing every day. Only about 50% of them are ever found again. But the story behind these statistics is complex Shehzadi Malik has watched the seven-minute video clip on her phone a few hundred times these past three months. Sometimes she is looking for clues. Sometimes she is just watching it, empty of hope. Sometimes she is simply looking at her nine-year-old boy, Kabir. This CCTV...

-Livemint.com Preference for government jobs is highest among college-educated rural youth, a segment seen at the forefront of recent agitations for quotas, shows analysis In one of the largest such exercises ever conducted in the world, millions of applicants are appearing this month for an online recruitment test conducted by the Indian Railways. The Railways Recruitment Board (RRB) has received more than 24 million applications for roughly 120,000 vacancies in the organization. Most...