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India should cut debt in 5-6 years: Montek

Last Updated: Thursday, December 26, 2013, 20:05

India should reduce its debt within 5-6 years by putting fiscal policy on the right path, but "draconian changes" are not the answer, Planning Commission Deputy Chairman Montek Singh Ahluwalia Thursday said.

Poor economy derails Plan Comm's 8% growth target in 12th Plan

Last Updated: Thursday, December 26, 2013, 11:45

Attributing lower-than-expected growth to global factors, Montek Singh Ahluwalia said 12th Plan's growth target could be lowered to around 7.5 percent.

Policies should explained for better results: Montek

Last Updated: Saturday, December 21, 2013, 19:41

Deputy Chairman of Planning Commission Montek Singh Ahluwalia Saturday said there is no alternative to explaining policies to get desired results.

RBI kept key rates unchanged to push growth, says Montek

Last Updated: Wednesday, December 18, 2013, 14:50

The Reserve Bank's decision to keep interest rates unchanged is aimed at boosting economic growth, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said.

'Mid-term appraisal of 12th Plan to help govt judge its work'

Last Updated: Tuesday, December 17, 2013, 14:04

Montek said the mid-term appraisal of 12th Plan (2012-17) will be done by the end of 2014.

India to hit 6% growth next fiscal, better H2 in FY14: Montek

Last Updated: Friday, November 29, 2013, 14:55

Planning Commission Deputy Chairman Montek Singh Ahluwalia Friday said India can achieve 6 percent economic growth next fiscal and that the second half of this fiscal could be better than the first.

India to have third-largest GDP by 2030: Montek

Last Updated: Thursday, November 28, 2013, 22:28

India will become the third-biggest economy in the world by 2030, Deputy Chairman of the Planning Commission Montek Singh Ahluwalia said Thursday.

CAD likely to be 2.5-2.7% this fiscal: Ahluwalia

Last Updated: Wednesday, November 27, 2013, 18:09

Planning Commission Deputy Chairman Montek Singh Ahluwalia Wednesday said the current account deficit may remain between 2.5 percent and 2.7 percent of the GDP this fiscal.

6% GDP growth next fiscal, better 2nd half in 2013-14: Montek

Last Updated: Wednesday, November 27, 2013, 14:40

Plan panel Deputy Chairman Montek Singh Ahluwalia on Wednesday said that GDP will expand by over 6 percent next fiscal and performance will be better in second half of this fiscal.

Montek for increasing coal prices

Last Updated: Wednesday, November 20, 2013, 23:20

Speaking at the KPMG Energy Conclave here, Singh said energy in India is under-priced, which has led to distortions in market.

Current Account Deficit to be less than 3%: Montek

Last Updated: Thursday, November 14, 2013, 22:00

Encouraged by surging exports, Planning Commission Thursday said the current account deficit will be definitely less than 3 percent of GDP in 2013-14 fiscal as per its latest assessment.

Montek for repealing of nationalisation of coal

Last Updated: Tuesday, November 12, 2013, 22:23

Nationalisation of coal should be repealed, Planning Commission Deputy Chairman Montek Singh Ahluwalia said Tuesday pitching for private sector participation in the sector.