-The Hindu Business Line But the economy size gets a bump-up under new base year New Delhi: It’s official now. The government-initiated recalibration of the economy for the years 2004-05 to 2011-12, based on the new base year 2011-12, paints a somewhat less cheerful picture on the GDP growth front for these years. However, the new methodology of changed base year (2011-12) with the latest data sources and improved coverage has bumped up...
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Ahead of 2019 polls, govt slashes GDP Growth Rate during UPA era
-PTI NEW DELHI: The government on Wednesday lowered the country's economic Growth Rate during the previous Congress-led UPA regime, shaving off over 1 percentage point from the only year when India posted double-digit GDP growth post liberalisation and from each of the three years with 9-plus per cent expansion. Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office (CSO) estimated that India's GDP...
More »Demonetisation a massive, draconian, monetary shock: Arvind Subramanian
-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed...
More »Setting a proper diet plan -Shailender Kumar Hooda & Rabiul Ansary
-The Hindu To tackle malnutrition, food prices must be regulated and the PDS strengthened in both developed and poor States Despite being one of the fastest growing economies in the world, India has been ranked at 103 out of 119 countries, with hunger levels categorised as “serious”, in the Global Hunger Index 2018. Strikingly, in July, three girls died of starvation resulting from prolonged malnutrition in the national capital Delhi, which has...
More »18.6 million without jobs in India this year, unemployment rate to stand at 3.5 per cent in 2019
-India Today According to its latest report by ILO, India has an estimated 18.6 million jobless in the country this year which will increase to 18.9 million in 2019 Many would argue that the core objective behind education is to gainful employability. They are not far from the truth. Indeed, many organizations that evaluate the return on investment in education do so on the basis of the employability quotient. The data with regard...
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