-ThePrint.in Report by government-backed panel has pegged average growth under UPA at 8%, higher than that during 4 years under NDA. New Delhi: The Modi government has said that a GDP report that showed higher growth during the UPA years than under four years of NDA rule is only a draft and “should not be quoted anywhere”. The back-series GDP growth report was published on the website of the Ministry of Statistics and...
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MoSPI says back series GDP figures 'not official', formal data later
-PTI As per the back series data on GDP, Indian economy clocked a 10.08 per cent growth rate in 2006-07, the highest since liberalisation of the economy in 1991 New Delhi: Amid ongoing controversy over the back series GDP figures showing better economic performance during the UPA regime, the Ministry of Statistics and Programme Implementation (MoSPI) on Sunday said "these are not official estimates" and the data will be released officially later. As...
More »Back series GDP data not official: Ministry of Statistics -TCA Sharad Raghavan
-The Hindu This exercise will then be considered in the Advisory Committee on National Accounts Statistics and subsequently by the National Statistical Commission. The government on Sunday clarified that the back-series GDP data purportedly released by the government was just a draft using one of several possible calculation methods, and that the Ministry of Statistics and Programme Implementation (MoSPI) would announce the results when it settles on a final method. “It is clarified...
More »GDP grew in double digits twice in UPA era -Asit Ranjan Mishra
-Livemint.com The estimates of GDP and other related aggregates for the period 1993-94 to 2013-14 have been calculated by an NSC committee using a so-called production shift method New Delhi: India’s economy grew in double digits twice during the previous United Progressive Alliance government (UPA) under Prime Minister Manmohan Singh, 10.23% in 2007-08 and 10.78% in 2010-11, according to back series calculations by a committee appointed by the National Statistical Commission. However, the...
More »Amarjeet Sinha, Rural development secretary, interviewed by Sayantan Bera and Elizabeth Roche (Livemint.com)
-Livemint.com Rural development secretary Amarjeet Sinha on how MGNREGS has evolved since 2006 to result in income, acreage, water tables, productivity and fodder availability Agrarian distress and rural distress are terms used interchangeably, but the rural economy today is very different from what it was many years ago, given the diversification of rural incomes and hence incorrect to think one means the other, says Amarjeet Sinha, secretary, ministry of rural development. In...
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