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IIP shrinks again, inflation accelerates

-The Hindu Food inflation is at a 40-month high Industrial activity contracted for the third consecutive month in October by 3.8%, driven by a fall in activity across sectors, according to Official Data released on Thursday. Separate data showed that retail inflation had surged to a 40-month high of 5.54% in November, driven by rising food inflation. The Index of Industrial Production (IIP) had contracted by 4.3% in September and 1.1% in...

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New household consumer expenditure survey to begin in July -Shishir Sinha

-The Hindu Business Line ‘Results of previous survey soon, but they will be used only for academic purpose’ Amidst all the controversies on the previous Household Consumer Expenditure Survey, the Statistics Ministry intends to start new survey from July. Also, the Ministry has made it clear that the results of the previous survey will be made public after some time but only for academic purpose. “The software vendor for the survey has been...

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India's rural poverty has shot up -Pramit Bhattacharya & Sriharsha Devulapalli

-Livemint.com Bihar, Jharkhand and Odisha have seen sharp increases in poverty rates over the past few years, an analysis of the national statistical office data suggests Ever since India moved to a high growth trajectory in the 1980s, poverty rates have consistently declined over time. Until now. A Mint analysis of the consumption expenditure numbers reported by the National Statistical Office (NSO) in a hushed-up report suggests that rural poverty rose nearly 4...

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NCRB silence on farmer suicides: Reason given by govt fails against earlier data -Deeptiman Tiwary

-The Indian Express The latest NCRB report does not enlist reasons for farmer suicides. The Union Ministry of Home Affairs told Parliament last week that the National Crime Records Bureau (NCRB) had done away with diversified data on farmer suicides in its latest report as many states reported the figure to be “nil”, and hence recording reasons for the suicides was “untenable”. However, an analysis of previous NCRB data shows that states...

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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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