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NSSO Questions Quality of Key Database Now Used to Calculate GDP

-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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Data gaps in GDP calculation will be resolved: Govt

-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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The gender ladder to socio-economic transformation -Divita Shandilya

-The Hindu More than a ‘more jobs’ approach, addressing structural issues which keep women away from the workforce is a must India is in the middle of a historical election which is noteworthy in many respects, one of them being the unprecedented focus on women’s employment. The major national parties, the Bharatiya Janata Party and the Congress, have reached out to women, and their respective manifestos talk of measures to create more...

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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)...

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Cash transfers are fine, but low prices are the problem: Farmers -Jayanta Roy Chowdhury

-The New Indian Express As low prices continue to plague millions of farms all over the country, farmers and their leaders say cash transfers are fine, but main issue is agricultural prices which make farming unremunerative. NEW DELHI: Ishwar Singh is a worried man. The furrows in his brow below his once white turban have deepened. He planted onions in his two-acre farm near Sonepat this winter and got what he believed...

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