-The Hindu ‘BJP is being discussed only for its religious agenda’ MANGALURU (Karnataka): The decisions on economic policy taken by the Bharatiya Janata Party-led National Democratic Alliance Government at the Centre in the second half of its rule has hit the rural economy in a hard way, said theatre personality and Gandhian Prasanna here on Sunday. During his interaction with a group of people at the University College auditorium, Mr. Prasanna said that...
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Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
More »Arvind Subramanian, ex-Chief Economic Advisor (CEA), interviewed by Prashant Jha
-Hindustan Times Subramanian says due to less suitable global economic scene, reaching double-digit growth will need more hard work The announcement that Arvind Subramanian, India’s Chief Economic Advisor (CEA), is quitting for personal reasons to return to the United States has generated considerable attention. The CEA spoke to Prashant Jha about his time in government and the state of the economy: * As you look back, what are the key highlights and the...
More »The wait for deep agricultural reforms -Siraj Hussain
-Livemint.com While there are several creditable achievements, it is the deeper structural reforms where expectations from a strong government have not been met Amidst expectations of a magical transformation of the Indian economy, the Narendra Modi government took over the reins in May 2014. During the election campaign, people were led to believe that the Gujarat model of agricultural development, which delivered 8% growth in agriculture during fiscal years 2003-14, would be...
More »Malaysia scraps GST, experts advise caution to Indian govt -Dilasha Seth
-Business Standard India studied the Malaysian model before implementing the GST and borrowed the anti-profiteering clause to ensure GST benefits are passed on to the end-consumer by the industry New Delhi: Malaysia deciding to scrap the goods and services tax (GST) on Wednesday, three years after its roll-out, may prompt India to tread with caution over the next few years to stabilise the new indirect tax regime implemented in July last year. Although...
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