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Why the NSSO Employment Surveys Shouldn't Have Been Done Away With -Sona Mitra

-TheWire.in The new periodic labour force surveys, while welcome, will create a situation where there would be no data system to compare the present with the past. In a recent interview, Prime Minister Narendra Modi apparently said, “more than a lack of jobs, the issue is a lack of data on jobs”. For those of us who have been using the National Sample Survey Organisation (NSSO) data on employment and unemployment for...

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Modi govt: Don't quote report that showed higher GDP growth under UPA than NDA -Mahua Venkatesh

-ThePrint.in Report by government-backed panel has pegged average growth under UPA at 8%, higher than that during 4 years under NDA. New Delhi: The Modi government has said that a GDP report that showed higher growth during the UPA years than under four years of NDA rule is only a draft and “should not be quoted anywhere”. The back-series GDP growth report was published on the website of the Ministry of Statistics and...

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Illegal forest land acquisition behind Kerala floods, says ecologist Madhav Gadgil

-Hindustan Times The ecologist said extensive stone quarrying and mushrooming of high-rises as part of tourism, and illegal forest land acquisition by private parties are the major reasons for the recent floods in the state. Pune: Ecologist Madhav Gadgil, founder of the Centre for Ecological Sciences at the Indian Institute of Science, Bengaluru, has described the floods in Kerala as a man-made disaster; a reaction to the illegal excavations, stone quarrying done...

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Congress uses revised GDP data to defend UPA's economic record -Anuja

-Livemint.com The UPA delivered the highest decadal growth (8.13% at factor cost) since India acquired independence and handed over an Indian economy on the upswing in 2014, says former finance minister P. Chidambaram New Delhi: The Congress on Sunday defended the record of the United Progressive Alliance (UPA) on the basis of recently published back series data on gross domestic product (GDP). At a press conference today, former finance minister P. Chidambaram...

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New data: UPA did just fine till 2011

-The Economic Times The first cut of the back series of GDP numbers based on the new methodology and new base year of 2011-12 have finally been released. The Central Statistics Office will confirm this, sooner or later. What the new series does show is that India is capable of attaining double-digit growth (10.2% in 2007-08 and 10.8% in 2010-11), and of recovering fast from a sharp slowdown inflicted by global...

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