Claims of spike in poverty in India during COVID-19 patently false, says paper co-authored by Arvind Panagariya

Claims of spike in poverty in India during COVID-19 patently false, says paper co-authored by Arvind Panagariya

Claims of a spike in poverty and inequality in India during the COVID-19 pandemic are patently false as such claims are based on uncomparable different surveys, according to a paper co-authored by eminent economist Arvind Panagariya. The paper also noted that inequality fell in the country during Covid years, both in rural and urban areas […]

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Data | Another government survey debunks Swachh Bharat’s 100% ODF claim, count increases to four

Data | Another government survey debunks Swachh Bharat’s 100% ODF claim, count increases to four

Out in the open: People walk to defecate in the open in the morning on the banks of the River Ganges in Prayagraj in 2019. Million Indians, especially in rural areas, continue to defecate in the open, despite efforts to encourage people to change their habits. | Photo Credit: Rajesh Kumar Singh Yet another recently […]

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Rupee declines 20 paise to 82.71 against U.S. dollar in early trade

Rupee declines 20 paise to 82.71 against U.S. dollar in early trade

A customer hands Indian currency notes to an attendant at a fuel station in Mumbai. | Photo Credit: Reuters The rupee depreciated 20 paise to 82.71 against the U.S. dollar in early trade on Tuesday due to unabated foreign fund outflows from domestic capital markets. However, a positive trend in equity markets and a weak […]

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Manufacturing shrinks, slowing Q2 GDP growth to 6.3%

Manufacturing shrinks, slowing Q2 GDP growth to 6.3%

Image for representation purpose only. | Photo Credit: Reuters Manufacturing and mining output contracted year-on-year in the July-September quarter, dragging Gross Value Added growth to a slower-than-expected 5.6%, which together with high inflation and weak exports combined to slow overall Gross Domestic Product (GDP) growth to a 6.3% pace, as per estimates released by the […]

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Inflation accelerates to 7.41% in September 2022, highest since April

Inflation accelerates to 7.41% in September 2022, highest since April

September food inflation quickens sharply to 8.41%, the steepest level in 22 months; economists warn that the negative surprise could spur more rate increases from the Reserve Bank of India September food inflation quickens sharply to 8.41%, the steepest level in 22 months; economists warn that the negative surprise could spur more rate increases from […]

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ESIC scheme adds 15.72 lakh new members in July: Report by National Statistical Office

ESIC scheme adds 15.72 lakh new members in July: Report by National Statistical Office

According to the report, net new enrollments with retirement fund body EPFO stood at 18.23 lakh in July 2022. According to the report, net new enrollments with retirement fund body EPFO stood at 18.23 lakh in July 2022. “Around 15.72 lakh new members joined the ESIC-run social security scheme in July 2022,” according to official […]

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Three-day training for household consumption expenditure survey begins today

Three-day training for household consumption expenditure survey begins today

A three-day regional training camp for the officers selected for the household consumption expenditure survey conducted by the National Statistical Office (NSO) will begin at Calicut Tower here on Monday. Minister for Ports Ahamed Devarkovil will open the training programme. According to a communication issued by the NSO officials here on Sunday, the information gathered […]

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Explained | Are the unemployment numbers reliable? 

Explained | Are the unemployment numbers reliable? 

What are some of the issues in the Periodic Labour Force Survey data being flagged by economists and experts?    What are some of the issues in the Periodic Labour Force Survey data being flagged by economists and experts?    The story so far: On June 14, the National Statistical Office (NSO), which functions under […]

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