-Livemint.com Arvind Subramanian’s conclusions about GDP growth figures are in the right direction. There’s no point being in denial Arvind Subramanian was the chief economic advisor (CEA) to the Government of India from October 2014 to June 2018. Among other things, he became well known and was praised deservingly for his Economic Surveys. He made that document interesting, useful and accessible. He also took it to the country by hosting online lectures...
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Marathwada: Zero rabi crop, bone dry wells, serial hunger strikes in despair -Kavitha Iyer
-The Indian Express More than half the villages where the state Groundwater Survey and Development Agency’s summer survey found a depletion of over 3 metres from the five-year average are in Marathwada — 1,467 villages. Beed (Maharastra), Mumbai: Twice over the last six months, residents of Chaklamba village in Beed district’s Georai taluka have gone on a relay hunger strike in 43-degree temperatures, spending scorching afternoons in the shade of a...
More »GDP numbers: EAC-PM rejects ex-CEA's claims, releases point-to-point rebuttal
-The Times of India NEW DELHI: The Economic Advisory Council to the Prime Minister (EAC-PM) on Wednesday rejected the claims of former CEA Arvind Subramanian regarding over-estimation of GDP numbers and said that India's current methodology is at par with its global standing as a responsible, transparent and well-managed economy. The EAC-PM released a detailed note titled 'GDP estimation in India - Perspectives and Facts' and as it earlier stated, the note...
More »UP readies law for pvt universities with rider -- pledge no anti-national activity -Maulshree Seth
-The Indian Express While the UP government has not specified the 27 universities that will be brought under the ambit of the proposed Ordinance, the UGC lists 29 private universities in the state as on November 2018. Lucknow: The draft of a new Ordinance cleared by the Uttar Pradesh Cabinet Tuesday includes a provision which mandates an undertaking by new and existing universities that they will not be involved in or...
More »PM's panel rejects former CEA's paper on GDP growth
-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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