Dr. Pronab Sen

Instead of privatization, the government should immediately implement a European model in India that will allow banks to raise money in the capital markets for lending purposes, says Pronab Sen

RBI acted too late, it should have been thinking about inflation at least six months earlier, says former chief statistician Pronab Sen

While global prices have been going up, which is outside our control, but there was a need to make sure that this important price increase didn't feed into a national pricing process, says Sen

Ex-chief statistician defends new GDP calculation method

Defending the new GDP calculation methodology, chief statistician Dr. Pronab Sen says it is the rebasing that has had a fairly dramatic effect.

How rising rural wages impact India's growth dynamics

A big component of the CPI is the food inflation that has risen primarily because of a strong 17.5 percent growth in rural wages through the 11th plan period from 2007 to 2012.

See 25 bps repo rate hike; growth forecast trimmed: Nomura

Sonal Varma, Chief Economist at Nomura India, is expecting a 25 bps repo rate hike on October 29, followed by another 25 bps hike. She further expects the RBI to cut its growth forecast from 5.5 percent to 5 percent.

Don't see Rajan index formula adopted in toto: Pronab Sen

Dr Pronab Sen, former planning commission member and chief statistician of India does not think the ministries would adopt the Raghuram Rajan formula in toto in every case. Dr NK Singh former revenue and expenditure secretary also agrees with Sen.

How important is power sector for India? Experts answer

In a infrastructure panel discussion on building future proof power plants with CNBC-TV18’s Siddharth Zarabi, eminent panelists discuss the very crucial issue for the Indian economy.