Cea

Market mayhem: Govt, RBI to take all necessary steps to quell 'fear sentiment' around coronavirus, says CEA KV Subramanian

The government and the RBI will take all necessary steps to quell the "fear sentiment" created due to coronavirus, Chief Economic Advisor Krishnamurthy Subramanian said on Friday

Economic Survey likely to forecast 2020/21 growth at 6-6.5%, CEA K Subramanian to officially announce details today: Report

The Economic Survey by chief economic adviser (CEA) Krishnamurthy Subramanian will be officially announced later in the day and the government will present its Budget on Saturday.

Ex-RBI governor Raghuram Rajan says India in midst of a 'growth recession with signs of deep malaise'

Former Reserve Bank of India governor Raghuram Rajan said India is in the midst of a "growth recession" with signs of deep malaise in the Indian economy that is being run through extreme centralisation of power in Prime Minister's Office and powerless ministers.

Cut in corporate tax rate was needed to spur investments, boost growth, says CEA KV Subramanian

Chief Economic Adviser KV Subramanian on Friday said that the government recognised the need to cut the corporate tax to boost investments

Falling GDP, collapsing wholesale prices: Is Indian economy heading to its worst show in September quarter since 2008 global financial crisis?

Indian economy had a shocker when the GDP growth slowed to a 6-year low of 5% in the April-June quarter. Even after that, there is no recovery in sight.

Nirmala Sitharaman's criticism of Manmohan Singh, Raghuram Rajan: Finance minister is right in tracing roots of NPA mess to UPA era

Responding to Sitharaman’s statement, Congress spokesperson Sanjay Jha tweeted suggesting that it is incorrect to blame the UPA for the mess.

Investment key to India becoming $5-trillion economy in five years, dip in GDP a matter of concern: CEA Krishnamurthy Subramanian

Subramanian said he has identified three engines to promote investment – land reform, labour reform, and power.

Energy firms not facing any challenge to secure funding, India may get $75 bn investment in gas infra: Dharmendra Pradhan

Recently, Andhra Pradesh has asked state-run power giant NTPC and Solar Energy Corporation of India for lowering the tariff of power supplied from some solar projects.

Climate Equity Act rallies for fairly assessing climate vulnerable communities in the climate crisis

The draft also sets a foundation for the Green New Deal, a policy plan to achieve net-zero emissions in 10 years.

Why Kaushik Basu’s assessment on GDP debate and his prescription to cure economic slump are confusing

Subramanian, after analysing 17 major economic indicators, also said that the weakness seen in the economy after 2011-12 didn’t correlate with the high GDP numbers reported under the new series.