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'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...

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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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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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MS Swaminathan, father of Green Revolution, interviewed by Jitheesh PM & Jipson John (Newsclick.in)

-Newsclick.in In an interview, the ‘father’ of India’s Green Revolution, says while technology is necessary, policies on procurement and public distribution are far more important in making agriculture economically viable and sustainable in the country. No one has played a more instrumental role in India’s self-sufficiency in food production than Dr MS Swaminathan — world-renowned agricultural scientist, known as the ‘Father of Green Revolution in India’. After getting a PhD from Cambridge...

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Revalidate signal to labour bureau on Mudra job creation data -Basant Kumar Mohanty

-The Telegraph Only 1.12 crore jobs created in three years under the Mudra scheme, the bureau's data suggested New Delhi: A central government agency has been asked to “revalidate” data which estimated that only 1.12 crore additional jobs were created in three years under the Pradhan Mantri Mudra Yojana, a scheme Prime Minister Narendra Modi cites to defend his record on employment generation, sources have told The Telegraph. Several independent analysts suspect that...

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