India's GDP grew at higher pace under Manmohan Singh than Modi, Vajpayee: Report

By Jag Jivan
A recently-released Report of the Committee on Real Sector Statistics, published by the Ministry of Statistics and Programme Implementation, Government busted the myth that the rate of economic growth under Prime Minister Narendra Modi has been higher than the earlier two terms of the UPA government headed by Manmohan Singh.
The report has made available Gross Value Product (GDP) data 1993-94 onwards, calculated on the basis of the new series, implemented in January 2015, which show, according to expert calculations, that India's GDP annually grew on an average at 8.34% and 7.67% under Singh's two terms as Prime Minister, in 2004-05 to 2008-09 and 2009-10 to 2013-14, respectively.
The calculations further show that under the two phases when the BJP-led governments -- under AB Vajpayee and Modi -- the average growth rate was 5.73% per annum (1998-99 to 2003-04) and 7.34% (2014-15 to 2017-18).

Average annual growth rate

The new series calculated GDP at 2011-12 prices, and till the publication of this report, there was no way one could make reasonable comparisons between different phases of government rule. "Given this, economic growth (as measured by GDP growth) could only be measured from 2012-2013 onwards", says Vivek Kaul in an email alert of his diary published by the Equitymaster Agora Research.
"In simple terms, there was no data available which would allow us to calculate GDP growth for the pre-2012-2013 period. If I were to put it slightly more dramatically, suddenly India had no economic history, at least in data terms", he adds.

Beyond the 'silent relocation' narrative in Bangladesh's Chittagong Hill Tracts

By Dr. Mohammad Asaduzzaman* In recent years, a narrative has emerged from the rugged and forested terrain of the Chittagong Hill Tracts (CHT), portraying the region as the site of a “silent relocation” — a mass forced migration of Bangladesh’s non-Muslim ethnic communities into neighboring India and Myanmar.

Ram, Bam and Bengal: Memories of a Left turn toward the Right

By Rajiv Shah The BJP ’s massive electoral win in West Bengal is being interpreted across political persuasions — except, of course, by the BJP itself — as the result of the alleged deletion of around 90 lakh voters from the electoral rolls during the controversial intensive revision process. This may well be true, given my own experience in Gujarat regarding the shoddy manner in which electoral revisions have often been conducted. In West Bengal, there also appeared to be a political angle to the exercise. But I am not interested in discussing that here, as enough has already appeared in the media on the subject.

The farmer's burden: How oil, war, and climate are rewriting the price of food

By Vikas Meshram The scorching flames of the Middle East conflict are now slowly reaching the kitchens of ordinary people. The true price of this war is paid in daily markets, vegetable shops, and in the shattered minds of farmers. Expensive crude oil, skyrocketing fertilizer prices, and rising agricultural costs are together creating the conditions for global food inflation — and this crisis is directly tied to what people eat and drink every day.

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