The writer is former chief economic advisor to the government of India.
December 10, 2019 00:30 IST
Running an economy, especially one that is in a predicament such as India’s today, is infinitely more complicated and the data demands are hence commensurately greater. A Data Big Bang effort along the lines proposed here would make that difficult task less challenging.
Tue, Dec 10, 2019June 11, 2019 00:00 IST
Methodological changes have led to overestimating GDP growth by 2.5 percentage points per year between 2011-12 and 2016-17. Actual growth is around 4.5 per cent.
Wed, Jun 12, 2019July 25, 2018 00:00 IST
The Office of the Chief Economic Adviser is a unique public institution — not just another cog, albeit technocratic, in the vast machinery of the government of the day.
Wed, Jul 25, 2018June 20, 2018 00:10 IST
Aggregate revenues have done well, despite headwinds, especially for less developed, consuming states
Wed, Jun 20, 2018January 30, 2018 05:57 IST
The Survey strives to combine rigor with readability, a challenge that increases in the same proportion as attention spans shrink (from absorbing op-eds to scrolling down tweets).
Tue, Jan 30, 2018December 07, 2017 00:50 IST
It must be brought within the ambit of the new tax regime. This will reduce costs, eliminate cross-subsidisation and restore the neutrality of incentives which is essential to good tax policy.
Thu, Dec 07, 2017June 08, 2017 17:58 IST
Excerpts from Arvind Subramanian's lecture delivered at the National Academy of Agricultural Sciences on June 5.
Thu, Jun 08, 2017April 04, 2017 00:53 IST
In the determination of the rate structure, the guiding principle should be: What will make for a GST that will facilitate compliance, minimise inflationary pressures, be a buoyant source of revenue, command support from the public?
Tue, Apr 04, 2017March 03, 2017 00:05 IST
The Goods and Services Tax will be truly transformational when domains like real estate are brought in its ambit.
Fri, Mar 03, 2017February 28, 2017 00:15 IST
The stunning theoretical contributions of Kenneth Arrow, who died last week, both built and undermined all of politics and all of market economics
Tue, Feb 28, 2017February 08, 2017 00:00 IST
A centralised Public Sector Asset Rehabilitation Agency (PARA) could help over-leveraged corporates and bad-loan encumbered banks.
Wed, Feb 08, 2017February 01, 2017 00:00 IST
Economic reforms are not, or not just, about overcoming vested interests; they are increasingly about shared narratives on problems and solutions. Economic Survey builds on this idea.
Wed, Feb 01, 2017November 09, 2016 00:02 IST
It will also promote indigenous research and science, incentivise pulses production, rationalise pricing.
Wed, Nov 09, 2016September 08, 2016 00:02 IST
The sharp increase in nominal growth is welcome: It signals improvement in underlying real economic activity, holds out hope for the health of the corporate and banking sectors.
Thu, Sep 08, 2016June 23, 2016 00:02 IST
Government’s measures to boost the apparel industry are timely as China’s declining competitiveness provides opportunity for India.
Thu, Jun 23, 2016April 02, 2016 00:10 IST
Several questions have been raised about our estimates of the savings from the DBT scheme for cooking gas. But all parties accept that the programme reduced subsidised sales by 24 per cent.
Sat, Apr 02, 2016November 30, 2015 00:11 IST
Shunning coal is not viable for India. World needs to come together to make it cleaner.
Tue, Dec 01, 2015June 12, 2015 00:01 IST
In these unusual times, measures of inflation make monetary policy a fraught issue.
Tue, Jul 21, 2015May 13, 2015 00:00 IST
At COP-21, India should highlight the domestic measures it has taken to fight climate change.
Wed, May 13, 2015