Planning Commission

"Since the NITI Aayog has been planned, I have not seen a single work being done because they don't have any power. Earlier, there was a Planning Commission. As a chief minister... at that time I saw there was a system," she said.

MC Explains: The Great Indian Poverty Debate

A slew of recent research papers that offer opposing viewpoints has reignited the old debate --- has poverty in India diminished or increased? Moneycontrol examines the issue.

Centre to set up 16th Finance Commission to suggest Centre-state tax devolution beginning FY27

As per the glide path for fiscal consolidation, the government aims to bring down the fiscal deficit to 4.5 per cent of gross domestic product (GDP) by the 2025-26 fiscal.

Changing the rules to an exemption-free income tax regime would be a bad policy: Montek Singh Ahluwalia

Such a change could create an assumption that the fiscal system can do whatever it likes, whenever it likes, Montek Singh Ahluwalia tells Moneycontrol.

Are we going to continue a food subsidy that extends to 66 percent of the population? Questions Montek Singh Ahluwalia

Instead, food and fertilizer subsidies should be converted into cash transfers, Montek Singh Ahluwalia tells Moneycontrol.

Rising currency is an “absurd outcome” for a country that is running current account deficit: Montek Singh Ahluwalia

The former planning commission deputy chairman says a rising currency is an “absurd outcome” for a country that is running a current account deficit.

India to grow faster than DMs, EMs but must target higher: Montek Singh Ahluwalia

India’s economy is poised to be the fastest growing major economy this year in a world that is slowing amid a coordinated monetary tightening globally

Finance Minister Nirmala Sitharaman has one of the toughest jobs in the world, says Montek Singh Ahluwalia

The transition to 8 percent growth is not going to be possible unless India retains the sensible view that it needs to continue to open and integrate with the world, Ahluwalia says

Remembering Abhijit Sen

Sen, an economist who made multiple contributions to Indian policymaking, passed away on August 29.

Futures trading ban has rarely cooled agri commodity prices. Will it do this time?

The ban, which will be in force for a year, is meant to prevent speculative transactions-led price volatility in the physical market for commodities.

India Economic Survey 2017: Govt may refrain from making comments on fisc deficit, says Sen

Former Principal Advisor to Planning Commission Pronab Sen has expressed apprehensions over the applicability of the Economic Survey 2017 in the Budget.

Note ban may pull down GDP to 5% this fiscal: Ahluwalia

The demonetisation drive has disrupted the "underlying strength" of the economy, which is likely to see up to 2 percent fall in growth at around 5 percent, former deputy chairman of the erstwhile Planning Commission Montek Singh Ahluwalia said.

PM to take stock of economy at meet with experts today

Prime Minister Narendra Modi will take stock of the economy with experts at NITI Aayog tomorrow against the backdrop of currency crunch post demonetisation and discuss ways to speed up growth.

Noted economist Saumitra Chaudhuri passes away

Noted economist and former Planning Commission member Saumitra Chaudhuri passed away today early morning.

Here are key takeaways from the minutes of first MPC meet

The Reserve Bank of India on Tuesday released the minutes of the first monetary policy committee (MPC) meet.

Power Minister should apply brakes on coal expansion: Greenpeace

The green body also lauded the Minister for questioning the excessive investments in past in coal and for highlighting "irrational investments" in adding generating capacity during the previous UPA government.

We have acted fast; we have almost done our job: NITI Aayog

In a free-wheeling chat with CNBC-TV18, Amitabh Kant talks about the suggestions made by the recommending body on divestments in public sector companies. He says it is up to the government to act on those suggestions.

NITI Aayog ensuring ease of doing business: Panagariya

Addressing the two-day conference on 'Cooperative Federalism: National Perspectives and International Experience', Panagariya defended the decision to replace the Planning Commission by NITI Aayog saying it was a "landmark" decision.

Here's what Abhijit Sen thinks of NDA govt's focus on MNREGA

Watch the interview of Abhijit Sen, Former Member of The Planning Commission with Ronojoy Banerjee on CNBC-TV18, in which he shared his readings and outlook on the NDA government's revamped focus on MNREGA.

Abolishing Plan Comm has been harmful for India: Manmohan

"Economic policy has no sense of direction and this is largely because Planning Commission, with all its deficiencies....was a positive dynamic instrument of steering the country's economy," Manmohan Singh said.

States to Centre: Make Niti Aayog monitoring agency for CSS

The Sub-Group of the Chief Ministers on 'Rationalisation of CSS' has also suggested that Niti Aayog should also emerge as a platform where issues impacting the implementation of such schemes can be addressed, sources said.

Arvind Panagariya new Sherpa for G-20 talks

As per the practice, the Deputy Chairman of the erstwhile Planning Commission used to be the Sherpa for G-20 talks. During the a decade long UPA regime, former Deputy Chairman of the Commission, Montek Singh Ahluwalia was the sherpa for G-20 talks.

NITI Aayog to bring integrated energy policy: Panagariya

In 2013-14, the Planning Commission had undertaken a major exercise that led to the creation of India Energy Security Scenarios (IESS) 2047, with an eye on assessing and predicting India's energy needs, domestic supplies and imports. IESS 2047 was launched in February last year.

Outlay in key rural schemes fall by Rs 12,637 cr: Par panel

The Standing Committee on Rural Development headed by AIADMK's P Venugopal has in its tenth report made a strong pitch for increasing the allocations under these schemes and asked the Ministry of Rural Development to pursue the matter with the Finance Ministry keeping in view the importance of rural development for inclusive growth.

NITI Aayog to push India's cyber defence system

NITI Aayog has replaced Planning Commission as a think tank.