GST mess: Two-and-half years on, much-hyped indirect tax reform needs a major overhaul; govt should launch three-slab structure
Dinesh Unnikrishnan123 • 5 years agoThe 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
Dinesh Unnikrishnan123 • 5 years agoThe 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
Fp Research • 6 years agoThe 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
Dinesh Unnikrishnan123 • 6 years agoNITI 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
Fp Staff • 6 years agoIn 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
• 6 years agoRajiv 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.
India lacks good economic, jobs data due to informal economy: PM-EAC chairman Bibek Debroy
• 6 years agoFinance Commission chairman cautions against fiscal slippage; says will impact macroeconomic stability
• 6 years agoSingh 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
Fp Staff • 6 years agoNews 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
Fp Staff • 6 years agoOpposition 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.