-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;...
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Rural wage growth killed by demonetisation; fell from 11% to mere 0.45% in last 3 years, shows Ind-Ra data -Pragya Srivastava
-The Financial Express India’s rural wage growth has slumped from an average of 11% in the financial years 2013-15 to a mere 0.45% in the financial years 2016-18, due to the negative impact of demonetisation, a report said. An analysis of 25 different occupations in rural areas by India Ratings showed that rural wage growth slumped to decimal points from double-digit in last three years despite government support. India Ratings noted that...
More »Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
More »Ganga drying up in summers due to groundwater depletion: Study
-PTI ‘The decline of groundwater inflow is also impacting the health of the river’ Kolkata: Ganga, the 2,600-km-long trans-boundary river of Asia, has witnessed “unprecedented low levels of water in several lower reaches” in the last few summer seasons, a study undertaken by a professor of IIT-Kharagpur has said. The study, published recently in Scientific Reports magazine by Nature Publishing Group, used a combination of satellite images of groundwater levels of Ganga, numerical...
More »Govt: SC/ST staff automatically entitled to promotion quota -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Centre has told the Supreme Court that SC/ST government employees were automatically entitled for quota in promotions and reiterated the need for reconsideration of the M Nagraj judgment, saying collection of data to determine their backwardness was neither feasible nor desirable. Filing its written note on the matter on Tuesday, the Centre said a community was added to the list of Scheduled Castes after...
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