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GDP scare

-The Hindu Business Line Fears over shell companies inflating the GDP are overdone, but the CSO needs to be more transparent in its methods Just as the dust was settling on the controversy over the Centre deferring the release of NSSO’s labour force survey which showed unemployment numbers in an unflattering light, a new one has broken out on the veracity of the MCA-21 database used in GDP calculations. The economic commentariat...

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How India's statistical system was crippled -Pramit Bhattacharya

-Livemint.com The inside?story?of?the?decline?of a?globally renowned statistical system and its effect on Asia’s third largest economy New Delhi: Toothless. Powerless. Impotent. These are the adjectives used to describe India’s apex statistical organization, the National Statistical Commission (NSC). And these haven’t been hurled by its detractors but by three former members of the NSC who have been part of the commission at different points in time. The NSC shot to prominence in December last year after...

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Data gaps in GDP calculation will be resolved: Govt

-Hindustan Times The NSSO report, findings of which were first published in Mint on Wednesday, found that 36% of the companies in the MCA-21 database maintained by the ministry of corporate affairs (MCA) could not be traced or were wrongly classified. New Delhi: The ministry of statistics and programme implementation (MoSPI) has downplayed the controversy around India’s gross domestic product (GDP) data after a National Sample Survey Office (NSSO) report raised serious...

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NSS report on services sector to be examined by committee: MoSPI

-PTI New Delhi: The statistics ministry Wednesday said an official committee will examine the NSS technical report on services sector enterprises, which has raised questions over the GDP data. The technical report of the National Sample Survey Office (NSSO) has generated controversy following its observation that as much as 36 per cent units forming part of MCA-21 database, used in computing GDP, could not be either identifiable or traceable in the field. The...

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Clean chit to CJI Ranjan Gogoi: 17 women activists held for protest bid

-The Hindu Carrying posters and banners that read “Supreme Court kuch to sharam karo” (have some shame, SC), those present near the Gate number 7 of the metro station said the clean chit given to the CJI was a case of “Supreme Injustice”. New Delhi: A day after several women activists and lawyers were detained for protesting outside the Supreme Court against the clean chit given to Chief Justice Ranjan Gogoi in...

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