Kv Subramanian

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 2020 tries to settle debate over veracity of macroeconomic data; says concerns on GDP growth estimates unfounded

India's GDP growth is neither overestimated nor underestimated and the concerns on data are "unfounded", the Economic Survey 2019-20 said on Friday as it tried to settle the debate over veracity of the macroeconomic data following change in estimation methodology

Veg thalis affordability improves 29%; non-veg by 18% during 2006-07 to 2019-20: Economic Survey

Making an attempt to quantify what a common person pays for a 'thali' across India, the Economic Survey on Friday said affordability of vegetarian 'thalis' improved by 29 percent while that of non-vegetarian by 18 percent during the 2006-07 and 2019-20 period

Economic Survey 2019-20 highlights: GDP growth to rebound in FY21, share of formal employment rises; 2.62 cr new jobs created

India's economic growth is expected to "strongly rebound" to 6-6.5 percent in 2020-21 from 5 percent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government with a strong mandate has the capacity to expedite reforms

Economic Survey 2020: India needs to spend $1.4 trillion on infrastructure during FY2020-2025 to reach $5 trillion economy

To spur economic growth and achieve $5 trillion economy, India needs to spend about $1.4 trillion on the infrastructure sector during FY2020-2025, the Economic Survey tabled in Parliament said on Friday

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

Fundamentals of economy 'very very strong' says CEA Subramanian; urges industry to start making investments

Chief Economic Advisor KV Subramanian on Wednesday called upon the industry to start making investments, stressing that the fundamentals of the economy are "very very strong"

Corporate tax cut a signal to structural reforms, govt should focus on non-tax revenues to offset deficit: CEA

On 20 September, Finance Minister Nirmala Sitharaman had announced a reduction in the base corporate tax rate to 22% from 30% as part of stimulus measures to revive the slowing economic growth.

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

Stimulus to industry creates moral hazard, says chief economic adviser KV Subramanian

Skeptical about the efficacy of a bailout package to Indian industry, Chief Economic Adviser KV Subramanian on Thursday said any such step will be a "moral hazard" and an "anathema" to the market economy