-The Hindu ‘Lacks vigour, won’t stand up to scrutiny’ The Prime Minister’s Economic Advisory Council (PMEAC) has released a detailed note enumerating its objections to former Chief Economic Adviser Arvind Subramanian’s paper on India’s GDP growth. The note said that Mr. Subramanian’s paper “lacks rigour” and would not stand up to academic scrutiny. Lower GDP The paper, released in Harvard University, postulated that the GDP growth between 2011-17 was significantly lower than the 7%...
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No Muzaffarpur medical centre has a rating better than zero -Rema Nagarajan
-The Times of India While the state and Union governments are now scrambling to deal with the outbreak of acute encephalitis syndrome (AES) disease in Bihar's Muzaffarpur, Official Data shows the shocking state of the public health infrastructure in the district. The health ministry's health management information system (HMIS) shows that all of the 103 primary health centres (PHC) and the only community health centre in the district were not considered...
More »Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?
In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
More »Eggs likely to be on menu for pre-primary students in Karnataka -Tanu Kulkarni
-The Hindu DPI to submit proposal to State govt. Karnataka: The Department of Public Instruction (DPI) wants to replicate the food menu of children in anganwadis, which includes eggs, in pre-primary classes from this academic year, and is planning to submit a proposal to the State government. The government this year started pre-primary sections in 276 Karnataka Public Schools where all children are of the same age bracket as those in anganwadis, who...
More »Real GDP growth 2.5% lower than official: Ex-CEA Subramanian
-The Times of India India's gross domestic product growth rate has been overstated by about 2.5 percentage points per year post 2011, former chief economic adviser Arvind Subramanian has said in a research paper, prompting economists to doubt the size of the claimed overestimation, and the government to defend the data . Subramanian also called for revisiting the entire methodology and implementation for GDP estimation by an independent task force, comprising national...
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