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Modi govt needs to fix not just economy but how economic data is calculated

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With fresh questions about the way GDP is calculated, the credibility and reliability of Indian datasets has come under a cloud, while raising concerns of an acute growth slowdown. Policy actions are dictated by macroeconomic indicators, making it even more imperative for government to urgently fix the Indian statistical system.

SC sends message to politicians through Kanojia — stop overreacting, focus on your work

Supreme Court bail to Prashant Kanojia saying the right to liberty is fundamental, non-negotiable is a strong message to leaders. Official overreaction to social media posts and memes in the name of defamation has become an epidemic. Politicians are elected to focus on governance delivery not clamp down on tweets.

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  1. Given the large extent of the informal economy, compilation of statistics and official data has always been a problem. We cannot hope for the exactitude that is possible in the US or Europe. However, fudging the data, applying lipstick and mascara, is a recent innovation. It just needs to stop.

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