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Bonus for pulses: Panel to submit report to FM tomorrow

-PTI A government-appointed committee under Chief Economic Advisor Arvind Subramanian to look into the issue of bonus to promote pulses cultivation will submit its report to Finance Minister. A government-appointed committee under Chief Economic Advisor Arvind Subramanian to look into the issue of bonus to promote pulses cultivation will submit its report to Finance Minister Arun Jaitley tomorrow. “Chief Economic Adviser (CEA) Dr Arvind Subramanian will present the Report of Pulses Committee to...

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The great GDP fudge -Jairam Ramesh

-The Indian Express Same data, opposite conclusions, Dr Subramanian? “I am puzzled by the new GDP growth numbers. This is mystifying because these numbers, especially the acceleration, are at odds with other features of the macro economy. Import of goods declined. typically growth booms are accompanied by surges in imports not declines… similarly, real gross capital formation declined”. This was the chief economic advisor (CEA) Arvind Subramanian in an interview to the...

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Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana

-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...

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Centre invites critic Jean Dreze to economics meet, then snubs him

-The Times of India NEW DELHI: Jean Dreze, eminent economist and a former member of the National Advisory Council during the UPA regime, was dropped from a high profile economics conference organized by the finance ministry.  Dreze, who has been critical of some of the measures of the NDA government, was invited to speak at the Delhi Economics Conclave on Friday.  "This is the invitation I received and accepted some time ago. On...

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The politics of foodgrain management by Himanshu

The empowered group of ministers (eGoM) recently decided on two important steps seen crucial for management of foodgrains. The first was the finalization of the National Food Security Act (NFSA) and, secondly, extending the term of the Nandan Nilekani committee to explore the possibility of introducing cash transfers for delivering food subsidy directly to the poor. Another linked decision was to allow exports of wheat and rice to international markets. The...

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