The finance minister hit back at Congress criticism and stressed that the revision of GDP is a conventional exercise carried out by a credible institution like the CSO.
Sudipto Mundle was the economist behind first back-series GDP report that showed higher growth during UPA. He says CSO will just have to explain new numbers.
Chief Statistician Pravin Srivastava along with Niti Aayog Vice-Chairman Rajiv Kumar said variation was due to recalibration of data in certain sectors of the economy.
PM Modi’s visit to Japan comes at the right moment to recalibrate a relationship long described as “natural” but left underutilised. We must free it from the warm and fuzzy comfort of nostalgia
A public meeting, where the women voiced their protest, took place this month in Delhi, grounded on the findings of an AIDWA survey, covering 9,000 women borrowers.
Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
SBI does not need to worry unduly about official statistics, which are proving to be as capricious as England’s weather. It has a wealth of data about its own business record to date, amounts advanced and recovered to different sectors, profitability, write offs, the rise and decline of different sectors of the economy, the changing proportions of corporate and retail loans in its portfolio. For a while, when the world did not trust Chinese government statistics, they learnt to assess the state of its economy based on metrics that were hard to fudge, like growth of electricity consumption.
SBI does not need to worry unduly about official statistics, which are proving to be as capricious as England’s weather. It has a wealth of data about its own business record to date, amounts advanced and recovered to different sectors, profitability, write offs, the rise and decline of different sectors of the economy, the changing proportions of corporate and retail loans in its portfolio. For a while, when the world did not trust Chinese government statistics, they learnt to assess the state of its economy based on metrics that were hard to fudge, like growth of electricity consumption.