N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report to the National Statistical Commission, explains to Abhishek Waghmare various aspects of the methodology.
Data on the new series given by a panel on real sector statistics shows that GDP grew by 10.23 per cent in 2007-08 and 10.78 per cent in 2010-11. There are some years for which the new figures show a deceleration in growth as well. The new series has 2011-12 as the base year while the earlier series had 2004-05 and 1993-94.
Given the intensity of the rain, at least a third of this crisis could have been averted, had Tamil Nadu heeded Kerala's requests.
Pravin Gaikwad, the state coordinator of Maratha Kranti Morcha, has two rare qualities: he has an unparalleled connect with people from his community and, at the same time, underpins his ideology on a strong analytical base.
India is also short of about a thousand colleges.
Officials say that such a list, to be updated on a real-time basis, will serve as a ready reckoner in identifying those committing multiple economic offences
Chinese manufacturers are re-routing their products through the markets of other countries that India has Free Trade Agreements with.
Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.
A representative of the Confederation of ATM Industry said ATM players were not consulted about the move and they received the news via media platforms.
The review will not only present data, trends but also list out the achievements of the Narendra Modi government
India usually exports around 100,000 tonnes of skimmed milk powder annually, but the drop in international milk prices has forced it to cut exports
The sample size of 8,100 farmers across 19 states has not changed in the last three decades, and the methodology of the sample survey too remains unchanged
Centre working on open-ended lease agreement to enablesale of property at the end of the agreement period
Performance-based incentives were recommended by the 13th Finance Commission, but omitted by the 14th Finance Commission
While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.
Demonetisation is the biggest reason for the rise in preference for small savings.
The reason for the EPE's relatively low volume of traffic may lie in the lack of adequate safety measures, especially after sundown. Barring intermittent patches, the highway has no street lights.
Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed
The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
Higher oil prices, while not having an impact on Centre's revenues due to fixed tax rate, are pushing up states' sales tax revenue.
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