Bibek Debroy

Bibek Debroy, renowned for his ten-volume translation of the Mahabharata, passed away shortly after a discussion on translations. Debroy significantly contributed to India's legal reforms and made ancient texts accessible, leaving a lasting legacy in academia and government

Bibek Debroy, economist and PM-EAC chairman, passes away at 69

Debroy made significant contributions to India's policy-making and Indology

India needs a new poverty line estimate, says EAC-PM chairman Bibek Debroy

Debroy contends that poverty line estimate given by the Tendulkar committee is over a decade old. He added that it is Important to look at state wise inequality estimates

Congress MLA Jignesh Mevani takes out rally demanding removal of EAC-PM chief Bibek Debroy over 'new Constitution' article

The Dalit leader joined the rally taken out by a group of people to protest against Debroy and submitted a memorandum to district collector Praveena D K demanding the EAC-PM chairman's removal and a clarification from Prime Minister Narendra Modi.

EAC-PM Chairman Bibek Debroy complains about Air India after flight delay

In a series of tweets, he said that he was fed up with Air India after the flight AI 687 from Mumbai to Delhi was delayed.

Budget 2023 may peg nominal growth at about 12.5%, GDP could rise 6.5%, Bibek Debroy says

India does not face any domestic uncertainties despite global headwinds, the chairman of the Economic Advisory Council to the Prime Minister says

Budget 2023 | Finance Minister faces challenge of continuing capex push, Bibek Debroy says

While revenue expenditure is sticky, the finance minister also needs to lower the fiscal deficit in order to meet its medium-term target, Bibek Debroy says.

Budget 2023: Bibek Debroy hopes for move towards exemption-less tax system

The big pending agenda is the removal of exemptions both on the personal income tax side and the corporate side, Bibek Debroy says.

Bibek Debroy of PM's Economic Advisory Council bats for new income-tax regime

Although Budget 2020 introduced a new income-tax regime, there have been few takers for it. Since its introduction, the government hasn’t tinkered with it. Yet, experts like Bibek Debroy feel that the future of direct taxes lies in removing all deductions and exemptions.

EAC-PM Chairman Bibek Debroy suggests single rate GST, exemption-less taxation

"On GST, it is my submission, therefore, there should be a single rate. I don't think we will ever get it," Bibek Debroy said at an event here.

Bibek Debroy bats for single GST rate, removal of tax exemptions

Debroy argued that it is the direct tax system that must be progressive, and not the indirect tax regime. As such, the GST rate should not depend on what the product is

Indian economy can touch $20 trillion by 2047: Bibek Debroy

Releasing 'The Competitiveness Roadmap for India@100', Debroy also said the country's annual per capita income will be over USD 10,000 if the country grows at an average economic growth rate of 7-7.5 per cent in the next 25 years.

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Sanjeev Sanyal appointed full-time member of Economic Advisory Council to PM

Sanyal, a former global strategist and managing director at Deutsche Bank, had joined the Finance Ministry as the principal economic adviser in February 2017.

The Aligned Mind | Bibek Debroy's uncertainty principle

Love uncertainty and embrace risk, but don’t apply that principle indiscriminately, says economist Bibek Debroy.

Bibek Debroy on private trains: Railways can target passengers in the 400 to 1,200 km segment

Bibek Debroy, who was head of a committee formed by the government to lay out a roadmap for private participation, told Moneycontrol that running some private trains is only a very small part of the overall picture.

COVID-19 pandemic: NITI vice-chairman, members, EAC-PM chairman take 30% salary cut for a year

The money will be contributed to the PM Citizens' Assistance and Relief in Emergency Situation (PM-CARES) fund, it added.

Govt to repeal Plantation Labour Act; tea industry concerned

Addressing a programme here, the economist said the central government has also brought a new set of wage code replacing, among others, the Minimum Wage Act of 1948.

India can end up with 5% real GDP growth this fiscal: Bibek Debroy

"This year the growth rate will end at five per cent and this is real and not nominal ... Next year, the GDP growth rate could be anything between 6 to 6.5 per cent," Debroy said.

Impact of GST will take time to show results: Bibek Debroy

Noting that Goods and Services Tax (GST) is a work in progress, he said that when it was introduced, there were people who said the new indirect tax regime would lead to incremental GDP growth of 1.5-2 per cent.

India’s GDP will inch up to around 7% in FY21: Bibek Debroy

India needs to focus on decentralization not only from Union government to state government but within states

Govt reconstitutes Economic Advisory Council to the PM under Bibek Debroy

While Ashima Goyal continues to be one of the part-time members, Sajjid Chenoy has been roped in as the new member.

Q1 growth validates strong fundamentals of economy, says Bibek Debroy

The Indian economy grew at 8.2 percent in the first quarter of 2018-19 on good show by manufacturing and farm sectors.

95% entrepreneurial attempts fail in India: Bibek Debroy

Speaking at the convocation of the International Management Institute (IMI) here, Debroy said that prime minister's initiatives of 'Startup India' and 'Stand-Up India' were not meant for the corporates, but for every Indians to flower, blossom and flourish.

India's net exports not doing well: Bibek Debroy

Debroy further highlighted that India is facing a dilemma from the point of view of pushing exports, as exporters would like exchange rate to depreciate, however exchange rate might not depreciate as much as exporters want because of capital inflows.