Good economics becoming good politics: Subramanian
Chief Economic Advisor Arvind Subramanian on Friday said one of the welcome changes the country had seen in recent years was that good economics practised by different state governments was paying dividend to them in elections.
May 29, 2015, 20:55 PM IST
1% tax by states over and above GST may hurt Make in India:CEA
Government needs to reconsider levy of one percent additional tax by states over and above GST rate as it could make intra-state movement of goods expensive and hurt the 'Make in India' campaign, Chief Economic Advisor Arvind Subramanian said on Tuesday.
May 26, 2015, 20:43 PM IST
CEA pitches for rate cut by RBI; sees potential for 9% growth
Pinning hopes on adequate food grain stock helping to keep inflation under control even with below-normal monsoon, Chief Economic Advisor Arvind Subramanian on Tuesday pitched for rate cut by the Reserve Bank next week to boost growth.
May 26, 2015, 20:39 PM IST
Enough food stocks to keep prices under check: CEA on monsoon
At present, the price situation is much better with CPI inflation down to 5 percent and the WPI remaining in the negative territory for past several months.
May 26, 2015, 16:40 PM IST
India has scope to ease monetary policy: Arvind Subramanian
India's central bank has room to further ease its monetary policy, Chief Economic Adviser Arvind Subramanian told reporters on Tuesday.
May 26, 2015, 16:23 PM IST
Adequate food stocks to help contain inflation: Arvind Subramanian
India's adequate food stocks would help contain inflation, even if summer monsoon rains turn out to be weak, Chief Economic Adviser Arvind Subramanian said on Tuesday.
May 26, 2015, 15:04 PM IST
IMF team headed for India to get a fix on new GDP method
The International Monetary Fund (IMF) will soon send a team to India to get a grasp of the implementation of the government's new GDP methodology, which has been questioned in certain quarters, including RBI.
May 07, 2015, 13:12 PM IST
Subramanian to head panel to fix data issues
The government has formed a Coordination Committee under chairmanship of Chief Economic Advisor (CEA) Arvind Subramanian to address issues while reporting Government Finance Statistics (GFS) data.
May 02, 2015, 11:26 AM IST
Big reforms not easy in India with multiple veto centres: CEA
India is "a very frustratingly robust democracy" where unleashing "big bang" reforms is not easy given the multiple centres of veto power, Chief Economic Adviser Arvind Subramanian said Tuesday.
Apr 28, 2015, 23:10 PM IST
When Rajan and Subramanian got flak at IMF for a leaked paper!
Top financial gurus -- RBI Governor Raghuram Rajan and Chief Economic Advisor Arvind Subramanian -- got a "little flak" when at IMF, after their research paper on aid by rich nations got leaked to media and created a sensational headline.
Apr 12, 2015, 15:56 PM IST
Big-Bang reforms not applicable to India: Arvind Subramanian
Chief Economic Adviser Arvind Subramanian Wednesday said big bang reforms are frankly not applicable to a country like India as there was multiple veto centres, multiple decision making centres and was very difficult to pass through a decisive change.
Apr 08, 2015, 22:39 PM IST
India to encourage non-cash payments: Subramanian
India is working towards policies and regulations that would encourage non-cash payments to effectively tackle the problem of black money, a top Indian economic adviser has said.
Mar 12, 2015, 13:44 PM IST
After rate cut, Govt pitches for rating upgrade
Soon after RBI announcing a much- awaited rate cut, Chief Economic Advisor Arvind Subramanian on Wednesday said that the global rating agencies should look at upgrading their stance on India's credit outlook.
Mar 04, 2015, 13:39 PM IST
8-8.5% growth is more like statistical and not real: CEA
The ambitious 8.1-8.5 percent economic growth projected for the next fiscal in Finance Minister Arun Jaitley's Budget is more like a "statistical and not a real number," Chief Economic Adviser Arvind Subramanian said.
Mar 03, 2015, 23:05 PM IST
Arvind Subramanian pitches for rate cut by RBI
The RBI should consider cutting lending rates on the back of lower inflation, Chief Economic Advisor Arvind Subramanian said Friday.
Feb 27, 2015, 22:03 PM IST
RBI may ease rates further: Chief Economic Advisor
Lauding RBI's role in helping bring down inflation, Chief Economic Advisor Arvind Subramanian said the central bank may further ease the interest rates as improvement on price front has opened the space for monetary easing.
Jan 26, 2015, 14:02 PM IST
Investment flows should begin picking up next fiscal: CEA
Confident India would be able to benefit from the positive sentiments about it among foreign investors, Chief Economic Advisor Arvind Subramanian has said the real investment flows should begin picking up from next fiscal, but it will be a gradual process.
Jan 22, 2015, 13:53 PM IST
Rate cut indicates shift in monetary policy stance: Subramanian
The Reserve Bank of India cut interest rates on Thursday by 25 basis points to 7.75 percent in a surprise inter-meeting cut, yielding to signs of slowing inflation, while acknowledging the government`s efforts to contain the fiscal deficit.
Jan 15, 2015, 09:59 AM IST
Prospects for Indian economy bright going forward: CEA
"The biggest change is the new government in power that has unleashed a slew of reforms. Prospects for the Indian economy should be very bright going forward," Subramanian said while speaking at a workshop.
Jan 14, 2015, 14:54 PM IST
Decline in growth has bottomed out: Subramanian
Deceleration in growth has bottomed out and the economy is poised for 6-6.5 percent expansion in the next financial year, Finance Ministry's Chief Economic Adviser Arvind Subramanian said Monday.
Jan 12, 2015, 16:23 PM IST
