'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
According to a report in the Dawn newspaper, 22 constituencies with a greater number of rejected votes than the margin of victory fell in Punjab, with one each in Khyber Pakhtunkhwa and Sindh province.
Such private universities are empowered to award general degree programmes without the specific approval of the UGC, the official said.
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.
Reserve Bank of India Deputy Governor Viral Acharya is the eighth economist to quit since the Modi government took office.
The revision in base year of India's national accounts will increase the size of the economy to Rs 111.7 trillion in FY14, India Ratings (Ind-Ra) said on Wednesday.
Data reveals that India issued only 5,709 tourist visas during this year's January 1 to November 2 period, reflecting a staggering 91 per cent decrease compared to the entire year of 2022.
The most important institutions have been and are being undermined with almost no resistance, warns Aakar Patel.
Releasing the survey report after taking into account the expert committee recommendations, Statistics Secretary Pravin Srivastava told reporter, "It is a new design and a new matrix. It would be unfair to compare it with the past. This 45- year high is your interpretation. I don't want to claim that it is 45-year low or high."
Constituencies that are going to the polls in the first phase, slated for April 19, have just 19 days for campaigning. Contrast that with those going to polls in the 7th phase, notes N Sathiya Moorthy.
Andhra Pradesh posted 8.14% consumer inflation in October.
Experts said a dip in consumption expenditure indicated an increasing prevalence of poverty in the country.
New body to replace Plan panel might retain 40% of existing staff
'The kind of situation we are seeing...we don't believe that this can happen in a settled democracy like India'
The 14-member task-force will develop a working definition of poverty.
Most economists were of the view that the NSSO should release the data, as any move to withhold it will dent the image of country's statistical system.
There are justifiable concerns that, if all financial allocation powers are now shifted to the finance ministry, then the end of the Commission might be counter-productive -- states' needs could, in fact, be addressed less.
The problem of unemployment is spread across the economy.
'I'm talking about that predator in your house, and how one should protect one's children from him.'
Chosen for the country's highest civilian award Bharat Ratna a day ahead of his birth anniversary, Karpoori Thakur has been the veritable 'Jan Nayak' or people's hero of politics in Bihar, whose legacy parties cutting across ideologies seek to claim.
The revision of the consumer price index and GDP base years from 2011-12 and 2012, respectively, were dependent on the outcomes of the consumer expenditure survey of 2017-18 that the government decided to junk recently.
Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office estimated that India's GDP grew by 8.5% in the financial year 2010-11 and not at 10.3% as previously estimated.
According to the final recommendations of an expert committee, the weight of primary (unprocessed) food items will go down by 0.5-1.0 percentage points in the new series compared to the current one
It is high time to rethink the entire recruitment process for the civil services, the Department-related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice opined in its latest report.
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The CPI(M) on Thursday slammed the Planning Commission estimates on poverty levels in the country, saying these made "a mockery of life and death struggles" of the people, amidst continuous rise in prices and "massive" slashing of subsidies for the poor.
'The government should act proactively to instil confidence in the private investors, and also boost the purchasing power of people directly or indirectly by ensuring minimum wages.'
If Saudi Arabia, with just two Muslim holy sites of Mecca and Medina, can create a huge tourism-based ecosystem beyond oil, Ayodhya is sure to become the world's hottest religious tourism site in less than a decade, predicts R Jagannathan.
India's informal economy and service sector accounts for over three-fifths of its $1.8 trillion economy.
The panel finds 'discrepancy' in the Annual Survey of Industries data.
I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.
The common man in India is bogged down by corruption and there is a need to fix accountability at all levels, the Supreme Court observed on Friday as it dealt with a petition seeking debarment of those against whom charges have been framed in criminal cases from contesting elections.
'How low GDP would have been, we don't know.' 'It raises serious questions because so many indicators are pointing to such a sharp decline and GDP estimates are still showing 4 per cent growth.'
This time there has been a rather peculiar criticism of the latest GDP numbers.
But the ISI chief did not retire giving the impression that he has won General Asim Munir's trust, notes Rana Banerji who headed the Pakistan desk at RA&W.
Even if the new body focuses on long-term planning, it is unlikely to do so through five-year Plans.
From the voter-level, traditionally anti-BJP, anti-Hindutva minorities and other secular voters would have an option, especially in the face of the mounting anti-incumbency against the ruling party -- as it happened in the 2001 assembly polls, points out N Sathiya Moorthy.
The population is important and so is the talent, he said about China, the world's second-largest economy after the United States.
Data show 75 per cent of the girls in 2011 were those who did not contribute to any economic activity (termed as non-workers by Census) -- these could include students, those involved in household chores, beggars, or those not helping in even unpaid work in the family, etc.
RBI Governor Raghuram Rajan has noted the contradiction.
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In 2008-09, the economy grew at 6.7 per cent despite poor farm sector growth of 0.4 per cent.
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