Arvind Subramanian

Arvind Subramanian News

India sceptics, don’t worry! Country is un-stalling its rise
India

India sceptics, don’t worry! Country is un-stalling its rise

India is facing up to issues that it has long preferred to ignore — from eradicating regulatory chokes to building a strong national manufacturing base

Esther Duflo, Raghuram Rajan, Arvind Subramanian on economic advisory panel, says Tamil Nadu guv
India

Esther Duflo, Raghuram Rajan, Arvind Subramanian on economic advisory panel, says Tamil Nadu guv

The council is to prepare a roadmap for 'rapid' and inclusive economic growth of the state, Banwarilal Purohit said in his first address to the House

'Centre, not states should pay for COVID vaccine': Arvind Subramanian recommends free jabs to avoid politicisation
India

'Centre, not states should pay for COVID vaccine': Arvind Subramanian recommends free jabs to avoid politicisation

Stating that the Centre has better access to resources, the former CEA argued that the fiscal 'costs' of free vaccine are trivial compared to lives saved and economic activity preserved

'Ashoka University will remain committed to academic freedom': Full text of Chancellor Rudrangshu Mukherjee's statement
India

'Ashoka University will remain committed to academic freedom': Full text of Chancellor Rudrangshu Mukherjee's statement

The Ashoka University was at the centre of a controversy this week, with the resignations of political commentator Pratap Bhanu Mehta and economist Arvind Subramanian from its faculty

Ashoka University acknowledges 'lapses in institutional processes' over Pratap Bhanu Mehta's resignation
India

Ashoka University acknowledges 'lapses in institutional processes' over Pratap Bhanu Mehta's resignation

Mehta resigned as professor earlier this week, saying that the founders made it 'abundantly clear' that his association with the institution was a 'political liability'

Pratap Bhanu Mehta a thorn to establishment, says Raghuram Rajan on professor's exit from Ashoka University
India

Pratap Bhanu Mehta a thorn to establishment, says Raghuram Rajan on professor's exit from Ashoka University

In a Linkedin post, former RBI governor Rajan said that free speech has suffered a "grievous blow" in India this week as professor Mehta, one of India's finest political scientists, resigned from the varsity

After Pratap Bhanu Mehta, former CEA Arvind Subramanian resigns from Ashoka University
India

After Pratap Bhanu Mehta, former CEA Arvind Subramanian resigns from Ashoka University

Other faculty members wrote to the vice chancellor and board members saying that the resignations 'raise urgent questions about the university's commitment to academic freedom'

Economy close to collapse; rising unemployment, falling consumption making India poorer: P Chidambaram
Business

Economy close to collapse; rising unemployment, falling consumption making India poorer: P Chidambaram

Former finance minister P Chidambaram on Monday tore into the Modi government's handling of the economy, saying it was close to collapse and was been attended by "very incompetent doctors."

Economic Survey 2019-2020 sources data from Wikipedia, private entities such as Bloomberg and BSE
India

Economic Survey 2019-2020 sources data from Wikipedia, private entities such as Bloomberg and BSE

The Economic Survey 2019-20 has sourced certain data from Wikipedia, which is not considered as reliable source of information.

Economic Survey 2020 tries to settle debate over veracity of macroeconomic data; says concerns on GDP growth estimates unfounded
Business

Economic Survey 2020 tries to settle debate over veracity of macroeconomic data; says concerns on GDP growth estimates unfounded

India's GDP growth is neither overestimated nor underestimated and the concerns on data are "unfounded", the Economic Survey 2019-20 said on Friday as it tried to settle the debate over veracity of the macroeconomic data following change in estimation methodology

Economic Survey 2020: CEA K Subramanian takes on predecessor Arvind Subramanian for questioning India’s GDP numbers
Business

Economic Survey 2020: CEA K Subramanian takes on predecessor Arvind Subramanian for questioning India’s GDP numbers

The Economic Survey has projected a 6-6.5% GDP growth for 2020-21. But, there will be much skepticism on this number given that in the last survey, the growth was projected at 7% whereas the actual growth is likely to end up around 5%.

India facing 'Great Slowdown', economy headed to ICU, says former CEA Arvind Subramanian
Business

India facing 'Great Slowdown', economy headed to ICU, says former CEA Arvind Subramanian

India is facing a "Great Slowdown" with its economy headed for intensive care unit primarily due to a "second wave" of the twin balance sheet crisis at banks, former Chief Economic Adviser Arvind Subramanian has said

GST needs to be simpler: It’s time five slabs plus multiple levies gives way to three-rate structure
Business

GST needs to be simpler: It’s time five slabs plus multiple levies gives way to three-rate structure

The GST Act mandates that the states should be given compensation for revenue shortfall of below 14 percent growth for the first five years of the GST rollout.

GST mess: Two-and-half years on, much-hyped indirect tax reform needs a major overhaul; govt should launch three-slab structure
Business

GST mess: Two-and-half years on, much-hyped indirect tax reform needs a major overhaul; govt should launch three-slab structure

The GST Act mandates that the states should be given compensation for revenue shortfall of below 14 percent growth for the first five years of the GST roll-out.

Missing consumer expenditure survey: Everyone knows what the numbers signal; opaqueness will only widen trust deficit
Business

Missing consumer expenditure survey: Everyone knows what the numbers signal; opaqueness will only widen trust deficit

One just needs to look at the sales figures of auto makers, FMCG companies and state of the manufacturing and construction sector to understand where does the consumer confidence indicators point at this stage.

Tata Literature Live 2019: Shortlists for five awards, including Book of the Year, announced
Life

Tata Literature Live 2019: Shortlists for five awards, including Book of the Year, announced

The Tata Literature Live! Mumbai LitFest, scheduled to take place from 14-17 November 2019, announced the final shortlists for five awards. The Tata Literature Live! Mumbai LitFest, scheduled to take place from 14-17 November 2019, announced the final shortlists for five awards.

Mocking Abhijit Banerjee's work ethic is bad form, govt must seek Nobel winner's counsel instead
Business

Mocking Abhijit Banerjee's work ethic is bad form, govt must seek Nobel winner's counsel instead

Over the years, Abhijit Banerjee, along with his wife Esther Duflo has done commendable work in identifying reasons for poverty on the ground through the Abdul Latif Jameel Poverty Action Lab (J-PAL), which they co-founded with Sendhil Mullainathan in 2003

PMEAC Chairman Bibek Debroy’s warning on economic slowdown shows govt’s top advisors aren’t living in denial any longer
Business

PMEAC Chairman Bibek Debroy’s warning on economic slowdown shows govt’s top advisors aren’t living in denial any longer

The PMEAC chairman’s warnings and prescriptions should be an eye-opener to the government in the present economic scenario