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The pandemic in data: How Covid-19 has devasted India's economy


The pandemic in data: How Covid-19 has devastated India’s economy
The sharp drop in GDP is the largest in the country’s history – and even that may well underestimate the economic damage experienced by the poorest households.
15 hours ago
The children of migrant workers at a bus stop in Ghaziabad on April 20 as the Delhi government ordered a lockdown to prevent the spread of Covid-19.
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Adnan Abidi/Reuters
From April to June 2020, India’s GDP dropped by a massive 24.4%. According to the latest national income estimates, in the second quarter of the 2020-’21 financial year (July-September 2020), the economy contracted by a further 7.4%, with the third and fourth quarters (October 2020-March 2021) seeing only a weak recovery, with GDP rising 0.5% and 1.6%, respectively. This means that overall rate of contraction in India was (in real terms, adjusted for inflation) 7.3% for the whole 2020-’21 financial year. ....

Uttar Pradesh , International Monetary Fund , Consumer Pyramids Household , International Labour Organization , London School Of Economics , World Bank , Institute For Health Metrics , Consumer Pyramids Household Survey , University Of Washington , National Sample Survey Organisation , Centre For Economic Performance , From April , Economic Contraction , Emerging Market , Developing Economies , Middle Income Countries , World Economic Outlook Database April , International Monetary , Fiscal Monitor Database , Country Fiscal Measures , Pyramids Household Survey , Monthly Consumption , Household Consumer Expenditure , Individuals Who Are Below , Poverty Line , Middle Quintiles ,

"Bias it is": CMIE chief's defence of CPHS survey elicits fresh critical response from Jean Drèze, Anmol Somanchi


› Bias it is : CMIE chief s defence of CPHS survey elicits fresh critical response from Jean Drèze, Anmol Somanchi
Bias it is : CMIE chief s defence of CPHS survey elicits fresh critical response from Jean Drèze, Anmol Somanchi
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Bias it is : CMIE chief s defence of CPHS survey elicits fresh critical response from Jean Drèze, Anmol SomanchiET CONTRIBUTORS
Last Updated: Jun 27, 2021, 03:36 PM IST
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Synopsis
The representativeness of CPHS data cannot be assumed from the survey methodology. It must be scrutinised through comparisons with other credible sources, the two economists said.
AP
This is not to dispute the value of CPHS as a large-scale, regular national survey or to ignore the difficulties of executing such a survey, say Drèze and Somanchi. ....

Sri Lanka , Sanjay Kumar , Centre Consumer Pyramids Household Survey , Centre For Monitoring Indian Economy , Periodic Labour Force , Centre For The Study Of Developing Societies , National Family Health , Csds Lokniti National Election , Mahesh Vyas , Monitoring Indian Economy , Consumer Pyramids Household Survey , National Family Health Survey , Developing Societies , National Election Survey , National Family Health Surveys , Periodic Labour Force Surveys , Cmie Chief , Jean Dr Egrave Ze , Jean Dr Ze , Cmie Survey , Cmie Pyramids Survey , ஸ்ரீ லங்கா , சஞ்சய் குமார் , மையம் க்கு கண்காணிப்பு இந்தியன் பொருளாதாரம் , குறிப்பிட்ட கால இடைவெளியில் தொழிலாளர் படை , மையம் க்கு தி படிப்பு ஆஃப் வளரும் சமூகங்கள் ,

View: It's time for CMIE to rethink how they determine labour market data