July 23, 2019 5:40 am
Arvind Subramanian’s paper, other micro data, suggest an impending economic slowdown. Policymakers must take notice and act.
July 19, 2019 7:32 am
In a paper presented at the India Policy Forum in New Delhi, Subramanian begins by arguing that in the period between 2011 and 2016, the Indian economy was hit by a series of shocks which should have negatively impacted economic activity.
July 18, 2019 9:54 pm
In a new paper 'Validating India's GDP Growth Estimates', Arvind Subramanian said he had indicated his doubts on the growth numbers in the Economic Survey in 2015 as well as mid-year Economic Analysis.
July 13, 2019 10:37 am
New GDP series is not comparable with earlier series, shows improvements.
July 11, 2019 4:32 am
Subramanian also said that his research paper was a validation exercise of GDP from demand side, and not a new way to estimate GDP.
July 04, 2019 9:11 pm
In his research paper, Subramanian concluded that India's growth rate has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17, triggering a heated debate over the accuracy of growth figures.
June 20, 2019 7:07 am
The EAC note states that the former CEA used 17 indicators and a majority of these were taken directly from Centre for Monitoring Indian Economy (CMIE), a private agency that is not a primary source of information but collects it from different sources.
June 16, 2019 9:57 am
The slate is always full of writing — some helpful, some harmless, some a headache and some a hindrance!
June 15, 2019 8:29 am
Is it possible that growth was over-estimated by a large 250 bps a year for five years and no one knew about it, including economists in government?
June 13, 2019 4:01 am
The Council pointed out several flaws in Subramanian’s analysis, arguing that he used questionable proxy indicators and his research did not allow for GDP increases on the basis of productivity gains.
June 20, 2018 6:30 pm
Chief Economic Advisor Arvind Subramanian on Wednesday said he will leave his role at the Finance Ministry in a couple of months. He said he will always be committed to serving the country.
December 23, 2018 6:21 pm
In this edition of the Idea Exchange, Former Chief Economic Adviser Arvind Subramanian talks about demonitisation, defends GST, explains the reasons why growth has not been robust and reflects back on his tenure as Chief Economic Adviser of India.
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