-Livemint.com If there is no way to tell which part of the economy is doing well and which is not, policymakers will continue to have to rely on rough proxies and their intuition for decision-making A month after statisticians from the National Sample Survey Office (NSSO) published a report exposing holes in one of the key databases used in India’s gross domestic product (GDP) calculations the controversy around India’s new GDP series...

-The Hindu Narendra Modi must leverage the public trust voters have placed in him to get the economy on track Prime Minister Narendra Modi’s election campaign, staying clear of bread-and-butter issues, successfully swayed voter attention away from economic hardships. Having won a thumping mandate, his government in its second tenure must now devote itself to a well-thought-out strategy for economic reforms. The bad news Official estimates released on Friday, the new government’s first day...

-The Hindu Only a fast-growing economy can generate surpluses needed to create jobs and sustain social safety nets Now that the general election is over, the time has come to pay serious attention to the economy. The national income numbers continue to be controversial. No serious policy decision can be taken with ambiguous numbers. Nevertheless, even with the new official numbers it is clear that growth is slowing down. As in the...

-Hindustan Times These sectors deserve consistent support over time to compete internationally since India is lagging behind Manufacturing contributed in 2017 only about 16% to India’s GDP, stagnating since economic reforms began in 1991. By contrast, in east and south-east Asia, the industry share has exceeded 30-40% while manufacturing is 20-30%. India’s manufacturing share of GDP has not moved up at all, though between 2004-05 and 2011-12 manufacturing employment growth was...

-Down to Earth India’s GDP for health is less than 1.5 per cent and is one of the lowest in the world Health infrastructure, especially in the rural areas, is going to be one of the challenging tasks ahead for the new government. In its last tenure, it brought the Ayushman Bharat scheme — the government run health insurance programme — which was seen as a major health policy intervention. However, according...