Per capita income is a crude indicator of the prosperity of a country.
C P Chandrasekhar, who has served on key statistical panels in the past both as a chairman and member, said he was present in the campus when the ruckus broke out on Sunday and found the incident "disturbing" and "unprecedented", and that it further undermined the faith in the system. Somesh Jha reports.
Govt issues draft on new index calculation; other sectors to follow suit in phases.
With Indian statistics facing heavy criticism from all quarters in recent times, the Central Statistical Organisation (CSO), which is responsible for coordination of statistical activities in the country and evolving and maintaining statistical standards, will have to explore ways to reduce dependence on outsourced secondary data collection.
As many as 251 projects are delayed and 116 works were sanctioned without any commissioning schedule.
The government revised the economic growth rate for 2010-11 financial year slightly downto 8.4 per cent from the earlier estimate of 8.5 per cent.
Gauba took chargeafter incumbent Rajiv Mehrishi retired from service.
The figure was arrived based on a comparison with the annual all-India CPI index average for the whole of 2010.
Declining vegetable prices brought down the retail inflation to a 15-month low of 4.59 per cent in December and within the comfort zone of the Reserve Bank, government data showed on Tuesday. It is for the first time during the current fiscal that the Consumer Price Index (CPI) based inflation print is below 6 per cent or in the RBI's target range of 2 to 6 per cent. The central bank factors in the CPI-based inflation while arriving at its monetary policy. The inflation in December 2020 came down from 6.93 per cent in November, mainly on account of 10.41 per cent decline in vegetable prices over the year-ago period.
A look at six indicators shows all of them have collapsed from positive growth in April to contraction in September.
The agreement is subject to approval by the IMF management and consideration by its executive board, which is expected in early April.
Fruits, vegetables and eggs continued to witness deflationary trend during January this year, with their prices declining 4.18 per cent, 13.32 per cent and 2.44 per cent, respectively.
The data, to be compiled by the ministry of statistics and programme implementation, will bring out the proportion of population actively contributing to production of goods and services, also known as the labour force participation ratio, every quarter.
The Annual Survey of Industry, carried out by the Ministry of Statistics and Programme Implementation for the year 2008-09 shows that the growth in Gross Value Addition in the manufacturing industry nearly halved to 10.59 per cent from 20.12 per cent in 2007-08.
Facing embarrassment after throwing forward sharply different economic growth figures based on two different methodologies, the government will soon set the record straight on the pace of economic expansion.
The reshuffle in portfolios carried out by Prime Minister Manmohan Singh has apparently left some ministers unhappy, as some of them made their discontent clear through cynical remarks on Thursday. "I have forgotten that time (as a sports minister)...God has screwed my head in such a way that I can't look back and look forward." This is how M S Gill, who has been shunted out from the sports ministry to statistics and programme implementation, reacted.
Once seen as a spokesman of the government on internal security matters, Sriprakash Jaiswal was on Wednesday elevated to Cabinet rank and retained in the coal ministry. A three-time Lok Sabha member from Kanpur, Jaiswal's elevation to the Cabinet rank comes at a time when elections are scheduled in Uttar Pradesh, where he served as the state unit chief of the Congress. He has shed the portfolio of statistics and programme implementation.
Some of the big names who decided to roll out the yoga mat
Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.
Of the 23.9 million vaccinators who provide vaccination under the universal immunisation programme, 15.4 million will be used for Covid vaccination.
Congress President Sonia Gandhi on Saturday asked Minister of State for Coal, Statistics and Programme Implementation Sriprakash Jaiswal to make inquiries into the death of an 8-year-old Kanpur boy Aman Khan. The parents have blamed Prime Minister Dr Manmohan Singh's security for their son's demise and alleged that he died due to roadblocks erected during the prime minister's recent visit to Kanpur.
New chief statistician T C A Anant said on Monday hiking fuel prices was a better option than keeping them artificially low and widening the fiscal deficit, even as the Opposition organised a nationwide strike against the government's decision on Monday.
Wholesale price-based inflation, which dipped to sub-zero levels following the impact of the global crisis, has started firming up and rose to 7.3 per cent in December, 2009.
Gowda cited the Central government's directive, according to which hospitals have been asked to accept old currencies till November 24, but in vain.
Rs 7 lakh crore will be invested to develop for over 80,000 km of highways including Bharatmala project in the next five years
The government admitted to cost overruns to the tune of Rs 50,295 crore (Rs 502.95 billion) in 268 of 578 ongoing projects, but did not give details of the timeframe for implementation.
The services sector contributes the highest of around 54 per cent to the country's gross domestic product. At present, the WPI, which is released every week, contains prices of primary articles, fuel and manufactured products. Data from banking and transport services would be the first sectors to be covered on an experimental basis. The plan is to initially build a separate services index, which would be integrated into the WPI later.
Leading indicators suggest economic activity has been disrupted after demonetisation.
Strangely, no consolidated figures on infrastructure investments made on ground are ever disseminated by any official arm of the Government of India.
Sitharaman, who was holding the Commerce portfolio (Independent charge), was on Sunday promoted to the Cabinet rank as was Goyal.
Many feel that the money from their MPLADS should go directly to a district hospital in their respective constituencies rather than a central fund like PM CARES. Archis Mohan reports.
The government on Monday admitted in Rajya Sabha that almost half of 951 central sector projects are delayed resulting in cost overrun to the tune of over Rs 40,000 crore (Rs 400 billion).
The Gross National Income (GNI) at 2011-12 prices is now estimated at Rs 112.13 trillion as against Rs 112.14 trillion estimated earlier for 2015-16.
The technical report of the NSSO has generated controversy following its observation that as much as 36 per cent units forming part of MCA-21 database, used in computing GDP, could not be either identifiable or traceable in the field.
The dry-run was being conducted in state capitals in at least three session sites. Some states also included districts that are situated in difficult terrain or have poor logistical support, according to officials.
The finance ministry and Reserve Bank of India have reservations on the computation of inflation data on a monthly basis, a senior government official said on Thursday. Finance Minister P Chidambaram will have to meet the Reserve Bank to reach a consensus on the committee's suggestions to have a new series of WPI on a monthly basis, he said on the sidelines of a function to release the results of the Fifth Economic Census.
Rediff Labs shows the number of both domestic and foreign tourists visiting each state in 2015 and its growth rate.
The retail inflation, which is factored in by the RBI to arrive at its monetary policy, has been on decline since last month. The previous low was 5.54 per cent in November 2019. The government has asked the RBI to restrict the inflation around 4 per cent, with a margin of 2 per cent on the either side.
Currently, the retail inflation is well below the RBI's comfort level. The government has asked the central bank to keep inflation in the range of 4 per cent.
The NSSO had enumerated 79,306 households in rural areas and 45,374 in urban regions.
