Bibek Debroy

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Bibek Debroy - Total results - 53
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.

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

Union Budget 2019: Railway Budget ceased to be a separate event in 2016, ending 92-year-old history
Business

Union Budget 2019: Railway Budget ceased to be a separate event in 2016, ending 92-year-old history

The decision to merge the Railway Budget and the General Budget was based on the recommendations of the committee chaired by Bibek Debroy, a member of NITI Aayog.

NITI Aayog's criticism of Rahul Gandhi showcases its descent into political partisanship, casts shadow on its credibility
India

NITI Aayog's criticism of Rahul Gandhi showcases its descent into political partisanship, casts shadow on its credibility

NITI Aayog Vice-Chairman Rajiv Kumar spoke more like a BJP party spokesperson than the head of a policy think tank

EC writes to NITI Aayog vice-chairman Rajiv Kumar, asks him to explain comments against Congress' minimum income scheme plan
Politics

EC writes to NITI Aayog vice-chairman Rajiv Kumar, asks him to explain comments against Congress' minimum income scheme plan

In an interview, and on his Twitter, Rajiv Kumar had accused the Congress of promising the moon to win elections.

Rahul Gandhi's minimum income scheme will burst fiscal discipline, create incentives against work: NITI Aayog's Rajiv Kumar
India

Rahul Gandhi's minimum income scheme will burst fiscal discipline, create incentives against work: NITI Aayog's Rajiv Kumar

Rajiv Kumar said Rahul Gandhi's promise of providing Rs 72,000 annually to five crore families if voted to power will create strong incentives against work.

Finance Commission chairman cautions against fiscal slippage; says will impact macroeconomic stability
Business

Finance Commission chairman cautions against fiscal slippage; says will impact macroeconomic stability

Singh expressed apprehension that some states are not according priority to fiscal discipline, which was not the case earlier.

Economist Surjit Bhalla resigns from PM Narendra Modi's Economic Advisory Council
Business

Economist Surjit Bhalla resigns from PM Narendra Modi's Economic Advisory Council

News about Surjit Bhalla’s resignation comes a day after the Reserve Bank of India’s governor Urjit Patel quit abruptly after a months-long tussle over policy with the government.

Narendra Modi could host meeting this weekend to review state of economy; may take stock of rupee, fuel price crises
Business

Narendra Modi could host meeting this weekend to review state of economy; may take stock of rupee, fuel price crises

Opposition parties led by Congress have made spiralling fuel prices and plummeting rupee a political issue and questioned the efficacy of the government's economic policies.

Artificial Intelligence will not lead to overall less number of jobs in the country, says Bibek Debroy
Business

Artificial Intelligence will not lead to overall less number of jobs in the country, says Bibek Debroy

There is no need to be worried about Artificial Intelligence instead India "should be more concerned about human development and skill development", Debroy said

From banks' recapitalisation to job creation, five areas that Arun Jaitley should lay emphasis on in budget
Business

From banks' recapitalisation to job creation, five areas that Arun Jaitley should lay emphasis on in budget

Govt needs to have a war-room strategy on irrigation in budget as according to Bibek Debroy biggest problem of agriculture is the dry land issue

Budget and Beyond: I want everything to come under GST; there should be no exemptions, Bibek Debroy tells Firstpost
Business

Budget and Beyond: I want everything to come under GST; there should be no exemptions, Bibek Debroy tells Firstpost

Many of the things that this government has done will begin to show results with a slight time lag, be it improvements in the transportation sector, connectivity in the power sector, financial inclusion, Rera or GST (goods and services tax).

India likely to be a $7 trillion economy by 2030, per capita income will be $4,000, says Bibek Debroy
Business

India likely to be a $7 trillion economy by 2030, per capita income will be $4,000, says Bibek Debroy

If exchange rate remains what it is today then by 2035-40, India will be $10 trillion economy, says Bibek Debroy

India's Railways reforms: Despite progress elsewhere, restructure of bureacratic architecture remains pending
India

India's Railways reforms: Despite progress elsewhere, restructure of bureacratic architecture remains pending

In the second half of the NDA government's tenure, Minister of Railways Piyush Goyal seems inclined to complete the unfinished and challenging agenda to restructure and reform the bureaucratic architecture of India's state-owned transporter

GDP recovery to continue, EAC-PM's steps will bring stable economic growth: Bibek Debroy
Business

GDP recovery to continue, EAC-PM's steps will bring stable economic growth: Bibek Debroy

On a sequential basis, India's GDP growth for Q2 of the current fiscal went up to 6.3 percent, from 5.7 percent in June

Govt likely to stick to deficit target, may step up bank reform, says PMEAC member Surjit Bhalla
Business

Govt likely to stick to deficit target, may step up bank reform, says PMEAC member Surjit Bhalla

Economic growth slipped to its lowest level in three years in the first quarter, logging an annual rate of 5.7 percent

EAC member Rathin Roy dismisses IMF, World Bank India growth projections, says 'they often go wrong'
Business

EAC member Rathin Roy dismisses IMF, World Bank India growth projections, says 'they often go wrong'

The Asian Development Bank too lowered India's current fiscal growth to 7 percent from 7.4 percent, while the Reserve Bank of India (RBI) cut economic growth forecast to 6.7 percent from earlier projection of 7.3 percent.

PM's Economic Advisory Council tells govt: Stick to fiscal consolidation road map
Business

PM's Economic Advisory Council tells govt: Stick to fiscal consolidation road map

The Council, which met for the first time on Wednesday, has identified ten themes, including economic growth and job creations, that need attention