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Why India's New GDP Math Lacks Credibility -MK Venu

-TheWire.in The new back-series GDP data, released four months before the 2019 general elections, fails several common sense tests. India’s back-series GDP (gross domestic product) data, released by the NITI AAYog just four months before the 2019 general elections, turn the basic laws of macroeconomics on their head. Here’s one that is most intriguing. The data show lower GDP growth during the UPA years, which is when the gross investment to GDP...

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Ahead of 2019 polls, govt slashes GDP growth rate during UPA era

-PTI NEW DELHI: The government on Wednesday lowered the country's economic growth rate during the previous Congress-led UPA regime, shaving off over 1 percentage point from the only year when India posted double-digit GDP growth post liberalisation and from each of the three years with 9-plus per cent expansion. Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office (CSO) estimated that India's GDP...

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India claims to be self-sufficient in food production but facts say otherwise -Jitendra

-Down to Earth If the government decides to feed all its hungry people, India's tag of a net exporting country will be easliy lost India is riding high on the agricultural success story it has written over the past few years. Record-breaking food-grain production was registered in seven years in the past decade. From 217 million tonnes in 2006-07, the country’s production jumped to 275.11 million tonnes in 2016-17. Three years...

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Aadhaar related inadequacies causing hunger and food insecurity in Jharkhand, allege Right to Food Campaign activists

-Press statement by Right to Food Campaign dated 19 November, 2018 At least two more persons died of starvation in Jharkhand in the last 25 days. This takes the total number of hunger deaths in the state to 17, since September 2017. The most recent victim is 45-year old Kaleshwar Soren who died of hunger and destitution on 11 November in Mahuatanr village of Jama block of Dumka district. A fact...

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MSP sustains the illusion that farmers rule in this country -Yogendra Yadav

-Livemint.com A partial hike in the MSP on paper was packaged by the govt as three fresh and historic steps for farmers’ welfare Minimum support price (MSP) is a fiction. It is a feel-good fiction. The farmers are free to sell their crop for as much as they wish, but should the prices fall below a minimum level, the government is there to help them. MSP is a sovereign guarantee that the state...

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