-The Hindu A structural break can be observed in the GDP back series before and after the year 2011-12 India’s national income statistics are under a cloud. The Central Statistics Office (CSO) has released official revisions of the GDP estimates for the years 2004-05 to 2013-14 in the Manmohan Singh-led government’s tenure. The revisions make the Narendra Modi government’s performance on the economic front appear better than that of its predecessor. In 2015,...
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JICA team finds norms 'flouted' in Mumbai-Ahmedabad bullet train project
-The Hindu Japanese officials met farmers over land acquisition Ahmedabad: Officials of the Japan International Cooperation Agency (JICA), which is funding the Mumbai-Ahmedabad bullet train project, have apparently found violations of the agency’s Guidelines in the process of land acquisition. The officials held a series of meetings with farmers and their representatives and also activists, who are opposing land acquisition for bullet train project. According to sources, a team of JICA officials is now...
More »India says it is set to reach emission goal on time -Jayanta Basu
-The Telegraph Country is also on track to having 40 per cent installed electric power from non-fossil fuel sources: Harsh Vardhan Katowice (Poland): India is on track to achieving its 2030 targets to curb its greenhouse gas emissions, environment minister Harsh Vardhan asserted at a global climate summit on Monday and asked developed countries to enhance their actions. Vardhan, speaking on the summit’s first day, said the issue of restructuring targets would hinge...
More »India's GDP Debate: What Explains Reduced Growth Rates Under the UPA? -R Nagaraj
-TheWire.in How correct was it for the Central Statistics Office to have selectively used contested methods for preparing the back series data? The spotlight is back on India’s growth rates, three years after the gross domestic product (GDP) data using the 2011-12 base year was released. Before trying to delve into the controversy surrounding the back-series data – which saw GDP growth from 2006-2012 reduce significantly – it is important to understand how...
More »Law on medical devices has waited 12 years -Ritu Sarin
-The Indian Express NITI Aayog meeting notes it will bring in ‘more control, curb growth’ New Delhi: Successive governments in India have neglected the medical devices sector. For over 12 years, a proposed legislation, the Medical Device Regulation Bill, has awaited enactment. Advertising The Bill was first drafted in 2006 when the UPA was in power. It was never legislated. Under the NDA, a Group of Ministers (GoM) was constituted under Finance Minister Arun...
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