-IndiaSpend/ CBGA Agriculture has got an unprecedented 144% rise in allocation in the interim budget announced by the Bharatiya Janata Party (BJP) government--from Rs 57,600 crore in the 2018-19 budget estimates to Rs 1,40,764 crore in the interim budget. This took the share of the agriculture ministry in the total union budget to 5.2%, a benchmark succeeding governments will be compelled to match for political reasons. For context, the share has been...
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The shape of the jobs crisis -Santosh Mehrotra
-The Hindu India has no industrial policy or employment strategy to ride the wave of its demographic dividend Job creation has slowed since 2011-12, the year of the last published National Sample Survey Office (NSSO) labour force survey. I used Labour Bureau annual survey (2015-16) data and Centre for Monitoring Indian Economy Pvt. Ltd. (CMIE) data (post-2016), which has a sample size larger than the NSSO labour force surveys, to reach this...
More »Because data is a public good -PC Mohanan
-The Indian Express My resignation from National Statistical Commission was the last act in a long story of disregard for its reports William Setzer, in the working paper, “Politics and Statistics: Independence, Dependence or Interaction”, published by the UN, lists several possible areas where political interference in official data generation and publication can happen. One of these is the extent and timing of release of data. He cites several examples. Most...
More »Cash in system surges: Informal sector's back? -Mayur Shetty
-The Times of India MUMBAI: Currency in circulation touched a new high of Rs 20.65 lakh crore on January 18, 2019, way above the pre-demonetisation high of Rs 17.97 lakh crore. The increase in currency usage points to a recovery in 'informality' in the economy as the government goes easy on goods and services tax compliance and businesses continue using cash, according to Pranjul Bhandari, chief economist, India, HSBC. The acceleration of...
More »The state of the States -US Mishra & S Irudaya Rajan
-The Hindu The SDG India Index overlooks the aspect of inter-dependence of Sustainable Development Goals India was one among the 193 United Nations member states to adopt the Sustainable Development Goals (SDGs) in September 2015. It has been making sincere efforts to achieve these goals. The SDG India Index: Baseline Report 2018, released to the public in December 2018 by NITI Aayog, is a useful comparative account of how well different States...
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