Arvind Subramanian

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Arvind Subramanian - Total results - 266
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

Economic slowdown 'very worrisome', new set of reforms needed: Former RBI governor Raghuram Rajan
Business

Economic slowdown 'very worrisome', new set of reforms needed: Former RBI governor Raghuram Rajan

Former RBI Governor Raghuram Rajan has called a slowdown in the economy "very worrisome" and said the government needs to fix the immediate problems in power and non-bank financial sectors and come out with a new set of reforms to energise private sector to invest

Former CEA Arvind Subramanian rubbishes govt arguments; sticks to claim of India overestimating GDP growth
Business

Former CEA Arvind Subramanian rubbishes govt arguments; sticks to claim of India overestimating GDP growth

Sticking to his analysis that India's economic growth has been overestimated, Arvind Subramanian said he had raised doubts about the GDP numbers in 2015 when he was the chief economic adviser of the Modi government as he found inconsistency between projected growth and other macro indicators

Former CEA Arvind Subramanian defends controversial argument on GDP overstimation
Business

Former CEA Arvind Subramanian defends controversial argument on GDP overstimation

India's GDP growth rate between this period should be about 4.5 percent instead of the official estimate of close to 7%, he said in a research paper published at Harvard University.

Economic Survey 2018-19: CEA rejects Arvind Subramanian's claims, says hard to create wrong narrative
Business

Economic Survey 2018-19: CEA rejects Arvind Subramanian's claims, says hard to create wrong narrative

Chief Economic Adviser K Subramanian on Thursday seemed to rubbish his predecessor Arvind Subramanian claim of India overestimating its growth rate, saying that it is very hard to create a narrative which is different from the truth

RBI’s financial stability report: Why it’s high time Shaktikanta Das did a Raghuram Rajan-style AQR before shadow bank crisis blows up
Business

RBI’s financial stability report: Why it’s high time Shaktikanta Das did a Raghuram Rajan-style AQR before shadow bank crisis blows up

The RBI’s worry is not without reason. In the recent past, two NBFCs have faced a major crisis situation—IL&FS and DHFL—on account of a severe liquidity shortage.

Viral Acharya resigns from RBI: Why deputy governor’s untimely exit will be watched for implications on monetary policy
Business

Viral Acharya resigns from RBI: Why deputy governor’s untimely exit will be watched for implications on monetary policy

Acharya entered the scene at RBI as a low profile candidate. Unlike Rajan, not many knew him prior to this post. But for sure, Acharya isn’t exiting as a low key