-Hindustan Times The NSSO report, findings of which were first published in Mint on Wednesday, found that 36% of the companies in the MCA-21 database maintained by the ministry of corporate affairs (MCA) could not be traced or were wrongly classified. New Delhi: The ministry of statistics and programme implementation (MoSPI) has downplayed the controversy around India’s gross domestic product (GDP) data after a National Sample Survey Office (NSSO) report raised serious...
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Not right to extrapolate no. of shell companies to GDP computation: Pronab Sen -KR Srivats
-The Hindu Business Line Such computation will underestimate GDP, says the former Chief Statistician The National Sample Survey Office’s (NSSO) recent study involving samples from the MCA-21 database has put the whole GDP computation methodology under fire, but on a wrong basis, according to former Chief Statistician of India Pronab Sen. The NSSO study had revealed that there are several more shell companies in the system than what the Centre realised. Having numerous...
More »How India's statistical system was crippled -Pramit Bhattacharya
-Livemint.com The inside?story?of?the?decline?of a?globally renowned statistical system and its effect on Asia’s third largest economy New Delhi: Toothless. Powerless. Impotent. These are the adjectives used to describe India’s apex statistical organization, the National Statistical Commission (NSC). And these haven’t been hurled by its detractors but by three former members of the NSC who have been part of the commission at different points in time. The NSC shot to prominence in December last year after...
More »New GDP series faces fresh questions after NSSO discovers holes -Pramit Bhattacharya
-Livemint.com * A third of the firms in MCA-21 database used to calculate GDP found dodgy * Results from the MCA-21 database survey were so disappointing that two reports based on it had to be junked NEW DELHI: A key database introduced in India’s new gross domestic product (GDP) series has now been found to be full of holes, raising fresh questions over the controversial and contested GDP numbers in Asia’s third-largest economy. A...
More »Why is northeast India drying up rapidly? -Aswathi Pacha
-The Hindu Decreasing monsoon rainfall is associated with natural changes in the subtropical Pacific Ocean Northeast India, one of the wettest places on the Earth has been experiencing rapid drying, especially in the last 30 years. Some places which used to get as high as 3,000 mm of rain during the monsoon season have seen a drop of about 25-30%. A team of researchers from the Indian Institute of Tropical Meteorology, Pune, and...
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