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  • GST’s revenue neutral rate needs to go higher

    Over the years, multiple slabs and rate cuts in the name of rationalisation have made the tax structure complicated and hampered collections. It’s time for a change

  • Q3 GDP numbers absolutely mystifying, difficult to comprehend, says former CEA Arvind Subramanian

    Q3 GDP numbers absolutely mystifying, difficult to comprehend, says former CEA Arvind Subramanian

    The economy is growing at seven and a half per cent, even though private consumption is at 3 per cent," Arvind Subramanian pointed out

  • Does Tamil Nadu need more bars? Ex-chief economic adviser responds

    Does Tamil Nadu need more bars? Ex-chief economic adviser responds

    Arvind Subramanian expressed concern about the migration of high-end talent to other states due to what he termed as an unattractive social infrastructure.

  • Manufacturing vs Services: Top economists Raghuram Rajan and Arvind Subramanian have different views on achieving Tamil Nadu's trillion dollar economy goal

    Manufacturing vs Services: Top economists Raghuram Rajan and Arvind Subramanian have different views on achieving Tamil Nadu's trillion dollar economy goal

    Despite the rising labour cost, Tamil Nadu has been able to achieve manufacturing investment owing to its skilled workforce, the economists said

  • Finmin begins hunt for next Chief Economic Advisor

    Finmin begins hunt for next Chief Economic Advisor

    A doctorate in economics or finance is desirable but not essential (a master's degree is essential), and the age limit is 56 years.

  • Raghuram Rajan, Arvind Subramanian, Esther Dufflo and Jean Dreze appointed to Tamil Nadu Govt advisory panel

    Raghuram Rajan, Arvind Subramanian, Esther Dufflo and Jean Dreze appointed to Tamil Nadu Govt advisory panel

    Governor Banwarilal Purohit said the council would consist of Nobel laureate Esther Duflo of the Massachusetts Institute of Technology (MIT), former Reserve Bank of India governor Raghuram Rajan.

  • Former CEA Arvind Subramanian joins Brown University as a senior fellow

    Former CEA Arvind Subramanian joins Brown University as a senior fellow

    Arvind Subramanian was India's CEA from October 2014 to June 2018.

  • Centre, not states should bear full cost of COVID-19 vaccines: Arvind Subramanian

    Centre, not states should bear full cost of COVID-19 vaccines: Arvind Subramanian

    Differentiation and complexity are unethical, unnecessary and difficult to implement, former chief economic advisor Arvind Subramanian said.

  • Ashoka University resignations: All the developments so far

    Ashoka University resignations: All the developments so far

    Faculty wrote to the vice chancellor and board members to state their “deep anguish” over Pratap Bhanu Mehta’s resignation, and noted that his exit sets a "chilling precedent for future removals of faculty.”

  • After Pratap Bhanu Mehta, Arvind Subramanian resigns as professor from Ashoka University

    After Pratap Bhanu Mehta, Arvind Subramanian resigns as professor from Ashoka University

    Subramanian, the former chief economic advisor, had joined the Ashoka University as a professor in the Department of Economics in July 2020.

  • Improving the economy's software will be more important than the Budget itself: Arvind Subramanian

    Improving the economy's software will be more important than the Budget itself: Arvind Subramanian

    In a paper titled The Economy and Budget: Diagnosis and Suggestions, co-authored with Josh Felman, Subramanian argued that the government can build on its strengths, by extending new welfarism to additional goods and services, while continuing to expand coverage of the goods and services it has already targeted.

  • India should resist misleading allure of domestic market; boost exports: Research paper

    India should resist misleading allure of domestic market; boost exports: Research paper

    The paper, jointly authored by Subramanian and Pennsylvania State University professor Shoumitro Chatterjee, said India is turning inward, domestic demand is assuming primacy over export orientation and trade restrictions are increasing, reversing a three-decade trend.

  • ‘Aatmanirbharta’ over export-orientation is ‘akin to killing the goose that lays the golden egg’: Arvind Subramanian

    ‘Aatmanirbharta’ over export-orientation is ‘akin to killing the goose that lays the golden egg’: Arvind Subramanian

    In a research paper, former CEA argues that the Indian domestic market is still quite small, and is likely to remain so over the medium-term, since domestic demand will be weighed down by heavy debts across the economic horizon—in firms, households, and the government.

  • Former CEA Arvind Subramanian is returning to India, to join Ashoka University as economics professor

    Former CEA Arvind Subramanian is returning to India, to join Ashoka University as economics professor

    Last year, Subramanian kicked off a controversy saying India’s Gross Domestic Product is overestimated by at least 2.5 percent between 2011-12 and 2016-17 due to a change in calculation methodology.

  • COVID-19 | FRBM framework will need to be updated, says former CEA Arvind Subramanian

    COVID-19 | FRBM framework will need to be updated, says former CEA Arvind Subramanian

    Subramanian, currently a visiting professor at Harvard University, further said reviving the financial sector is going to be critical for stimulating economic growth.

  • The economy was sick long before COVID-19 struck; the lockdown sent it to the ICU

    The economy was sick long before COVID-19 struck; the lockdown sent it to the ICU

    The coronavirus crisis will worsen India’s Four Balance Sheet problem.

  • 'Rainy day' is here, spend an additional Rs 10 lakh crore, says former CEA Subramanian

    'Rainy day' is here, spend an additional Rs 10 lakh crore, says former CEA Subramanian

    India should plan for a negative growth to combat the 'economic deluge' caused by the coronavirus outbreak, says Subramanian.

  • India GDP projections by World Bank, IMF too optimistic: Ex-CEA Arvind Subramanian

    India GDP projections by World Bank, IMF too optimistic: Ex-CEA Arvind Subramanian

    He said the country would require additional expenditure of Rs 10 lakh crore to bring the coronavirus-hit economy back on track.

  • A cold hard look at India’s growth model

    A cold hard look at India’s growth model

    A research paper by Arvind Subramanian and Rohit Lamba says Indian underperformance in broader categories of development is not an aberration that time will necessarily correct

  • CAA ploy to divert people's attention from eco slowdown: Sinha

    CAA ploy to divert people's attention from eco slowdown: Sinha

    "All sections of the society are disenchanted with the functioning of the government. Those in the government are great experts at diverting attention.

  • No space for expansionary fiscal policy: Ex-CEA Arvind Subramanian

    No space for expansionary fiscal policy: Ex-CEA Arvind Subramanian

    Subramanian further said that he thinks personal income tax cuts motivated by desired increased consumption are highly inequitable.

  • Why stock market is going up and economy is going down: Ex-CEA Arvind Subramanian

    Why stock market is going up and economy is going down: Ex-CEA Arvind Subramanian

    After rallying to its lifetime intra-day high of 41,719.29, the 30-share BSE Sensex on Thursday settled 115.35 points or 0.28 per cent higher at its fresh closing record of 41,673.92.

  • Arvind Subramanian and India’s Four Balance Sheet problem

    Arvind Subramanian and India’s Four Balance Sheet problem

    Arvind Subramanian’s latest Harvard University paper says the Indian economy is trapped in a vicious circle, as stress in the corporate and financial sectors are feeding on each other, driving the economy downwards

  • Arvind Subramanian rubbishes govt arguments; sticks to claim of India overestimating GDP growth

    Arvind Subramanian rubbishes govt arguments; sticks to claim of India overestimating GDP growth

    In a new paper 'Validating India's GDP Growth Estimates', the former CEA said he had indicated his doubts on the growth numbers in the Economic Survey in 2015 as well as mid-year Economic Analysis.

  • Former CEA Arvind Subramanian defends stance on GDP overestimation

    Former CEA Arvind Subramanian defends stance on GDP overestimation

    In a research paper, the former CEA questioned the government's official GDP growth figures and said that the country may have grown at an average 4.5 percent in the years between 2011-12 and 2016-17, instead of the 7 percent average official data.

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