"The final estimates in agriculture are much higher. It could be 3.5 per cent in the revised estimates," statistics and programme implementation secretary Pronab Sen said on Thursday, a day ahead of release of GDP growth figures for FY'08.
The Ministry of Statistics and Programme Implementation (MOSPI) is in talks with the Department of Posts to take the help of its staff in collecting sample data for the proposed Consumer Price Index for Rural India (CPI-R). The data for the index would be collected from 1,000 villages, Chief Statistician of India Pronab Sen said on the sidelines of a national seminar on the results of the 61st round of the National Sample Survey.
The funeral will take place on Wednesday, the Vatican said.
Subramanian's paper comes at a time when concerns have been raised in various quarters about the official economic growth numbers. The Economic Advisory Council-PM said the Base Year of India's income calculations were shifted to 2011-12 on the basis of recommendations of several committees with experts in national income accounting.
'China need not worry about a truly 'resurgent India'.' 'It's not going to happen.'
The overall consumer food inflation in August fell to 5.91 per cent as against 8.35 per cent in July
The pace of retail price rise in January 2016 is the highest since 6.46 per cent in September 2014.
The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses
A two-member team set up by EC to probe the appointments following complaints by Bharatiya Janata Party said in its report that the appointments to various posts came much after the model code of conduct came into effect.
Experts said a dip in consumption expenditure indicated an increasing prevalence of poverty in the country.
Our Rediff labs team analysed 2014 data from the Ministry of Statistics and Programme Implementation on the participation of women in decision making at administrative levels in India in three different sectors.
Piyush Goyal, who held the post of finance minister when Arun Jaitley was undergoing treatment, told the Confederation of Indian Industry's annual session: "All stakeholders, including the RBI, should introspect on their respective roles (on low economic growth)."
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.
The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for vegetables.
Retail inflation in pulses and products category rose to a staggering 42.20 per cent in October.
The government has said it is constantly working towards reviewing the improving the MPLAD scheme.
The government would use Simputers, the indigenously-developed simple computer, in surveys and data collection, Oscar Fernandes, the minister of state for statistics and programme implementation, said on Monday.
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.
Review shows delay in 258 of 646 projects.
The West Indies' Cricket Board hit back at its detractors, insisting it is trying to find ways to keep its best players competing for the national team.
A day after masked goons entered Jawaharlal Nehru University and ran riot, injuring over 36 people with sticks, lathis and hammers, noted economist and professor C P Chandrasekhar resigned from a Narendra Modi government-appointed committee on statistics. The committee was set to hold its first meeting to review India's economic data. In his resignation letter, Professor Chandrasekhar wrote, "I regret to inform you that because of the situation in JNU where I stay, I will be unable to attend tomorrow's meeting." He was also quoted as saying, "The JNU's incident on Sunday has further undermined the faith in the system. It shows that we are now living in a different world and it's hard to work with a government in which you have lost faith."
The average monthly per capita consumer expenditure in the country was Rs 554 for the rural areas, while for urban India it was Rs 1,022 according to the National Sample Survey, the Lok Sabha was informed on Wednesday.
Ford Motor Company expects its sourcing of components from India to double or even treble in the next few years, a top official of the company's Indian subsidiary said on Wednesday.\n\n\n\n
The employment rate in the country declined marginally from 39.2 per cent to 38.6 per cent between 2009-10 and 2011-12, the Rajya Sabha was informed on Wednesday.
Food inflation was 7.79 per cent last month, higher than a revised 7.47 per cent in May
Slowdown in industrial production notwithstanding, a marginal increase in inflation raised the clamour for another round of rate cut by the Reserve Bank on April 4 to boost economic activity.
Powered by the high growth of the manufacturing sector, industrial growth touched 7.6 per cent during the first quarter of the current financial year as against 5.7 per cent during April-June, 2003.
The per capita income of Indians continued its climb up the ladder, increasing 11.1 per cent in 2004-05 to Rs 23,308 (at current prices) compared to Rs 20,989 in 2003-04.
Take a look at the map to see just how green is your area?
Retail inflation rises to 4.41% in Sep on dearer food items
The DMK parliamentary party appears to be a house divided, reports R Rajagopalan.
India's per capita income, a gauge for assessing standard of living, for 2013-14 is up at Rs 6,699 per month for 2013-14 as against the earlier estimate of Rs 6,198.33 after the government updated the base year for measuring national accounts.
Concerned with the continuous downward revision, the EPFO has since last month begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll.
Women entrepreneurs view the world through different lenses, hence, execute things differently, says Mohana Nair.
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