-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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Pronab Sen, former chief statistician of India, interviewed by Kabir Agarwal and Anuj Srivas (TheWire.in)
-TheWire.in "I think the fact that the whole [NSSO] exercise began with a fundamental premise of keeping it comparable, that has been forgotten." The fierce debate over India’s unemployment figures came to a head last week, when a jobs data report by the National Sample Survey Office (NSSO) was finally made public. This report has been a source of contention ever since two members of the National Statistical Commission (NSC) resigned allegedly...
More »Govt. to offer extra subsidised foodgrain -Dipak K Dash & Sidhartha
-The Times of India NEW DELHI: The government is set to offer additional foodgrains at subsidised rates to offload massive stocks piled up in granaries due to a liberal support price regime and also add a kilo of sugar to the monthly Ration for beneficiaries under the National Food Security Act (NFSA). Over the next few days, the Union Cabinet is expected to decide on providing additional 2 kg grains to every...
More »Unemployment rate at 6.1% in 2017-18, says labour force survey which was withheld earlier
-The Indian Express The PLFS, however, said “compared to the quinquennial rounds, in 2017-18 the unemployment rates in both usual status (ps+ss) and CWS were higher for both males and females”, but added that the figures have to be read with explanatory note for comparability. New Delhi: The country’s unemployment rate stood at 6.1 per cent in 2017-18, the Periodic Labour Force Survey (PLFS) report which was withheld earlier and released...
More »FY18 unemployment level is high but not comparable with previous surveys: NSO -Asit Ranjan Mishra
-Livemint.com * NSO says the change in criteria from monthly per capita expenditure to education levels has direct implications on the comparability of the results * Official data suggests unemployment rate rose to 45-year high of 6.1% in FY18 A day after the Narendra Modi government took oath of office for its second term, the National Statistical Office (NSO) on Friday formally released the leaked annual Periodic Labour Force Survey (PLFS), which showed...
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