💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Indian statistics undermined by political interference, academics say

Published 03/15/2019, 05:10 AM
Updated 03/15/2019, 05:15 AM
© Reuters. FILE PHOTO - India's Prime Minister Narendra Modi waits for the arrival of Norway's Prime Minister Erna Solberg during her ceremonial reception in New Delhi

By Swati Bhat and Manoj Kumar

MUMBAI/NEW DELHI (Reuters) - More than 100 economists and social scientists have alleged that the Indian government is interfering with the country's statistics-gathering agencies, putting their work "under a cloud".

A statement signed by 108 academics from India and other countries, released late on Thursday, comes weeks before an election in which the government led by Prime Minister Narendra Modi is seeking a second term.

Modi's Bharatiya Janata Party (BJP) has faced criticism from opposition parties for suppressing the release of jobs data and for having allegedly manipulated economic growth figures to show the economy having performed better under previous governments.

The acting chairman and another member of the body that reviewed the jobs data resigned in January, alleging interference by other state agencies.

The statement from the academics said economic statistics are vital for policy-making and it is imperative that agencies associated with their collection and dissemination are not subject to political interference and enjoy total credibility.

Indian statistics and the institutions associated with them have "come under a cloud for being influenced and indeed even controlled by political considerations," it added.

The statement criticized NITI Aayog - a government think-tank - for picking what growth data sets to use last year, noting the body had "hitherto no expertise in statistical data collection."

Amitabh Kant, the CEO of the NITI Aayog, denied the criticism. "There is no question of interference" in the handling of the jobs data, he said.

Rohit Azad, a professor at the Jawaharlal Nehru University in New Delhi who signed the statement, said data should be "taken in an academic spirit" and not be taken as an attack.

© Reuters. FILE PHOTO - India's Prime Minister Narendra Modi waits for the arrival of Norway's Prime Minister Erna Solberg during her ceremonial reception in New Delhi

"Whichever way the elections go, the assertions from the academic side should continue that you can't mess with statistics," he said. "If the data doesn't show your government working, you don't suppress it."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.