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Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)

-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...

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Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)

-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...

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Now India's official statistics will be suspect

-The Telegraph Refusal to face up to economic problems will tarnish India’s reputation as an economy and a democracy The Narendra Modi-led government has done it again. The Centre has scrapped the all-India survey on household consumption expenditure conducted by the then National Sample Survey Office. A few months ago, the government had refused to make public the official survey conducted on employment in India. There was considerable pressure exerted by economists...

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The politics of numbers -PC Mohanan

-The Indian Express Government data always come with limitations. Now, they have a political dimension A new data-related controversy has erupted after the government aborted the publication of the report of the household consumer expenditure survey (CES) conducted by the National Sample Survey Organisation (NSSO) during 2017-18. This survey is one of the oldest series of surveys — undertaken by NSSO since the 1950s — and is the precursor to the...

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Economy under stress: Slowdown may spill over to FY21

-Financial Express economists see no V-shaped recovery after Q2, say any spending cut will hit growth. The economy may be in the midst of a protracted phase of slowdown and the weakness could stretch into the next fiscal, as green shoots of a recovery in key indicators — from industrial production, exports and corporate sales to non-food credit growth — are barely visible. economists, who were earlier optimistic about a rebound in the...

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