The new numbers show India's economic growth rate averaged 6.7 per cent during the Congress-led United Progressive Alliance regime as compared to 7.3 per cent under the present government. Previous numbers had put the average growth rate during the 10-year UPA rule at 7.75 per cent.
With the two members quitting, the NSC now has only two members -- Chief Statistician Pravin Srivastava and NITI Aayog CEO Amitabh Kant.
Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.
No one expects the government to publicly concede policy mistakes. But it can shed denial; and, stop the point-winning debating style to the formulation of public policy, says Rahul Khullar.
SBI data shows the per-capita payouts for scheme have shot up this year.
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
The greatest disconnect lies in the estimates of industrial growth.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
Experts say it will make GDP growth target of 5.7-5.8% difficult to achieve, while ministries feel late resurgence will help in sowing of rabi crops.
It is pegged at 6.8-8% by various economists, as compared to 6.7%.
'A lot will depend on the first Aayog and the power it derives.'
It is not a good idea to take the line that since demonetisation happened in the third quarter, everything that happened then was a consequence of that, says Chief Statistician TCA Anant.
Between 2001 and 2011, the number of rural habitations with population of less than 1,000 has declined sharply
'Only the coming years will tell whether the government finds this an easy way of relieving itself from its fiscal constraints.'
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
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