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The great Indian GDP debate, explained in five charts -Pramit Bhattacharya

-Livemint.com If there is no way to tell which part of the economy is doing well and which is not, policymakers will continue to have to rely on rough proxies and their intuition for decision-making A month after statisticians from the National Sample Survey Office (NSSO) published a report exposing holes in one of the key databases used in India’s gross domestic product (GDP) calculations the controversy around India’s new GDP series...

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What does the merger of National Sample Survey Office and Central Statistics Office entail? -Prashanth Perumal J

-The Hindu * Will the move undermine the NSSO’s autonomy, which has been dogged by controversies over data reporting? The story so far: On May 23, the government announced that the National Sample Survey Office (NSSO) will be merged with the Central Statistics Office to form the National Statistical Office (NSO). Many believe that this move will undermine the autonomy of the NSSO which has been at the centre of various public...

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Joblessness at 45-year high, but NSO adds a caveat

-The Times of India NEW DELHI: A little over 6% of India's labour force was unemployed in 2017-18, the latest year for which government released data on Friday. The unemployment rate is identical to the rate mentioned in a report leaked in January this year, which had showed unemployment to be at a 45-year high. The leaked report had triggered a major controversy, with the opposition parties slamming the government for its...

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Economic growth may have slipped below 7% in FY19, lowest in 5 years: ET Poll - Kirtika Suneja

-The Economic Times January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one. NEW DELHI: India’s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a disappointing fourth quarter. That could prompt a further cut in interest rates by the central bank and renewed efforts by the incoming government to drum up demand and private investment,...

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Why is the government merging India's Statistics bodies? -Dhirendra Tripathi

-Livemint.com * NSSO and CSO are to be merged into what will be known as NSO * The order puts the merged entity under Mospi secretary The ministry of Statistics and programme implementation (MoSPI) passed an order on 23 May to merge the Central Statistics Office (CSO) and National Sample Survey Office (NSSO) into the National Statistical Office (NSO). Mint analyses what led to the decision. * When was a revamp of the statistical...

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