The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...
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India's GDP grows 7.7% in Q4, retains fastest growing economy tag
-PTI NEW DELHI: India's GDP grew at the fastest pace in seven quarters at 7.7 per cent in January-March, retaining the fastest growing major economy tag on robust performance by manufacturing and service sectors as well as good farm output. India's economic expansion at 7.7 per cent was significantly higher than China's 6.8 per cent in the January-March period. However, the Indian economy on yearly basis grew at a four-year low of 6.7...
More »Data in a post-truth age -Sonalde Desai
-The Hindu Trust in official Statistics is vital for democracy — the new policy must avoid centralisation David Spiegelhalter, president of Royal Statistical Society in the U.K., gave a most unusual presidential address in 2017. Instead of talking about esoteric statistical techniques, he talked about declining trust in numbers in a post-truth society bombarded by fake news and alternative facts. He recommended to the statistical community that the best way of inspiring...
More »We Need Annual Diversity Statistics for the Judiciary -Diksha Sanyal
-TheWire.in There have been no efforts to regularly compile and publish data on the social, economic and professional backgrounds of judges in either the higher or lower judiciary. The appointment of Indu Malhotra to the Supreme Court has rekindled the debate surrounding the ‘representativeness’ of the judiciary. She is only the seventh woman to be appointed to the Supreme Court in the seven decades of its existence, and the first woman...
More »Non-agricultural jobs pay better than the agrarian ones, on average, though wage rates vary across different rural occupations
If someone is a rural male, what occupation would he prefer? A rational person might say that depending on the highest prevailing daily wage rate in a particular occupation (which is subject to seasonal variation) vis-à-vis the rest, he will make his choice. An exercise undertaken by the Inclusive Media for Change team based on the latest available month-wise wage data of rural men shows that there is a seasonal variation...
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