-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...
More »SEARCH RESULT
Muzzaffarpur: Anganwadi and Asha workers, who should have conducted awareness drive and monitored food intake of children, were on poll duty - Aanchal Bansal
-The Economic Times According to Dr Arun Shah of the IAP, the Nitish Kumar govt failed to implement the guidelines drafted in 2015 to prevent a similar outbreak. NEW DELHI: While litchi is mostly being blamed for the outbreak of Acute Encephalitis Syndrome (AES) in Bihar’s Muzaffarpur district that has claimed lives of more than 100 children, experts maintain that malnutrition and the recently-held Lok Sabha elections are actual culprits. According to Muzaffarpur-based...
More »Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?
In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent ARTicle by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
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%...
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 »