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Currency

How relevant is data, experts ask, as India’s GDP forecasts swing wildly under Covid impact

The pandemic will make the task of data collection tougher as many numbers won’t be backed by hard data, and this will lead to difficulties for policymakers, say experts.
People wearing masks | Prashanth Vishwanathan | Bloomberg India

How badly has coronavirus hit India’s services sector? Q4 GDP data will tell us today

Businesses providing services of everything from technology to travel & trade were the first to be hit when govt announced the lockdown.
Former Chief Economic Advisor Arvind Subramanian addresses a press conference in New Delhi | PTI

Had flagged concerns about GDP estimates even when I was in govt, Arvind Subramanian says

Subramanian says concerns he raised last month that growth may have been overestimated were flagged immediately after the new estimates were released.
Encephalitis deaths

T Sundararaman finds NITI Aayog’s health index faulty, Manish Sabharwal has problems with bankruptcy code

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.
Representational image | Photo: Flickr

Satyarthi on cybersex, Panagariya on ‘sensationalising’ GDP figures, Palshikar on majoritarianism

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.
Illustration by ThePrint.in

When did India’s slow growth become a stick to beat Hindu religion with? Long ago

Ex-CEA’s report on growth rate plays into politicisation of economic debate, which is fast turning communal with Hinduphobia driving the forces.

Chandrayaan 2 in Jawaharlal Nehru’s world, and table-toppers at ICC World Cup

The best cartoons of the day, chosen by the editors at ThePrint.
Arvind Subramanian

Modi govt denies Subramanian’s claims, says GDP estimates based on accepted methodologies

In a new research paper, former CEA Arvind Subramanian found that India’s GDP growth was overestimated by 2.5% between FY12 and FY17.
GDP

India’s slowdown: Blame faulty GDP data or should policymakers have used other indicators?

Former CEA Arvind Subramanian has said methodological changes led to overestimating GDP growth by 2.5 percentage points per year between 2011-12 & 2016-17.
P.C. Mohanan

India’s statistics panel should be free, have legal backing: Ex-chief who quit in protest

Former National Statistical Commission chief P.C. Mohanan says the body should be given statutory powers so that people listen to it.

On Camera

Xi Jinping Wuhan

US’ decoupling from China has begun. Modi govt must work to minimise India’s losses

Modi govt does not appear to recognise that international politics is spiralling towards a ‘soft war’ where all issues are linked to security and political interests.
Indian currency

Troubled NBFCs begin to show signs of revival after stimulus

Sound health of NBFCs is vital because they form backbone of Indian economy in lending to wide range of borrowers from small merchants to business giants.

Defence

IAF chief R.K. Bhadauria takes a sortie in HTT-40 last November | Twitter | @HALHQBLR

Defence Ministry clears purchase of indigenous basic trainer aircraft, upgrade of Israeli UAVs

HAL acquisition among projects worth Rs 8,722.38 crore to be cleared. The upgrade of Israeli Heron UAVs will include arming them, a need being pushed due to stand-off with China.
Illustration: Soham Sen | ThePrint

Modi redefined secularism with Ram Mandir as Hindu voters were fed up of Sonia-Left version

Assumptions that Indian secularism died with Ram Mandir bhoomi pujan are bunk. It is enshrined in the Constitution, and is worth preserving.