Govt to take balanced view on fiscal deficit target: CEA
Government is open to the idea of going in for higher fiscal deficit to propel growth in the upcoming Budget and will take a balanced view after considering various factors, Chief Economic Adviser Arvind Subramanian said.
Feb 27, 2016, 15:07 PM IST
Economic Survey: India's growth rate to accelerate to 8-10% in 2-5 years, says CEA Arvind Subramanian
Terming India as a bright spot, Subramanian said there is case for pursuing structural reforms like implementation of Goods and Services Tax.
Feb 26, 2016, 18:23 PM IST
Ramachandra Guha not whole of alumni of St Stephen's: Valson Thampu on being called 'fascist'
Historian Ramachandra Guha recently called St Stephen's College principal Valson Thampu a 'fascist'.
Feb 12, 2016, 12:24 PM IST
Slump in oil, commodity prices to help India build infra: CEA
Slump in oil, steel and cement prices presents India with an opportunity to build infrastructure at lower costs as well as shore up public and private spending, Chief Economic Advisor Arvind Subramanian said.
Feb 05, 2016, 15:18 PM IST
Double blow to economy: IIP plunges to over 4-year low; inflation accelerates
Dragged by poor manufacturing output, industrial production plunged to an over four-year low, contracting 3.2 percent in November, while retail inflation inched up in December, a set of data which RBI will consider in its monetary policy review next month.
Jan 12, 2016, 23:22 PM IST
Lower IIP mostly because of statistical issues, says CEA
Chief Economic Advisor (CEA) Arvind Subramanian further said the IIP number for the year as a whole is still higher than last year's and "broadly, the trend seems to be upwards".
Jan 12, 2016, 22:34 PM IST
India sees firming economic growth, says OECD
India is witnessing firming economic growth while most of the developed economies are seeing mixed trends, according to Paris-based think tank OECD.
Jan 11, 2016, 19:25 PM IST
'India fastest growing economy despite global slowdown, four droughts'
India has emerged as the world's fastest growing economy notwithstanding global demand slowdown and four droughts, Chief Economic Advisor Arvind Subramanian said Friday.
Jan 01, 2016, 20:30 PM IST
Tax reforms to help India get rid of 'tax terrorism' tag: CEA
Simplifying and eliminate corporate taxes as well as cleaning up of legacy issues will continue going forward, he added.
Dec 16, 2015, 16:10 PM IST
October IIP jump could be because of Diwali effect: CEA
Terming the 9.8 percent growth in industrial production in October as "very good", CEA Arvind Subramanian Friday said one has to be careful while interpreting the data as the spike could be on account of Diwali purchases.
Dec 11, 2015, 22:44 PM IST
GST implementation: Check out the several risks involved!
Even as the government and the Opposition are locked in hot debate in the Parliament over the passing of the Goods and Servive Tax (GST) Bill, the Finance Ministry Committee has listed several risk factors involved in the implementation of the bill.
Dec 09, 2015, 21:54 PM IST
CEA Arvind Subramanian defends GST rates, quells fears on 'sin' tax
Chief Economic Advisor Arvind Subramanian Monday defended a three-rate structure for GST, including a demerit or 'sin' tax of 40 percent on products like tobacco and luxury cars, saying the recommendation is based on the current tax structure.
Dec 07, 2015, 22:14 PM IST
ASSOCHAM welcomes CEA-led committee's suggestions on GST rate
Apex industry body ASSOCHAM has welcomed the report of Chief Economic Advisor (CEA) Arvind Subramanian- led panel recommending standard GST rate of 18 percent and lower rate of 12 percent on specified goods.
Dec 05, 2015, 16:32 PM IST
Arvind Subramanian-led committee on GST for 17-18% rate, dropping of 1% additional levy
Also, the panel recommended early inclusion of alcohol and petroleum products in GST.
Dec 05, 2015, 10:47 AM IST
India Inc welcomes GST panel recommendations
Noting GST is expected to add about 2 percent to the GDP.
Dec 04, 2015, 21:02 PM IST
GST logjam: CEA Arvind Subramanian Panel suggests dropping 1% additional tax
In recommendations aimed at breaking the GST logjam, a panel headed by Chief Economic Advisor Arvind Subramanian on Friday suggested dropping additional one percent tax on inter-state sales over and above the Goods and Services Tax (GST) rate.
Dec 04, 2015, 18:41 PM IST
Government panel suggests standard GST rate of 17-18%
A government panel has suggested a standard rate of 17-18 percent under the proposed goods and services tax (GST), the country`s Chief Economic Adviser Arvind Subramanian told reporters on Friday.
Dec 04, 2015, 18:28 PM IST
Foxconn to change labour scenario, up competition: CEA
Foxconn has committed a whopping USD 5 billion investment in Maharashtra.
Dec 03, 2015, 16:40 PM IST
Inflation completely under control in India: CEA
Inflation is completely under control and it is well within the target of the Reserve Bank, Chief Economic Adviser Arvind Subramanian said Wednesday.
Nov 18, 2015, 18:47 PM IST
Growth in indirect tax collection reflects robust growth: CEA
Growth in collection of indirect taxes in the first seven months of the current fiscal shows robust GDP expansion, Chief Economic Advisor Arvind Subramanian has said.
Nov 10, 2015, 13:42 PM IST
