-The Hindu Business Line ‘GDP growth rates for 2004-11 were bound to come down’ New Delhi: “You can slice and dice the data anyway you want, but India’s GDP growth rates between 2004 and 2011 were bound to come down in the backcasting computation effort,” said TCA Anant, former Chief Statistician of India. When the new base year of 2011-12 came out, the Central Statistics Office (CSO) had documented and recognised that the...
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Naxalite-affected villages record 90% polling in Telangana
-The Hindu Braving Maoist call for boycott, villagers exercise franchise Karimnagar (Tenlangana): In spite of heightened naxalite threat, villagers, mostly dominated by tribal communities, have set an example in Telangana by recording over 90% polling in the Maoist stronghold villages in the interior Mahadevpur, Kataram and Mahamutharam mandals adjoining the Chhattisgarh in the erstwhile Karimnagar district, now in Jayashankar-Bhupalapalli district. Braving the Maoist call for poll boycott, people formed serpentine queues to exercise...
More »CIC: Get unorganised sector workers' data -Ambika Pandit
-The Times of India NEW DELHI: Exhorting the government to take necessary steps to formulate statistics pertaining to construction workers, domestic workers and women workers in the unorganised sector, the Central Information Commission has recommended the ministry of labour and employment carry out the exercise in line with provisions meant to promote “transparency, accountability and conformity” in the RTI Act. Then Information Commissioner, M SRIdhar Acharyulu (who retired on November 21), in...
More »Three years ago, key statistics panel revised UPA growth up, Niti Aayog rejected it -P Vaidyanathan Iyer
-The Indian Express Then Chief Statistician T C A Anant confirmed that the release of data was withheld. “Niti Aayog had issues with a particular proxy we used for corporate sector growth estimates,” Anant told The Indian Express. In what adds a fresh twist to the controversy over the downward revision of UPA growth data, it is now learnt that almost three years ago, the Central Statistics Office (CSO), in the...
More »Farm-loan waivers turn nightmare for banks -G Naga SRIdhar
-The Hindu Business Line Farmers in election-bound States have stopped repaying in anticipation of write-offs Hyderabad: The increasing demand for farm-loan waivers and slippages in existing loan repayments by farmers in anticipation of write-offs are giving banks a nightmare. Apart from drawing the attention of policy makers and political pundits, last week’s mega farmers’ rally in the national capital has also created tremors among bankers. “The expectation of agricultural loan waivers next year when...
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