-The Indian Express On the credibility of quarterly Data releases, Anant underlined “it is a careful statistical exercise” and that in many areas, “more complete information would be available in many ways by next year”. Facing criticism that GDP growth estimates by his office of 7 per cent for the third quarter ending December 2016 sharply overshot most projections — even those in the Economic Survey and by the RBI — India’s...
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Consumption mystery could be traced to piling up of inventories -Aanchal Magazine
-The Indian Express As per the methodology, since no direct Data of expenditure is used, most of the GDP Data is calculated based on output data The answer to the puzzling rise in Private Final Consumption Expenditure (PFCE) in the second advance estimate of GDP for 2016-17 despite the evident cash squeeze due to demonetisation may very well lie in the methodology used for calculating the new series of GDP. As per...
More »Farmer suicides on higher side in Punjab, report held back till poll results -Sukhdeep Kaur
-Hindustan Times A potentially “politically-damaging” report on farmer suicides in Punjab will now be released only after the election results on March 11. The state government had commissioned three state universities — Punjab Agricultural University (PAU), Ludhiana; Guru Nanak Dev University, Amritsar and Punjabi University, Patiala — to study cases of farmer suicides between April 2010 and March 2013. The three had earlier examined cases from 2000 to 2010 for compensation and...
More »Five reasons why economists doubt India's October-December GDP growth of 7% -Raj Kumar Ray
-Hindustan Times New Delhi: India’s economic growth of 7% during October-December has sparked a debate on how output grew so fast at a time when the country was facing its biggest-ever cash crunch after Prime Minister Narendra Modi announced on November 8 the demonetisation exercise, which weeded out 86% of the currency notes in circulation. Economists and experts cite at least five reasons why the government Data of a robust economic growth...
More »Food basket in danger -Vibha Varshney
-Down to Earth Latest Data suggests a decline in the nutritional quality of food. What is stripping our food of nutrients? Can authorities cope with the challenge? If you thought that your healthy food choices are going to keep you fit and disease-free, think again. The Data released by the National Institute of Nutrition (NIN), Hyderabad, on January 18 suggests that the foods we eat today are less nutritious than what...
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