-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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The anatomy of a marginalised region -Shahana Munazir
-The Hindu With a high percentage of Muslims, Bihar’s Seemanchal region frames issues of representation and welfare In the ongoing general election, Seemanchal, a historically neglected and yet socially and politically significant region in Bihar, has once again registered a high voting percentage. Comprising four districts — Purnea, Katihar, Kishanganj and Araria — Seemanchal has a population of about 1 crore. It assumes sociopolitical significance owing to the large proportion of Muslims...
More »A wake-up call on proprietary seeds -Mrinalini Kochupillai & Gregory Radick
-The Hindu How India can shift its agriculture from a high-yield ideal to a high-value one When the news broke that PepsiCo was suing small farmers in India for growing a potato variety that is used in its Lay’s chips, popular sympathies immediately went, of course, to the farmers. National and international pressure swiftly mounted, and in short order a humbled PepsiCo backtracked, announcing its withdrawal of the lawsuit. There was global...
More »'Firms missing from database will not affect GDP calculation' -TCA Sharad Raghavan
-The Hindu Shell companies in MCA-21 submitting balance sheets regularly very much part of measurement, says former chief statistician The deficiencies found in the MCA-21 database of the corporate sector, where more than a third of the sample companies were either untraceable, out of coverage, or closed, will not have a major impact on the calculation of GDP and GVA, according to prominent statisticians closely associated with the subject. A recent report by...
More »Statisticians dismiss concerns on growth numbers raised by NSSO study: Report
-MoneyControl.com A government official defended the calculations saying that since the tax collections match up with the database, it is not unusable. Prominent statisticians have dismissed fresh concerns on growth projections raised by a National Sample Survey Office (NSSO) study. An article in The Hindu quoted statisticians as saying the discrepancies pointed out by NSSO in the new Ministry of Corporate Affairs (MCA-21) database will have no major impact on growth. The government...
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