-The Telegraph New Delhi: Controversy has again enveloped the bailiwick of the chief economic adviser to the finance ministry amid suggestions that the Narendra Modi government has lowered the academic credentials and experience for the next incumbent who will replace Arvind Subramanian. Congress leader Ahmed Patel stirred the pot with a tweet: "Why has government diluted the educational and professional requirements for the post of chief economic advisor? Economist positions, even in...

-The Hindu Besides the missing informal sector, over-estimation of output growth also offers clues Are the latest employment estimates by the Central Statistics Office (CSO) factually correct? No. They are off the mark, and confined to the economy’s organised or formal sector, accounting at best for 15% of the workforce. Is there a paradox in high output growth rates and the marginal effect on employment? Probably not, if one acknowledges that GDP...

-The Hindu Income support must be provided to at least the most vulnerable farmers Our farm policy is so bad, the proverb ‘you reap what you sow’ isn’t true any longer. A bumper crop is no different from a drought, for it too depresses farm incomes. Good rains, excessive sowing and the bumper harvest last year produced gluts in the market that sent the prices of many crops, and therefore farm incomes, crashing....

-RuralIndiaOnline.org Imagine a democratic protest where a million farmers, labourers and others march to the capital and compel discussion of the exploding crisis of the countryside in a special three-week session of Parliament India’s agrarian crisis has gone beyond the agrarian. It’s a crisis of society. Maybe even a civilizational crisis, with perhaps the largest body of small farmers and labourers on earth fighting to save their livelihoods. The agrarian crisis is no...

-The Indian Express GDP growth rates for pre-2011-12 years, making it impossible to compare the new growth data with the growth during the UPA years. New Delhi: From a new gross domestic product (GDP) series to a revised Index of Industrial Production and inflation indices, alongside fresh interventions including payroll reporting based on EPFO data, statistical measurement tools to gauge economic development underwent some change over the past four years. In the...