Budget 2016 may address retrospective tax concerns
In an interview to PTI, Chief Economic Advisor Arvind Subramanian has said that the present government is taking "consistent steps" to deal with the legacy tax issues to regain investor confidence.
Feb 28, 2016, 19:16 PM ISTLower 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
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 ISTOctober 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 ISTIn Exclusive Chat with Arvind Subramaniam
Check out Zee Business's exclusive conversation with Arvind Subramaniam, Cheif Economic Advisor on GST report.
Dec 07, 2015, 23:10 PM ISTNobel Prize winner Angus Deaton cares deeply about India: CEA
Chief Economic Advisor Arvind Subramanian Monday hailed Angus Deaton, the winner of Nobel prize in Economics, as "a great economist who cares deeply about India".
Oct 12, 2015, 22:36 PM ISTPending tax issues will be referred to Shah panel: CEA
Legacy tax issues like those involving Cairn and Shell can be referred to AP Shah panel for quick resolution, says Chief Economic Advisor Arvind Subramanian who feels the old issues that have held back private investments also need to be worked out.
Oct 04, 2015, 13:29 PM ISTIndia remains attractive investment destination: CEA
Amid the global financial turmoil, Indian economy will grow at the highest rate and also remain an attractive investment destination, Chief Economic Advisor Arvind Subramanian said Tuesday.
Sep 08, 2015, 23:33 PM ISTChinese slowdown opportunity for India: CEA
The slowdown in China is a historic opportunity to relaunch growth in India, Chief Economic Adviser Arvind Subramanian said Monday.
Aug 31, 2015, 23:15 PM ISTIndia pitches for rating upgrade by S&P on strong macro data
India on Monday pitched for rating upgrade by Standard and Poor's citing strong macroeconomic indicators, low inflation and improvement in fiscal as well as current account deficits.
Aug 31, 2015, 15:22 PM ISTCEA questions RBI's monetary policy stance, says rates too high
Making a strong case for reduction of policy rates by the Reserve Bank, Chief Economic Advisor Arvind Subramanian has said the real interest rates are "whoppingly" very high and have made it difficult for corporate to deal with the problem of high debt.
Jun 17, 2015, 19:33 PM ISTSpurt in indirect taxes indicates economic recovery: CEA
The Finance Ministry Thursday said the spurt in indirect tax collections this fiscal was an indication of economic recovery though there was some need for caution as these were only early indications.
Jun 11, 2015, 20:04 PM ISTCEA 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 ISTBig 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 ISTPeak power deficit in March improves to 3.2%: CEA
Peak power deficit -- shortage in electricity supply when demand is at its highest -- stood at 4.7 per cent in March 2014.
Apr 26, 2015, 11:04 AM ISTState power firms to import 52 MT coal in FY16
State-owned power generation companies will import about 52 million tonnes of coal, accounting for 70 percent of total dry fuel imports by power firms in the current fiscal, to meet their requirements.
Apr 12, 2015, 13:31 PM IST8-8.5% 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 ISTArvind 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 ISTProspects 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 ISTDecline 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