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No govt role for ex-World Bank chief economist Kaushik Basu, to return to academia

No govt role for ex-World Bank chief economist Kaushik Basu, to return to academia

Having served World Bank as its Chief Economist for about four years, India's former Chief Economic Advisor Kaushik Basu says he will not take up any position in the Indian government and plans to return to Cornell University and focus on his research projects.

Announce higher MSP for pulses, speed up procurement: CEA panel

Announce higher MSP for pulses, speed up procurement: CEA panel

In sweeping reforms aimed at boosting pulse production and checking prices, a CEA-led panel today called for raising the support price by up to Rs 1,000 per quintal and lifting of export ban and stock limit, besides promoting GM crops.

Subramanian Swamy takes on Chief Economic Advisor again, terms continuance 'tolerance'

Subramanian Swamy takes on Chief Economic Advisor again, terms continuance 'tolerance'

BJP MP Subramanian Swamy on Sunday launched a fresh attack on Chief Economic Advisor Arvind Subramanian, terming his continuance in job as "tolerance".

If Arvind Subramanian is asset for BJP govt, will suspend 'sacking' demand: Subramanian Swamy

If Arvind Subramanian is asset for BJP govt, will suspend 'sacking' demand: Subramanian Swamy

BJP national secretary Shrikant Sharma said the party does not agree with Swamy's criticism of CEA Arvind Subramanian. 

Bankers wary of writing down bad loans: Chief Economic Advisor

Bankers wary of writing down bad loans: Chief Economic Advisor

Chennai: Public sector bankers are wary of writing down bad loans for fear of "referee institutions" like CBI and CVC going after them, Chief Economic Advisor Arvind Subramanian said today.

 

Bankers wary of writing down bad loans: Chief Economic Advisor

Bankers wary of writing down bad loans: Chief Economic Advisor

Chennai: Public sector bankers are wary of writing down bad loans for fear of "referee institutions" like CBI and CVC going after them, Chief Economic Advisor Arvind Subramanian said today.

 

'Difficult job ahead, no magic wand to push growth'

'Difficult job ahead, no magic wand to push growth'

The government will have to go through a "very difficult process" of pushing reforms and projects to propel India to a high-growth path as it will not happen through some magic wand, Chief Economic Advisor Arvind Subramanian said today.

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.

In Exclusive Chat with Arvind Subramaniam

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

CEA Arvind Subramanian defends GST rates, quells fears on 'sin' tax

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.

Foxconn to change labour scenario, up competition: CEA

Foxconn has committed a whopping USD 5 billion investment in Maharashtra.

To keep up growth tempo, India should focus on education: CEA

In the last 10-20 years, India has grown very rapidly.

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".

Private investments held back by legacy issues need to be worked out: CEA

Private investments held back by legacy issues need to be worked out: CEA

To a question about the complaints from the industry despite a number of measures that have been taken by the government to resurrect confidence, Subramanium said the point is the extent of problem is quiet deep.

 

Rate cut good; action on multiple fronts needed to push GDP: CEA

Rate cut good; action on multiple fronts needed to push GDP: CEA

The 0.50 percent cut in interest rate by RBI is welcome and will bring down the cost of funds but action on multiple fronts would be needed to promote economic growth, Chief Economic Advisor Arvind Subramanian said here Wednesday.

 

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.

CEA Arvind Subramanian pegs growth at 8-10%, with exports rider

Chief Economic Advisor (CEA) Arvind Subramanian on Monday said India can grow at 8-10 percent, provided exports put up a strong show.

India needs to be watchful about US Fed rate hike: Arvind Subramanian

A hike in interest rates by the US, it is feared, could result in the flight of capital from the emerging markets including India.

India insulated from Greece fallout, rupee may get hit: Govt

India insulated from Greece fallout, rupee may get hit: Govt

With Greeks' rejection of rescue package from creditors spooking markets, the government on Monday asserted that India is well insulated from the crisis but rupee may be affected due to the outward flight of investment.