Chief Economic Adviser

Chief Economic Adviser KV Subramanian steps down after three-year tenure, will return to academics

The government had appointed Subramanian, a ISB Hyderabad professor, as the CEA in December 2018. He had succeeded Arvind Subramanaian

CEA asks govt to end forbearance window for borrowers, pitches for setup of 'bad bank' to deal with NPAs

A bad bank is a financial institution that takes over bad assets of lenders and undertakes resolution. Lenders have been making a case for a bad bank to ease pressure of bad loans in these difficult times

India likely to have current account surplus this fiscal, says CEA Subramanian

India identified the nature of the coronavirus crisis and treated it differently from other economic crises of the past, he noted while addressing a virtual conference organised by industry body CII

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

Growth slowdown due to local, global factors; govt taking steps to revive economy: CEA KV Subramanian

Attributing the slowdown in GDP growth to domestic and global factors, Chief Economic Adviser KV Subramanian on Friday said the government is taking various steps to boost economic expansion

Union Budget 2019 PDF: Full text of Nirmala Sitharaman's maiden Budget speech in Parliament; download here

Union Finance Minister Nirmala Sitharaman presented her maiden Budget speech in Parliament on Friday. She started by thanking the voters for re-electing the Narendra Modi-led NDA government, while adding that India has stamped its approval on a performing government as BJP worked to empower the citizens, following the motto of Mazboot Bharat ke liye Mazboot Nagarik.

Economic Survey 2018-19: Vision for electric mobility encouraging for EV makers, says industry body

The vision for electric mobility highlighted in Economic Survey is encouraging for electric vehicle (EV) makers and will clear doubts amongst fence sitters and motivate them to come up with new energy products, according to industry players

Economic Survey 2019 says airports, monuments, trains, roads could be named after highest taxpayers over decade

To improve tax compliance, the Economic Survey 2018-19 on Thursday suggested that the government could consider giving top-10 taxpayers in each district recognition by way of "diplomatic"-type privileges at the immigration counter, express boarding at airports, and even naming of roads, buildings and schools

Economic Survey 2019 says India needs to raise retirement age as country set to witness sharp slowdown in population growth

Sounding a note of caution, the Economic Survey Thursday said India is set to witness a sharp slowdown in population growth over the next two decades

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