Arvind Panagariya News
'India to be world's third largest economy by 2027-28'
Currently, India is the fifth largest economy "so it's another five years. We are already in (the year) 2023. So 2027-28, India should be the third-largest economy," Arvind Panagariya said
'Silly' to compare Sri Lanka's economic situation with India: Former NITI Aayog vice-chairman
"This is a silly comparison...suggestions of any parallels between India and Sri Lanka currently are laughable," Arvind Panagariya said, adding that India has rarely borrowed abroad to finance its fiscal deficit.
Indian economy has recovered 'handsomely' from pandemic-induced disruptions, says ex-NITI Ayog VC Arvind Panagariya
Panagariya suggested that the government must now signal its intention to wind down the fiscal deficit by cutting it by a half-to-one percentage point in 2022-23
Indian economy's fundamentals strong, private investment picking up, says ex-Niti Aayog VC
The Indian economy grew by a record 20.1 percent in the April-June quarter this fiscal, helped by a very weak base of last year and a sharp rebound in the manufacturing and services sectors in spite of a devastating second wave of COVID-19
The Friday List: From a talk on puppetry to Amazon Prime Video's Toofan, your weekly calendar of virtual events
Every Friday, we'll bring you a curated list of online experiences — performances, talks, tours, screenings — to mark on your weekly calendar.
Viral Acharya says govt needs to undertake heavy disinvestment program, reduce its reliance on bond markets
The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urgently implementing land, labour and agricultural reforms, former RBI Deputy Governor Viral Acharya said
Passing of triple talaq bill a distraction; Modi govt needs to urgently address issues driving India's economic slowdown
The moot question remains: Is legislation on triple talaq the most pressing issue before the nation at this point?
Job creation: Arvind Panagariya says India needs to grow at 8-10% annually, export-led growth critical to generate employment
India needs to grow at 8-10 percent annually if good jobs have to be provided to those joining the workforce, eminent economist Arvind Panagariya has said, emphasising that the country must return to an export-led economy to generate employment with higher salaries
100-days agenda for new govt: Accelerate NPA clean-up, cut corporate tax to 25%, says Arvind Panagariya
Arvind Panagariya, who had served as the first Vice Chairman of the NITI Aayog, said that the government can start by cutting corporate tax to 20 percent and removing exemptions
India must complete its reform process in next five years, focus on growth of labour-intensive sectors: Arvind Panagariya
Panagariya was responding to a question on what the priorities should be of the government that comes into power when elections end next month.
Modi govt achieved 'major successes' in social schemes, made 'unprecedented progress' in tackling corruption: Arvind Panagariya
Former NITI Aayog vice-chairman Arvind Panagariya said the Narendra Modi government has achieved 'major successes' in social sector programmes like the Ayushman Bharat, PM-Kisan and rural electrification.
The Economist magazine casts doubts over Congress' NYAY scheme, says it might contribute to injustice
Describing the scheme, the magazine said that rather than a “surgical strike” on poverty, NYAY is more like "dropping barrelfuls of ordnance from 30,000 feet."
Arvind Panagariya says India can explore possibility of free trade agreement with US in services sector
India currently has FTAs with over dozen countries including Japan, South Korea, Singapore and ASEAN nations.
It's almost impossible to take out 13% of Budget for NYAY, no road map to arrange fund for scheme: Arvind Panagariya
Earlier, Panagariya had said the implementation of the NYAY scheme not only poses a "fiscal challenge" to India's economy but also has a "serious incentive problem"
Congress party's Nyay scheme poses 'fiscal challenge' to economy, has a 'serious incentive problem', says Arvind Panagariya
Arvind Panagariya said the scheme is difficult to implement and unlikely to achieve its intended objective
After a disappointing 2018, will Narendra Modi risk disapproval or court fringe elements as 2019 elections approach?
Even to his admirers, 2018 will seem a bad year for Narendra Modi, and not only because it concluded badly for the BJP in the state elections.
RBI, FinMin should resolve differences; come together in national interest: Former NITI Aayog vice chairman Arvind Panagariya
The Finance Ministry and the RBI on several occasions in the past have witnessed divergence of views on key issues concerning interest rate, liquidity and management of the banking sector, but truce largely prevailed in the end.
Gita Gopinath, the new chief economist at IMF: A ‘neo-liberal’ who spooked Left’s old ideological guard
Gopinath joins the list of top economists India could have retained but now India's loss is IMF's gain
Arvind Panagariya says tariff wars have placed future of multilateral trading system at serious risk
On the ongoing global tariff wars, Panagariya praised the Indian government for not imposing a retaliatory tariff on US products as it could impose bigger injury on the nation.
Rupee depreciation was long overdue; country's macroeconomic management is sound: Arvind Panagariya
Panagariya said that he expects India's growth rate to cross the 8 percent mark by the third or fourth quarter of fiscal 2018-19