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Under fire, NITI Aayog says was told to look at GDP back series data -Sunny Verma

-The Indian Express Many economists have  questioned the NITI Aayog’s role in the release of the statistical  exercise of CSO, which comes under the Ministry of Statistics and Programme Imple- mentation (MoSPI). New Delhi: Facing Criticism over the NITI Aayog’s presence at the release of the GDP back series data by the Central Statistics Office (CSO) last week, Aayog Vice-Chairman Rajiv Kumar said his department was asked to “have a look”...

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Recalculating GDP figures isn't wrong, it's strange. Let CSO explain this -Ashok V Desai

-The Economic Times The NDA government has been a pioneer a number of times. Demonetisation and the goods and services tax (GST) are only its bestknown antics. Now it has taken the lead in politicising national income statistics. Normally, the Central Statistical Office (CSO) issues a press note every quarter, giving figures of national income and its components for the previous quarter. The figures do not make headlines. The common man has...

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Revised back-series GDP data poses a problem for SBI -- how did we really perform? -Mahua Venkatesh

-ThePrint.in SBI report says bank’s performance will have to be rewritten based on the new data and this can be contentious due to questions over credibility. New Delhi: The Narendra Modi government’s revised set of back-series GDP data, which slashed the average rate of growth during the UPA regime, pose “reconciliation problems regarding micro and macro data interpretation”, a State Bank of India (SBI) report said Thursday. A careful data interpretation will be...

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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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Uttarakhand HC slams tribunal chairman for strange order; imposes cost on central govt

-PTI The Central Administrative Tribunal’s Nainital bench had been hearing the case filed by Sanjiv Chaturvedi in the matter pertaining to adverse entries made into his appraisal report of 2015-16 by AIIMS, New Delhi, where he was working as Chief Vigilance Officer from 2012 to 2016. Nainital: The Uttarakhand High Court has slammed the chairman of Central Administrative Tribunal (CAT) for passing a “strange order” on a plea made by the central...

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