Wednesday, August 23, 2017

Zhou En Lai understood, so China is richer.

A Nageswaran was confused while researching government websites trying to find whether India allows visa on arrival for tourists. One site clearly mentions the names of 11 countries whose citizens are offered this courtesy at 8 airports in India. However, the Ministry of Home Affairs site says that only 4 airports have this facility but Chennai airport officials said that only Japanese nationals are allowed visa on arrival. Naturally, the report of the Fourteenth Finance Commission could not be retrieved from its own website or that of the Ministry of Finance and the 2 websites of the MoF look different. "Digital India is an enterprise for India's transformation on a scale that is, perhaps unmatched in human history," lectured the Prime Minister at Silicon Valley, in the US, in September 2015. What is the point of wrong information provided digitally? We do not have any reliable data about employment in India, wrote R Singhal. "One set of numbers claims the current phase of economic growth as jobless. Alternative data sets have accompanied vigorous assertions of rising employment. And there are many in the middle, trying to make sense of the scant (and outdated) data and wondering how anybody reached any conclusion at all." The Employees Provident Fund added 10.13 million new subscribers in the first half of this year, which would suggest many new jobs were added. Not just in employment. In 2015-16 the Agriculture Ministry estimated 30.15 million bales of cotton had been produced while the Textile Ministry said 33.8 million bales, a difference of 620 million kg. Perhaps not surprising when we have 72 ministers, in addition to the prime minister. The list has apparently been updated on 18 July. In 1956, the then Chinese Prime Minister, Zhou En Lai refused to leave the National Sample Survey Office, at the Indian Statistical Institute in Calcutta, because he was talking to Prasanta Chandra Mahalanobis, who set up methods of statistical surveys in India, wrote Prof AV Banerjee et al. "In the 1940s, even before India became independent, the ISI had emerged as one of the great centres for the study of statistical methods." Even GDP figures vary between those published by the NSS and the Central Statistical Organization. Prof T Jayakumar cannot understand how the nominal GDP grew by 1.1% when the real GDP fell from 8% to 7.1%. There is wide discrepancy between figures published by the Economic Survey II and those of the Reserve Bank with regard to the amount of currency in circulation. No wonder China's GDP is 5 times that of India. Could be more.

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