This pretty much, it became impossible to read anything else on the thread, and the amount of tweets, youtube videos slowed down the browser too. Thread is so much cleaner now.
Indian Political Corner | All Updates & Discussions.
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ashok321
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Modi will be comatose that day boy!
What about BJP offering bribe to its opponents (MLAs) to join them, as in Arunachal?
Modi's BJP to lose its footprints in Punjab:
India's GDP growth in FY16 wa
Priyanka Kishore, Lead Asia Economist at Oxford Economics tells Business Today why India's GDP may well not be 7 per cent. Excerpts from an interview.
What were the reasons that prompted you to relook at India's growth numbers?
India announced a revamped GDP series in early 2015, based on the requirements of the 2008 System of National Accounts (SNA). The new method made substantial changes to both the estimation and reporting of GDP. Prima facie, these are positive changes. But they have pushed India's growth rate to 7 per cent from 5 per cent overnight. Such a large change is puzzling, especially as it is not corroborated by trends in other economic indicators.
In what areas did you find major discrepancies? How and why?
The mis-measurement appears to be most pronounced in the manufacturing sector. Our bottom-up indicator for industry value added suggests that manufacturing has been growing at an annual average rate of 3 per cent between 2013 and 2016, and not the 5.5 per cent pace that the national accounts indicate. Services growth is also overstated, but to a lesser extent than manufacturing.
Is this the first time that authenticity of GDP data released by the Indian government is under the scanner? If so, why? What is really going wrong with the calculation?
The new GDP data has several puzzling characteristics. At an aggregate level, the series shows a moderation in nominal GDP growth over the last five years. However, this is not matched by the real GDP data, which show a clear pick-up. Part of the problem is down to the construction of the deflators. India's deflators are more aligned to wholesale prices (WPI) and, thus, tend to exaggerate decline in prices when the WPI is contracting. This is especially true for services, where prices are elevated and sticky according to the CPI. In fact, services are not even covered by the WPI. Yet, the services deflator indicates a high correlation with the latter.
×Moreover, there is a clear dissonance between the national accounts and on-the-ground evidence, particularly for the manufacturing sector. Some discrepancy between the IIP and GVA (gross value added) manufacturing is likely. Firstly, IIP is a volume index. Secondly, the IIP is based on Annual Survey of Industries (ASI), while manufacturing GVA is calculated on a broader MCA 21 database. The latter may also partly account for the difference in the old and new manufacturing growth figures. The SNA System of National Accounts 1993 estimated manufacturing growth based on IIP and ASI. But the substantial divergence between the output of key industries, IIP and the new GVA manufacturing is striking. And raises some important questions about the veracity of manufacturing estimates that are not convincingly explained by just a shift to a broader company database
As per your research, what is the GDP growth like in FY 16? And what will be the projected GDP growth like for FY 17?
Our bottom-up estimate yields a growth rate of 5.8 per cent for India in FY16, as opposed to the official figure of 7.6 per cent. Moreover, we find that India's growth slowed substantially between FY15 and FY16, while the national accounts show a mild pick up.
From a top-down perspective, which is based on the national accounts, we expect growth to moderate in FY17 because of the outsized role played by "discrepancies" in the previous year. But aside from that, the underlying dynamics point towards a possible improvement in the growth picture.
What are the reasons why Indian growth slipped between FY 15 and FY 16?
The deceleration is largely because of the manufacturing sector, which we think grew at less than half the rate indicated by the national accounts. While services growth also moderated, the divergence from the headline statistics was not as marked.
What will be the sectors that will do well in FY 17?
Indicators for consumption and services show that the key drivers of the economy may now be picking up speed. The evidence for manufacturing and investment is still patchy - but the low point has probably been passed.
Javadkar denies, but what about Youtube?
The forum itself is a den of ex pak security establishment people majority of whom have their true identity consciously hidden so anything's possible imho .
IndoCarib
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Hardik Used Quota Stir To Become Leader, Amass Wealth: Former Aides
Patidar quota stir spearhead Hardik Patel used the agitation as a tool to satisfy his ambition to emerge as a leader and has become a "crorepati" within one year of launching the movement, two of his former aides have claimed.
http://www.ndtv.com/india-news/hard...come-leader-amass-wealth-former-aides-1448898
Patidar quota stir spearhead Hardik Patel used the agitation as a tool to satisfy his ambition to emerge as a leader and has become a "crorepati" within one year of launching the movement, two of his former aides have claimed.
http://www.ndtv.com/india-news/hard...come-leader-amass-wealth-former-aides-1448898
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AAP govt drags its feet on special prosecutors
In the light of the rising number of cases of sexual assault on minors, the Aam Aadmi Party (AAP) government has gone as far as demanding immediate control of the Delhi Police, but seems to be dilly-dallying when it comes to handling such cases and ensuring speedy justice.
Section 32 of the Protection of Children Against Sexual Offences (POCSO) Act makes it obligatory on the State government to appoint special public prosecutors (SPPs), who can handle cases registered under this Act only.
But rather than honouring the law, the AAP government has appointed already existing additional public prosecutors as SPPs for POCSO cases.
http://www.thehindu.com/news/cities...eet-on-special-prosecutors/article9016116.ece
In the light of the rising number of cases of sexual assault on minors, the Aam Aadmi Party (AAP) government has gone as far as demanding immediate control of the Delhi Police, but seems to be dilly-dallying when it comes to handling such cases and ensuring speedy justice.
Section 32 of the Protection of Children Against Sexual Offences (POCSO) Act makes it obligatory on the State government to appoint special public prosecutors (SPPs), who can handle cases registered under this Act only.
But rather than honouring the law, the AAP government has appointed already existing additional public prosecutors as SPPs for POCSO cases.
http://www.thehindu.com/news/cities...eet-on-special-prosecutors/article9016116.ece
ashok321
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Section 32 of the Protection of Children Against Sexual Offences (POCSO) Act makes it obligatory on the State government to appoint special public prosecutors (SPPs), who can handle cases registered under this Act only.
Which Delhi is not, according to none other than Mr. Null & Void Modi in the Court, who has been fighting this issue vigorously & vehemently against Delhi.
However, it was a different matter, before the elections, wherein their mandate claimed statehood for Delhi, if got elected.
Lol at na samjhdhar, gullible & naive bache here...
Lol.
So true!
http://www.dnaindia.com/india/colum...ts-an-elected-cm-over-an-unelected-lg-2247877
Jung v/s Kejriwal: Delhi HC verdict has erroneously turned back the constitutional clock
Which Delhi is not, according to none other than Mr. Null & Void Modi in the Court, who has been fighting this issue vigorously & vehemently against Delhi.
However, it was a different matter, before the elections, wherein their mandate claimed statehood for Delhi, if got elected.
Lol at na samjhdhar, gullible & naive bache here...
Lol.
So true!
http://www.dnaindia.com/india/colum...ts-an-elected-cm-over-an-unelected-lg-2247877
Jung v/s Kejriwal: Delhi HC verdict has erroneously turned back the constitutional clock
IndoCarib
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AAP sat on manjha ban as kids died
Three people, including two toddlers, died in the national capital after their throats were slit by Chinese manjha (razor sharp kite thread) last week. The incidents could have been avoided, but the Aam Aadmi Party (AAP) government played politics over the dead bodies and held Lieutenant Governor (LG) Najeeb Jung responsible for the tragedies.
The truth is that in 2015, then the environment minister of Delhi, Asim Ahmed Khan, sat on the file related to banning Chinese manjha across the city for over a year. The notification to ban Chinese manjha was prepared in May 2015 by then environment secretary Sanjiv Kumar and was approved by chief secretary K K Sharma. It was sent to Khan in June, who was to forward it to the LG. Khan held back the file as his government had challenged the LG’s authority.
http://www.newindianexpress.com/the...an-as-kids-died/2016/08/21/article3589251.ece
Three people, including two toddlers, died in the national capital after their throats were slit by Chinese manjha (razor sharp kite thread) last week. The incidents could have been avoided, but the Aam Aadmi Party (AAP) government played politics over the dead bodies and held Lieutenant Governor (LG) Najeeb Jung responsible for the tragedies.
The truth is that in 2015, then the environment minister of Delhi, Asim Ahmed Khan, sat on the file related to banning Chinese manjha across the city for over a year. The notification to ban Chinese manjha was prepared in May 2015 by then environment secretary Sanjiv Kumar and was approved by chief secretary K K Sharma. It was sent to Khan in June, who was to forward it to the LG. Khan held back the file as his government had challenged the LG’s authority.
http://www.newindianexpress.com/the...an-as-kids-died/2016/08/21/article3589251.ece
IndoCarib
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Man Booked For Making Objectionable Remarks Against Wrestler Sakshi Malik
Nadeem Nambardar made some objectionable comments against the Olympic bronze medalist and her religion. Mr Nambardar, in his Facebook profile, claims to be a Samajwadi Party worker. However, its district unit chief, Jaiveer Singh, said the accused does not have any links to the party.
http://www.ndtv.com/india-news/man-...arks-against-wrestler-sakshi-malik-1449132?fb
Nadeem Nambardar made some objectionable comments against the Olympic bronze medalist and her religion. Mr Nambardar, in his Facebook profile, claims to be a Samajwadi Party worker. However, its district unit chief, Jaiveer Singh, said the accused does not have any links to the party.
http://www.ndtv.com/india-news/man-...arks-against-wrestler-sakshi-malik-1449132?fb
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