-The Economic Times Last year, India jumped 30 places ahead in World Bank's Ease of Doing Business rankings, powered by numerous reforms introduced by the government. Even though the government is focused on making India an attractive destination for foreign companies, the situation on the ground may not be as 'easy' as it seems. Caught in red tape, an American Manufacturing giant has threatened to leave India for Malaysia. The $26-billion Flex,...
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The 'padwomen' of Telangana -Nikhila Henry
-The Hindu Sanitary napkins made by adivasi women of the State are in great demand. Hyderabad: In Telangana’s tribal belt, since February this year, adivasi women have been running four small units that produce sanitary napkins for free distribution to students in the tribal welfare hostels and ashram schools. Now, the region is set to get four more sanitary napkin production units, thanks to the demand for pads among young women in...
More »Factory growth slows to 10-month low
-The Hindu Slowdown in consumer durables hits August Manufacturing ; retail inflation rises to 3.77% in Sept. New Delhi: Industrial production slowed to a 10-month low of 4.3% in August, due in large part to a drastic deceleration in the Manufacturing, mining, and consumer durables sectors, according to official data released on Friday. The Index of Industrial Production (IIP) slowed in August from its growth rate of 6.61% in July. Within the index,...
More »Govt keeps job data close to its chest -Basant Kumar Mohanty
-The Telegraph Two reports, published every 3 months of the Quarterly Employment Survey, not released by the Narendra Modi govt New Delhi: Quarterly employment data considered reliable by even critics of the Narendra Modi government have not been released for this year so far, prompting concern the survey may be discontinued to hide potential warts that hold considerable significance in an election year. Two reports of the Quarterly Employment Survey (QES) are due...
More »Why factory output figures are suspect -R Nagaraj
-The Hindu Business Line The MCA database, which underpins the jump in factory GDP, is unconvincing. The ASI method was set aside for wrong reasons In early 2015, the Central Statistical Office (CSO) introduced a new series of National Accounts Statistics (NAS) with 2011-12 as the base year, replacing the earlier series with the base year 2004-05. It is the CSO's routine job to make such revisions, roughly once in a decade,...
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