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  • What to expect from CEA Nageswaran's third Economic Survey?

    Nageswaran will on January 31 present his third Economic Survey, a review of the country’s economic performance over the past fiscal

  • India well-covered to handle impact of El Nino on prices: CEA Nageswaran

    India well-covered to handle impact of El Nino on prices: CEA Nageswaran

    The CEA said that India's export of goods has stabilized at $450 billion amid the global economic slowdown. However, the export of services is experiencing steady growth, currently standing at $350 billion and expanding at a rate of 25-30%.

  • States to have bigger role in pushing growth over 6.5%: CEA Nageswaran

    States to have bigger role in pushing growth over 6.5%: CEA Nageswaran

    The government's top economist said the Centre will have a role to play in key areas such as securing India's energy needs as the world moves to cleaner sources of energy

  • India expected to become $7 trillion economy in seven years: CEA Anantha Nageswaran

    India expected to become $7 trillion economy in seven years: CEA Anantha Nageswaran

    Nageswaran also mentioned that the realistic medium-term growth is 6.5 per cent in contrast to eight or nine per cent, which was witnessed during the 2003-2008 period.

  • Must balance climate considerations and growth hopes, says CEA Nageswaran

    Must balance climate considerations and growth hopes, says CEA Nageswaran

    Nageswaran’s comments come before India assumes presidency of the G-20 in December

  • All about Dr V Anantha Nageswaran, new Chief Economic Advisor

    All about Dr V Anantha Nageswaran, new Chief Economic Advisor

    Economic Survey: Prior to his appointment as Chief Economic Adviser (CEA), Dr V Anantha Nageswaran worked as an author, teacher and consultant.

  • Public goods creation not focussed on enough in past decades: CEA Krishnamurthy Subramanian

    Public goods creation not focussed on enough in past decades: CEA Krishnamurthy Subramanian

    The government should not think of public goods as only those that enable human capital such as healthcare and education, but also needs to think in terms of physical and digital public goods, said Subramanian.

  • 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.

  • Govt begins process of selecting next CEA; Sanyal may take lead in drafting next Economic Survey

    Govt begins process of selecting next CEA; Sanyal may take lead in drafting next Economic Survey

    Subramanian, who announced on October 8 that he will not seek an extension, will go back to Indian School of Business, Hyderabad. It is also learnt that for now at least, he has no plans to write a book about his time in the Finance Ministry, unlike his predecessor Arvind Subramanian.

  • KV Subramanian steps down: Here's the full text of the outgoing CEA's statement

    KV Subramanian steps down: Here's the full text of the outgoing CEA's statement

    Subramanian had taken over the charge of CEA on December 7, 2018, nearly five months after his predecessor Arvind Subramanian had quit.

  • Exclusive | FY22 tax revenue targets could be exceeded, says chief economic advisor

    Exclusive | FY22 tax revenue targets could be exceeded, says chief economic advisor

    Speaking to Moneycontrol, Subramanian said the economic impact of the third wave could be minimal, and that the vaccination programme seemed well on track to inoculate all adults by December-end

  • Exclusive: Bharat Petroleum privatisation, LIC IPO to be completed in Q4FY22: Chief Economic Advisor

    Exclusive: Bharat Petroleum privatisation, LIC IPO to be completed in Q4FY22: Chief Economic Advisor

    Subramanian said that Air India’s privatisation is in an advanced stage, and that the government was confident of meeting the FY22 divestment target of Rs 1.75 lakh crore.

  • Interview | Inflation should remain range-bound till December, says chief economic advisor

    Interview | Inflation should remain range-bound till December, says chief economic advisor

    Strap: Chief economic advisor Krishnamurthy Subramanian said the Centre is confident of completing the privatisation of Air India and Bharat Petroleum and the Life Insurance Corporation initial public offering by the fourth quarter

  • Before IBC, there used to be feudalism with debtor in control: CEA K Subramanian

    Before IBC, there used to be feudalism with debtor in control: CEA K Subramanian

    Recently during the monsoon session of Parliament, Insolvency and Bankruptcy Code (Amendment) Bill 2021 was passed.

  • Economy to witness 6.5 -7% growth FY23 onwards, to accelerate further: CEA Krishnamurthy Subramanian

    Economy to witness 6.5 -7% growth FY23 onwards, to accelerate further: CEA Krishnamurthy Subramanian

    "Now, the commanding heights of the economy are basically being given to the private sector, with the government to be in only a few select sectors," Subramanian said.

  • Interview | Economic impact of third wave of COVID likely to be less than that of second wave, lockdowns: Chief Economic Advisor

    Interview | Economic impact of third wave of COVID likely to be less than that of second wave, lockdowns: Chief Economic Advisor

    Krishnamurthy Subramanian tells Moneycontrol in an interview that credit guarantee loans to small borrowers and MSMEs were more targeted and effective than any direct cash transfer. The government's budget plank of higher capital expenditure will have a substantial multiplier effect on the economy, he said.

  • New farm laws to boost competition; farmers can sell produce to corporates: CEA K Subramanian

    New farm laws to boost competition; farmers can sell produce to corporates: CEA K Subramanian

    New farm laws to boost competition; farmers can sell produce to corporates: CEA

  • May need another Rs 15,000 crore for vaccination says Chief Economic Advisor K V Subramanian

    May need another Rs 15,000 crore for vaccination says Chief Economic Advisor K V Subramanian

    Chief Economic advisor also said that the finance minister has mentioned front-loading of capital expenditure.

  • Macro Minutes Podcast | The economic impact of second Covid 'surge' will not be as large as the first one: Chief Economic Advisor

    Macro Minutes Podcast | The economic impact of second Covid 'surge' will not be as large as the first one: Chief Economic Advisor

    Speaking on the latest episode of “Moneycontrol Macro Minutes” podcast, Subramanian said that the government had been deliberately conservative in its forecasts for the current financial year. While not ruling out an economic intervention like last year should the need arise, Subramanian said any further measures announced would likely be on the fiscal support and capital expenditure side.

  • India’s infra push won’t succeed without reducing NPAs in sector: Chief Economic Advisor

    India’s infra push won’t succeed without reducing NPAs in sector: Chief Economic Advisor

    Krishnamurthy Subramanian’s views echo that of RBI Governor Shaktikanta Das. In July 2020, Das had said a big push for mega infrastructure projects could reignite the economy, but banks saddled with infra-related NPAs, may not be best placed to finance these projects.

  • Interview | New ‘bad bank’ will take in at least Rs 2 lakh crore of NPAs: Chief Economic Advisor Krishnamurthy Subramanian

    Interview | New ‘bad bank’ will take in at least Rs 2 lakh crore of NPAs: Chief Economic Advisor Krishnamurthy Subramanian

    In an interview with Moneycontrol, Krishnamurthy Subramanian also said the measures taken by the Modi government to deal with the latest economic crisis are less inflationary than interventions by previous governments, and that some 100 crore people may be vaccinated for free.

  • Interview | FY22 could be a big year for privatisation: Chief Economic Advisor Krishnamurthy Subramanian

    Interview | FY22 could be a big year for privatisation: Chief Economic Advisor Krishnamurthy Subramanian

    In an interaction with Moneycontrol, Krishnamurthy Subramanian also said that the idea of a 'bad bank' was being discussed ahead of the Budget, and that a counter-cyclical fiscal policy was part of pre-Budget deliberations.

  • Economic Survey 2021 pegs GDP growth at 11% in FY22, backs fiscal expansion to beat slowdown

    Economic Survey 2021 pegs GDP growth at 11% in FY22, backs fiscal expansion to beat slowdown

    The Economic Survey 2020-21 batted for a counter-cyclical fiscal policy, recommended a massive increase in healthcare spending in light of the COVID-19 pandemic and regulator for the sector, and criticised credit rating agencies, saying their assessment does not match India's fundamentals.

  • Interview | Government recognises this is time for fiscal measures: CEA Krishnamurthy Subramanian

    Interview | Government recognises this is time for fiscal measures: CEA Krishnamurthy Subramanian

    "If you look at international evidence during times of crises, government spending is really crucial, because both consumption and investment which comes from the private sector, go down,” CEA Krishnamurthy Subramanian said.

  • India may get its first woman chief economic adviser: Report

    India may get its first woman chief economic adviser: Report

    The government is looking for candidates for the advisory post, with only six months to go for Prime Minister Narendra Modi's 5-year term to end

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