Prime Ministers Economic Advisory Council

Govt seeks up to 100% dividend from 12 public sector firms as fears of tax revenue shortfall loom

The demand has been made following a finance ministry assessment on 25 October of the financial health of 14 state companies, including top miner NMDC Ltd and trading firm MMTC Ltd

Govt likely to stick to deficit target, may step up bank reform, says PMEAC member Surjit Bhalla

Economic growth slipped to its lowest level in three years in the first quarter, logging an annual rate of 5.7 percent

Narendra Modi revives PM's Economic Advisory Council: Can Bibek Debroy and his team reboot economy?

Narendra Modi has revived the UPA-era Prime Minister's Economic Advisory Council (PMEAC). Following is a roundup of the PMEAC and the nature of its work.

Expect better IIP numbers in second half of financial year: C Rangarajan

Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan today expressed the hope that India's industrial output growth will pick up in the second half of the current fiscal year.

Economy will see 6 percent growth this fiscal: C Rangarajan

"It can be said that the growth of the gross domestic product (GDP) will be 6 per cent...as the monsoon is favourable, reflecting increasing public sector investment," Rangarajan said.

Lowering of rates depends on fiscal deficit: Montek

India's fiscal deficit is expected to be 5.6 percent of Gross Domestic Product (GDP) this fiscal as against the budget estimates of 4.6 per cent of GDP.

No moderation in inflation for RBI to change policy: Rangarajan

His comments followed the release of data which showed that the overall inflation remained close to the double-digit mark, at 9.72 percent, in September on account of costlier food products, fuel and manufactured goods.<br /><br />