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STREANH in numbers -James Wilson

-The Telegraph Setting the record straight on the Narendra Modi establishment’s pervasive data-twisting Post truth. This seems to be the only surviving truth in today’s India, a country overrun with bare-faced lies, falsehood, deceit and invented truths — statistics. Note the brazen manner in which the chief of the Prime Minister’s Economic Advisory Council, Bibek Debroy, declared recently that a new national sample survey will be conducted by the government to...

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Surveying India's unemployment numbers -Mahesh Vyas

-The Hindu India’s labour participation rate, very low by world standards, fell sharply after demonetisation. Women bore the brunt Monthly measurement of the unemployment rate is one of the requirements of the Special Data Dissemination Standard (SDDS) of the International Monetary Fund (IMF). The SDDS — India was one of the early signatories —was established in 1996 to help countries access the international capital markets by providing adequate economic and financial information...

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Why Universal Basic Income is Fraught With Serious Problems -Prabhat Patnaik

-Newsclick.in Income support should not lead to the State washing its hands of the poor after handing them a certain sum of money whose real value too would dwindle over time. With Congress president Rahul Gandhi’s announcement recently at Raipur that his party had taken a “historic decision” to introduce an income guarantee scheme for the poor, and with the general anticipation that the Narendra Modi government’s last budget will also announce...

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Why everybody loves Universal Basic Income -Ankita Dwivedi Johri

-The Indian Express The Budget has promised an assured income to farmers, Rahul Gandhi a minimum income guarantee, and Sikkim a universal basic income by 2022. Back in 2016-2017, the Economic Survey said UBI was an idea whose time was ripe for discussion. As that talk picks up in the run-up to the Lok Sabha elections, The Indian Express parses the debate, starting from India’s only two pilot projects FINANCE Minister...

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Modi Govt Will Prepare New NSSO Report to Show 'Increase in Jobs', Says PM's Economic Advisor

-News18.com The leaked report recorded unemployment rate of 6.1 percent in 2017-18, giving the opposition Congress ammunition to attack and pushing the NDA government in defensive mode. New Delhi: A day the National Sample Survey Office’s Periodic Labour Force Survey recorded the unemployment rate in India at a 45-year-high, Prime Minister’s Economic Advisor, Bibek Debroy said that they will prepare a fresh jobs report. “The survey will show that there has been...

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