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<p style="text-align:justify"><em>The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections</em></p>
<p style="text-align:justify">Automobiles and two-wheelers are seeing muted sales not because of a low-demand situation afflicting the sector, but because there is a supply-side issue about chips, principal economic advisor to the government Sanjeev Sanyal told Outlook Business. He also said that the GDP growth projection of more than eight per cent made in the Economic Survey and 11 per cent in the budget are achievable going forward if there are no major disruptions. He argues that the government has fixed processes to help businesses and deregulated the economy in a major way, especially in the Covid-19 years. When all this is seen with the infrastructure push the government has been making in the last few years, the economy should enter an extended growth phase, as China did earlier, he says. </p>
<p style="text-align:justify"><strong>Here are the edited excerpts:</strong></p>
<p style="text-align:justify"><em>* For FY23, the Economic Survey pegged growth at more than eight per cent, and the union budget pegged the nominal GDP growth of 11.1 per cent. How achievable are these projections?</em></p>
<p style="text-align:justify">Our assessment is more conservative than what the IMF [International Monetary Fund], World Bank, etc. think. I am very happy to be proved wrong. But, when you do budgeting, I think you need to be a little conservative. As far as our growth focus is concerned, my sense is that there will be some impact of the withdrawal of liquidity from the world and interest rates going up. We have allowed for that [in our estimates]. </p>
<p style="text-align:justify">Also, energy prices are elevated, although ours is $70-75 range. Even that is quite high. I do not think that we will be in $90 for a prolonged period of time because there will be some impact of the withdrawal of liquidity. Nevertheless, it will fall and even though we have allowed for supply-side problems in chips and other things to resolve over the course of the year, the fact is that for much of the year it is disruptive. All of this put together, I think eight to eight-and-a-half per cent is a decent growth rate.</p>
<p style="text-align:justify">Please <a href="https://www.outlookindia.com/business/people-underestimate-structural-reforms-of-last-nine-years-they-will-give-india-china-like-growth-sanjeev-sanyal-news-121364?fbclid=IwAR2Du8uWaDHNu5rRQuaIuJpgcYWAVm0ldvBLBcWS6ey-oom70EXRSqbozEg">click here</a> to read more.</p>
<p style="text-align:justify"><strong>Image Coutesy: OutlookIndia.com</strong></p>
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Interviews | Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com) </title>
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The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections
Automobiles and two-wheelers are seeing muted sales not because of..."/>
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The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections
Automobiles and two-wheelers are seeing muted sales not because of..." />
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Interviews </h2>
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<a href="https://im4change.in/interviews/sanjeev-sanyal-principal-economic-advisor-interviewed-by-kamalika-ghosh-outlookindia-com.html" target="_blank" title="Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)" style="float: left; margin-right: 10px;">
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<h1 style="font-weight: 700;font-size: 14px;">
<a href="https://im4change.in/interviews/sanjeev-sanyal-principal-economic-advisor-interviewed-by-kamalika-ghosh-outlookindia-com.html" target="_blank">Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)</a>
</h1>
<br><small>February 7, 2022</small>
<p style="padding-top: 6px;">-OutlookIndia.com
The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections
Automobiles and two-wheelers are seeing muted sales not because of a low-demand situation afflicting the...</p>
<a href="https://im4change.in/interviews/sanjeev-sanyal-principal-economic-advisor-interviewed-by-kamalika-ghosh-outlookindia-com.html"
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<a href="https://im4change.in/interviews/tarun-bajaj-revenue-secretary-at-the-ministry-of-finance-interviewed-by-vikas-dhoot-the-hindu.html" target="_blank" title="Tarun Bajaj, Revenue Secretary at the Ministry of Finance, interviewed by Vikas Dhoot (The Hindu)" style="float: left; margin-right: 10px;">
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<a href="https://im4change.in/interviews/tarun-bajaj-revenue-secretary-at-the-ministry-of-finance-interviewed-by-vikas-dhoot-the-hindu.html" target="_blank"><strong style="" >Tarun Bajaj, Revenue Secretary at the Ministry of Finance, interviewed by Vikas Dhoot (The Hindu)</strong></a>
<br><small>February 5, 2022</small>
<p style="padding-top: 6px;">-The Hindu
It would be much easier for the government to provide relief to people if the tax base was wider, says Revenue Secretary Tarun Bajaj, noting that four crore people don’t file returns though the tax department gets some TDS collections on their account. With...</p>
<a href="https://im4change.in/interviews/tarun-bajaj-revenue-secretary-at-the-ministry-of-finance-interviewed-by-vikas-dhoot-the-hindu.html"
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style="float: right;" target="_blank">+ More...</a>
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<a href="https://im4change.in/interviews/aruna-roy-social-activist-and-founder-of-the-mkss-interviewed-by-sneha-philip-and-smarinita-shetty-idr.html" target="_blank" title="Aruna Roy, social activist and founder of the MKSS. interviewed by Sneha Philip and Smarinita Shetty (IDR)" style="float: left; margin-right: 10px;">
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<a href="https://im4change.in/interviews/aruna-roy-social-activist-and-founder-of-the-mkss-interviewed-by-sneha-philip-and-smarinita-shetty-idr.html" target="_blank"><strong style="" >Aruna Roy, social activist and founder of the MKSS. interviewed by Sneha Philip and Smarinita Shetty (IDR)</strong></a>
<br><small>January 29, 2022</small>
<p style="padding-top: 6px;">-IDROnline.org/ TheWire.in
"The problem with Indian democracy is that despite the presence of millions of voters, the pool of decision makers get smaller and narrower at the top."
Aruna Roy is a social activist and founder of the Mazdoor Kisan Shakti Sangathan (MKSS). Her work and leadership...</p>
<a href="https://im4change.in/interviews/aruna-roy-social-activist-and-founder-of-the-mkss-interviewed-by-sneha-philip-and-smarinita-shetty-idr.html"
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style="float: right;" target="_blank">+ More...</a>
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<a href="https://im4change.in/interviews/prof-ronki-ram-former-professor-of-political-science-panjab-university-interviewed-by-tripta-narang-newsclick-in.html" target="_blank" title="Prof Ronki Ram, former Professor of Political Science, Panjab University, interviewed by Tripta Narang (Newsclick.in)" style="float: left; margin-right: 10px;">
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<a href="https://im4change.in/interviews/prof-ronki-ram-former-professor-of-political-science-panjab-university-interviewed-by-tripta-narang-newsclick-in.html" target="_blank"><strong style="" >Prof Ronki Ram, former Professor of Political Science, Panjab University, interviewed by Tripta Narang (Newsclick.in)</strong></a>
<br><small>January 22, 2022</small>
<p style="padding-top: 6px;">-Newsclick.in
Caste and religious divisions within 32% SC population of Punjab – 39 castes over 5 religions -- over the years have precluded them from developing their own distinct and viable state-level leadership.
The postponement of Punjab Assembly elections on account of Guru Ravidass Jayanti on February...</p>
<a href="https://im4change.in/interviews/prof-ronki-ram-former-professor-of-political-science-panjab-university-interviewed-by-tripta-narang-newsclick-in.html"
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style="float: right;" target="_blank">+ More...</a>
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<a href="https://im4change.in/interviews/bhramar-mukherjee-professor-of-biostatistics-at-the-university-of-michigan-interviewed-by-gs-mudur.html" target="_blank" title="Bhramar Mukherjee, professor of biostatistics at the University of Michigan, interviewed by GS Mudur (The Telegraph)" style="float: left; margin-right: 10px;">
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<a href="https://im4change.in/interviews/bhramar-mukherjee-professor-of-biostatistics-at-the-university-of-michigan-interviewed-by-gs-mudur.html" target="_blank"><strong style="" >Bhramar Mukherjee, professor of biostatistics at the University of Michigan, interviewed by GS Mudur (The Telegraph)</strong></a>
<br><small>January 7, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
The country has an advantage that many people have two vaccines plus a past infection: Expert
Bhramar Mukherjee, a professor of biostatistics at the University of Michigan who has been tracking India’s Covid-19 epidemic for nearly two years, is now visiting her parents’ farmhouse in...</p>
<a href="https://im4change.in/interviews/bhramar-mukherjee-professor-of-biostatistics-at-the-university-of-michigan-interviewed-by-gs-mudur.html"
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style="float: right;" target="_blank">+ More...</a>
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The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections
Automobiles and two-wheelers are seeing muted sales not because of..." />
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<h2 class="cat-box-title">
Interviews </h2>
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<a href="https://im4change.in/interviews/sanjeev-sanyal-principal-economic-advisor-interviewed-by-kamalika-ghosh-outlookindia-com.html" target="_blank" title="Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)" style="float: left; margin-right: 10px;">
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<h1 style="font-weight: 700;font-size: 14px;">
<a href="https://im4change.in/interviews/sanjeev-sanyal-principal-economic-advisor-interviewed-by-kamalika-ghosh-outlookindia-com.html" target="_blank">Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)</a>
</h1>
<br><small>February 7, 2022</small>
<p style="padding-top: 6px;">-OutlookIndia.com
The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections
Automobiles and two-wheelers are seeing muted sales not because of a low-demand situation afflicting the...</p>
<a href="https://im4change.in/interviews/sanjeev-sanyal-principal-economic-advisor-interviewed-by-kamalika-ghosh-outlookindia-com.html"
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<a href="https://im4change.in/interviews/tarun-bajaj-revenue-secretary-at-the-ministry-of-finance-interviewed-by-vikas-dhoot-the-hindu.html" target="_blank" title="Tarun Bajaj, Revenue Secretary at the Ministry of Finance, interviewed by Vikas Dhoot (The Hindu)" style="float: left; margin-right: 10px;">
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<a href="https://im4change.in/interviews/tarun-bajaj-revenue-secretary-at-the-ministry-of-finance-interviewed-by-vikas-dhoot-the-hindu.html" target="_blank"><strong style="" >Tarun Bajaj, Revenue Secretary at the Ministry of Finance, interviewed by Vikas Dhoot (The Hindu)</strong></a>
<br><small>February 5, 2022</small>
<p style="padding-top: 6px;">-The Hindu
It would be much easier for the government to provide relief to people if the tax base was wider, says Revenue Secretary Tarun Bajaj, noting that four crore people don’t file returns though the tax department gets some TDS collections on their account. With...</p>
<a href="https://im4change.in/interviews/tarun-bajaj-revenue-secretary-at-the-ministry-of-finance-interviewed-by-vikas-dhoot-the-hindu.html"
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style="float: right;" target="_blank">+ More...</a>
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<a href="https://im4change.in/interviews/aruna-roy-social-activist-and-founder-of-the-mkss-interviewed-by-sneha-philip-and-smarinita-shetty-idr.html" target="_blank" title="Aruna Roy, social activist and founder of the MKSS. interviewed by Sneha Philip and Smarinita Shetty (IDR)" style="float: left; margin-right: 10px;">
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<a href="https://im4change.in/interviews/aruna-roy-social-activist-and-founder-of-the-mkss-interviewed-by-sneha-philip-and-smarinita-shetty-idr.html" target="_blank"><strong style="" >Aruna Roy, social activist and founder of the MKSS. interviewed by Sneha Philip and Smarinita Shetty (IDR)</strong></a>
<br><small>January 29, 2022</small>
<p style="padding-top: 6px;">-IDROnline.org/ TheWire.in
"The problem with Indian democracy is that despite the presence of millions of voters, the pool of decision makers get smaller and narrower at the top."
Aruna Roy is a social activist and founder of the Mazdoor Kisan Shakti Sangathan (MKSS). Her work and leadership...</p>
<a href="https://im4change.in/interviews/aruna-roy-social-activist-and-founder-of-the-mkss-interviewed-by-sneha-philip-and-smarinita-shetty-idr.html"
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<a href="https://im4change.in/interviews/prof-ronki-ram-former-professor-of-political-science-panjab-university-interviewed-by-tripta-narang-newsclick-in.html" target="_blank" title="Prof Ronki Ram, former Professor of Political Science, Panjab University, interviewed by Tripta Narang (Newsclick.in)" style="float: left; margin-right: 10px;">
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<a href="https://im4change.in/interviews/prof-ronki-ram-former-professor-of-political-science-panjab-university-interviewed-by-tripta-narang-newsclick-in.html" target="_blank"><strong style="" >Prof Ronki Ram, former Professor of Political Science, Panjab University, interviewed by Tripta Narang (Newsclick.in)</strong></a>
<br><small>January 22, 2022</small>
<p style="padding-top: 6px;">-Newsclick.in
Caste and religious divisions within 32% SC population of Punjab – 39 castes over 5 religions -- over the years have precluded them from developing their own distinct and viable state-level leadership.
The postponement of Punjab Assembly elections on account of Guru Ravidass Jayanti on February...</p>
<a href="https://im4change.in/interviews/prof-ronki-ram-former-professor-of-political-science-panjab-university-interviewed-by-tripta-narang-newsclick-in.html"
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<a href="https://im4change.in/interviews/bhramar-mukherjee-professor-of-biostatistics-at-the-university-of-michigan-interviewed-by-gs-mudur.html" target="_blank"><strong style="" >Bhramar Mukherjee, professor of biostatistics at the University of Michigan, interviewed by GS Mudur (The Telegraph)</strong></a>
<br><small>January 7, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
The country has an advantage that many people have two vaccines plus a past infection: Expert
Bhramar Mukherjee, a professor of biostatistics at the University of Michigan who has been tracking India’s Covid-19 epidemic for nearly two years, is now visiting her parents’ farmhouse in...</p>
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<meta property="og:title" content="Interviews | Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)" />
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The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections
Automobiles and two-wheelers are seeing muted sales not because of..." />
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<a href="https://im4change.in/interviews/sanjeev-sanyal-principal-economic-advisor-interviewed-by-kamalika-ghosh-outlookindia-com.html" target="_blank" title="Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)" style="float: left; margin-right: 10px;">
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<a href="https://im4change.in/interviews/sanjeev-sanyal-principal-economic-advisor-interviewed-by-kamalika-ghosh-outlookindia-com.html" target="_blank">Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)</a>
</h1>
<br><small>February 7, 2022</small>
<p style="padding-top: 6px;">-OutlookIndia.com
The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections
Automobiles and two-wheelers are seeing muted sales not because of a low-demand situation afflicting the...</p>
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<a href="https://im4change.in/interviews/tarun-bajaj-revenue-secretary-at-the-ministry-of-finance-interviewed-by-vikas-dhoot-the-hindu.html" target="_blank" title="Tarun Bajaj, Revenue Secretary at the Ministry of Finance, interviewed by Vikas Dhoot (The Hindu)" style="float: left; margin-right: 10px;">
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<a href="https://im4change.in/interviews/tarun-bajaj-revenue-secretary-at-the-ministry-of-finance-interviewed-by-vikas-dhoot-the-hindu.html" target="_blank"><strong style="" >Tarun Bajaj, Revenue Secretary at the Ministry of Finance, interviewed by Vikas Dhoot (The Hindu)</strong></a>
<br><small>February 5, 2022</small>
<p style="padding-top: 6px;">-The Hindu
It would be much easier for the government to provide relief to people if the tax base was wider, says Revenue Secretary Tarun Bajaj, noting that four crore people don’t file returns though the tax department gets some TDS collections on their account. With...</p>
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<a href="https://im4change.in/interviews/aruna-roy-social-activist-and-founder-of-the-mkss-interviewed-by-sneha-philip-and-smarinita-shetty-idr.html" target="_blank" title="Aruna Roy, social activist and founder of the MKSS. interviewed by Sneha Philip and Smarinita Shetty (IDR)" style="float: left; margin-right: 10px;">
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<a href="https://im4change.in/interviews/aruna-roy-social-activist-and-founder-of-the-mkss-interviewed-by-sneha-philip-and-smarinita-shetty-idr.html" target="_blank"><strong style="" >Aruna Roy, social activist and founder of the MKSS. interviewed by Sneha Philip and Smarinita Shetty (IDR)</strong></a>
<br><small>January 29, 2022</small>
<p style="padding-top: 6px;">-IDROnline.org/ TheWire.in
"The problem with Indian democracy is that despite the presence of millions of voters, the pool of decision makers get smaller and narrower at the top."
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<br><small>January 22, 2022</small>
<p style="padding-top: 6px;">-Newsclick.in
Caste and religious divisions within 32% SC population of Punjab – 39 castes over 5 religions -- over the years have precluded them from developing their own distinct and viable state-level leadership.
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<br><small>January 7, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
The country has an advantage that many people have two vaccines plus a past infection: Expert
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Interviews | Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)
-OutlookIndia.com
The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections
Automobiles and two-wheelers are seeing muted sales not because of a low-demand situation afflicting the...
-The Hindu
It would be much easier for the government to provide relief to people if the tax base was wider, says Revenue Secretary Tarun Bajaj, noting that four crore people don’t file returns though the tax department gets some TDS collections on their account. With...
-IDROnline.org/ TheWire.in
"The problem with Indian democracy is that despite the presence of millions of voters, the pool of decision makers get smaller and narrower at the top."
Aruna Roy is a social activist and founder of the Mazdoor Kisan Shakti Sangathan (MKSS). Her work and leadership...
-Newsclick.in
Caste and religious divisions within 32% SC population of Punjab – 39 castes over 5 religions -- over the years have precluded them from developing their own distinct and viable state-level leadership.
The postponement of Punjab Assembly elections on account of Guru Ravidass Jayanti on February...
-The Telegraph
The country has an advantage that many people have two vaccines plus a past infection: Expert
Bhramar Mukherjee, a professor of biostatistics at the University of Michigan who has been tracking India’s Covid-19 epidemic for nearly two years, is now visiting her parents’ farmhouse in...
Tarun Bajaj, Revenue Secretary at the Ministry of Finance, interviewed by Vikas Dhoot (The Hindu)
Aruna Roy, social activist and founder of the MKSS. interviewed by Sneha Philip and Smarinita Shetty (IDR)
Prof Ronki Ram, former Professor of Political Science, Panjab University, interviewed by Tripta Narang (Newsclick.in)
Bhramar Mukherjee, professor of biostatistics at the University of Michigan, interviewed by GS Mudur (The Telegraph)
