CEA

Lower IIP mostly because of statistical issues, says CEA
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".

 

Tax reforms to help India get rid of 'tax terrorism' tag: CEA
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.

October IIP jump could be because of Diwali effect: CEA
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.

In Exclusive Chat with Arvind Subramaniam

Check out Zee Business's exclusive conversation with Arvind Subramaniam, Cheif Economic Advisor on GST report.

Nobel 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".

Pending tax issues will be referred to Shah panel: CEA
Pending 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.

India remains attractive investment destination: CEA
India 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.

Chinese 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.

India 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.

CEA questions RBI's monetary policy stance, says rates too high
CEA 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.

Spurt 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.

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.

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.

Peak 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.

State 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.

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.

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.

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.

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.

Coal stock position improves at thermal power plants: CEA

This data showed that 50 thermal power stations had fuel stocks for less than seven days of which 30 stations were left with less than four days of stock.