Jul 19, 2021 08:16 PM IST
"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.
- Jul 16, 2021 04:22 PM IST
“Together with the reforms and focus on vaccination, I expect growth to start hitting close 6.5 to 7 percent from FY23 onwards and accelerate from there on,” Chief Economic Advisor Krishnamurthy Subramanian said at a virtual event organised by Dun & Bradstreet.
- Jul 15, 2021 07:11 PM IST
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.
- Apr 13, 2021 08:28 PM IST
Chief Economic Advisor Krishnamurthy Subramanian says the second wave of COVID-19 doesn't change fiscal projections as these are conservative, and has a better understanding of the disease and its impact. He also said it's premature to talk about the US proposal of a global minimum corporate tax.
- Jan 29, 2021 08:37 PM IST
Accounting sleight of hand and liberal evergreening allowed during that period only worsened the problems of non-performing assets (NPAs), the Economic Survey 2020-21 points out.
- Jan 29, 2021 06:06 PM IST
Krishnamurthy V Subramanian, chief economic adviser (CEA), takes recourse to wisdom spread over millennia from the Upanishads to Aristotle, from Gandhi to Einstein, from Subhashita to Thiruvalluvar and Tagore, to reinforce policy choices.
- Jan 29, 2021 08:19 AM IST
The Economic Survey usually provides detailed account of the state of the economy, prospects and the policy challenges. Here is what we can look forward to this year
- Jan 29, 2021 07:55 AM IST
Budget 2021 Highlights: Economic Survey 2021 has forecast India's economy to contract 7.7 percent in 2020-21
- Nov 27, 2020 09:23 PM IST
With the number of confirmed COVID-19 cases rising once again, the government’s representative - Chief Economic Advisor Krishnamurthy Subramanian - advised cautious optimism
- Sep 29, 2020 10:28 AM IST
Sensex and Nifty50 have already rallied by over 50 percent each from the March lows, but a roaring rally post the stimulus measure, if any, is unlikely, say experts.
- Sep 15, 2020 09:33 PM IST
Subramanian pointed out that core sectors like cement, steel, railway freight and Information and Communication Technology were all "in positive territory" for the first time since July 2019.
- Jun 11, 2020 06:00 PM IST
India's ability and willingness to repay debt is gold standard, he said making a case for ratings upgrade.
- May 13, 2020 07:37 PM IST
He added that the measures announced under the package not only work to save micro, small and medium enterprises (MSMEs), but also save jobs that the sector generates.
- Mar 08, 2020 05:39 PM IST
"What I want to emphatically state that the m-cap ratio is a totally incorrect metric for assessing the safety of the banks. No banking sector expert or banking regulator uses this measure," Subramanian said while addressing a select mediapersons at his office here.
- Feb 13, 2020 09:32 AM IST
"It's very hard to say how this will manifest in terms of India's trade relations with China. If we go by the experience of SARS (outbreak), India was not affected that much.
- Jan 30, 2020 08:34 PM IST
Last year, it was about nudge theory and behavioural economics. This year's Survey is expected to contain a chapter on a newer idea that needs to be brought on to mainstream policy practice from textbooks.
- Jul 16, 2019 09:50 PM IST
He also said that although the goal is a bit of a stretch, achieving $5 trillion economy by 2024-25 is possible.
- Jul 03, 2019 08:11 PM IST
The annual Economic Survey is usually presented a day before the presentation of the annual budget. It serves as the official report of the economy.
- May 10, 2019 04:12 PM IST
In a wide ranging interview to Moneycontrol, Chief Economic Adviser Krishnamurthy Subramanian said that a single rate GST structure is an ideal to move towards but there was a need to be practical as well
- Apr 24, 2019 11:44 AM IST
This is one of the bigger ideas that the economic survey this year would concentrate on - how to use technology and reduce regulations to bring markets closer to the farmers
- Apr 24, 2019 11:37 AM IST
This will be the first survey of authored by new Chief Economic Adviser (CEA) Krishnamurthy Subramanian and his team
- Mar 29, 2019 07:10 PM IST
The debt contract in itself has moral essence with the equity holder and the businessman keeps all the goods and repays the obligations to the banks.
- Mar 04, 2019 06:02 PM IST
India's economic growth rate has decelerated to a five-quarter low of 6.6 percent in the last quarter of 2018, dragged down by lower growth in consumer demand and government spending, raising concerns among policymakers and politicians.