-TheWire.in A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. New Delhi: A National Sample Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India’s GDP numbers. A technical study conducted by the NSSO between June 2016 and June 2017,...
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Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
More »Elections 2019: Tears of Onion Farmers to Affect BJP Bastion in North Maharashtra -Amey Tirodkar
-Newsclick.in Northern Maharashtra, which produces almost 60% of India’s total onion crop, has seen a steady fall in onion rates creating a crisis for the farmers in the drought affected state. Two months back, NewsClick reported the suicide of a 22-year-old boy whose onion crop had failed. This Akshay Tambe was from Bhoom tehsil of Marathwada, an area which is actually not known for onion cultivation. But the heart wrenching stories of...
More »Meanwhile, on the Jobs Front -Subodh Varma
-Newsclick.in Latest CMIE data shows that unemployment rate continues to steadily climb up even as PM Modi and his party try to divert attention by talking about air strikes and ‘national security’. If ever there was a case of “Nero fiddling while Rome was burning” then India today is the best example. The country is going through one of its worst jobs crisis, well documented by several surveys and confirmed by reports...
More »Will India become a big importer of food? -Ashok Gulati
-The Hindu Business Line It could, if agri policies fail to incentivise farmers more. The demand for food is expected to spike in the coming years India is, today, a country of about 1.35 billion people. United Nations’ population projections of 2017 say that India is likely to surpass China’s population by 2024 and reach 1.5 billion by 2030, making it the most populous nation on the planet. About two-thirds of Indians are...
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