Statistics is used in our day to day life. Examples are there to show that statistics is misused in many. This can happen when people are information illiterate. [Address at DST-CIMS, BHU on Mar 20, 2012 as part of the 150th Birth Aniversary Celebrations of Mahanama Pandit Madan Mohan Malviya].

An 'Energy Index', which is aggregated from energy indicators is a rich source of information and is helpful in providing an assessment of a country's performance. This has, however, resulted in mushrooming of a plethora of indices, which claim to quantify the performance of a country in...

The general objective of the paper is to review the different macroeconomic models and microeconomic valuation methods applied in the analysis of the natural resource and enviromnent sector which are potentially useful for Microeconomic Impacts of Macroeconomic Adjustment Policies (MIMAP). The...

National Food Authority's (NFA) twin mandate of price stabilization and food security has cost the government billions of pesos in losses over the past few decades. As such, there is a need to reexamine the NFA to determine whether the benefits gained from its continued operation justifies the...