-Newsclick.in It is bizarre that the recent GDP numbers are being celebrated even as there are no jobs, workers wages are frozen and farmers are demanding better PRIces. There is much celebration in government circles and, of course, in the mainstream media, that in the first quarter of 2018-19 (APRIl to June 2018), the GDP growth rate picked up to touch 8.2% compared with the same quarter last year (APRIl to June...
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Demonetisation findings accessed: Eight reasons why BJP wants DeMo report buried
-TimesNowNews.com Times Now has accessed the demonetisation draft report which has upset the BJP, whose MPs want the report suppressed. And there are eight reasons why the BJP doesn’t want to face the report in Parliament. New Delhi: The Parliamentary Standing Committee on Finance, headed by Congress leader Veerappa Moily, has concluded in its draft report that demonetisation, announced by the Narendra Modi government in November 2016, had led to at...
More »The 'Happy Seeder' in search of helping hands -Preeti Mehra
-The Hindu Business Line A campaign and fundraiser are trying to persuade farmers in Haryana and Punjab to opt for technology instead of using the polluting method of crop stubble burning in the sowing season this winter October-November are the cruellest months for people living in the National Capital Region. A heavy smog slowly drifts in and hangs in through the winter, sending particulate matter (PM) levels soaring to a hazardous degree....
More »Jobs growth claims in India: a fact check -R Nagaraj
-Livemint.com The present government has incentivized employers to comply with the EPF law by making their contribution for three years to expand formal sector employment Surjit Bhalla and Tirtha Das’ (B-D, hereafter) background paper, titled All You Wanted To Know About Jobs In India, But Were Afraid To Ask, is now available on the PRIme Minister’s Economic Advisory Council (PMEAC) website (goo.gl/Y5CLtF)—a welcome initiative. It claims: “While there are no official employment...
More »Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan
-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...
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