Economic Advisory Council
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Why Union Budget 2020 is an opportunity for govt to demonstrate its intent to rebuild economic policy credibility
Srikanth •Union Budget documents show that from FY17 to FY20, capital expenditure allocation went up by 18 percent over four years; revenue expenditure went up by 45 percent in that same period: nearly 2.5 times more
India's jobs crisis: It's no more about who's responsible, it's about what we do now to arrest precipitous slide
Dinesh Unnikrishnan123 •The Narendra Modi government, very prickly about criticism on the economy, has been defending the problem of job deficit by picking the methodology that suits its counter-narrative, using the EPFO-based methodology.
How should Reserve Bank manage the rupee, stock picks from tech analysts; all this and more on Moneycontrol Pro
Moneycontrol123 •As the economic slowdown depeens, different government officials are speaking in different voices
EAC-PM to come out with point-by-point rebuttal of former CEA Arvind Subramanian's claims on GDP numbers
•The Economic Advisory Council to the prime minister on Wednesday refuted the claims of former CEA Arvind Subramanian regarding overestimation of GDP numbers and said it will come out with a point-by-point rebuttal in due course
PMEAC member Rathin Roy's claim of consumption boom petering out is out of sync with economic momentum on ground
Sanju Verma •Besides Make in India, the road to a 10 percent GDP growth for the country is being driven by the ongoing revolution in communications
New RBI governor should follow his "dharma" to protect central bank's autonomy, says Rangarajan
•Rangarajan said there are questions about the deflator that has been used and also on data on company affairs.
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.
Pakistan economic advisory council mulls banning imports of smartphones, cheese to avoid IMF bailout
•That has prompted most financial analysts to predict Pakistan will turn to the IMF for its 15th bailout since the early 1980s.
Atif Mian resigns from Pakistan's Economic Advisory Council; Twitterati slams PTI-led govt for telling him to step down
Fp Staff •The PTI-led government had nominated Dr Atif Mian to be part of the 18-member EAC, to inform, optimise and synergise the formulation and implementation of its economic and financial policies.
Govt has taken host of reforms, but could have done much more over past four years: EAC-PM member Shamika Ravi
•Shamika Ravi emphasised that India will have made its manufacturing sector attractive to compete in global markets