Arvind Subramanian
The writer is former chief economic advisor to the government of India.
Wed, Jan 06, 2021
India continues to be successful in preventing child deaths, but the health and nutrition of the surviving, living child has deteriorated, somewhat worryingly.
Tue, Dec 22, 2020
Traditional redistribution, which aims to deliver on intangibles like health and education, has ceded to a distinctive ‘New Welfarism’, where Centre is demonstrably providing tangible essentials to citizens
Fri, Nov 27, 2020
Indian capitalism has long been stigmatised because of the murky two-way relationship between the state and industrial capital. If the line between industrial and financial capital is erased, this stigma will only become worse.
Thu, Oct 15, 2020
India does not have the luxury of abandoning export orientation, the alternatives are limited. Resisting the misleading allure of the domestic market, India should zealously boost export performance and deploy all means to achieve that.
Wed, Oct 14, 2020
Arvind Subramanian, Shoumitro Chatterjee write: Our growth model has been export-led and should not be abandoned. Export opportunities in general and in specific sectors could be significant even in a post-COVID world.
Mon, Aug 24, 2020
India has faced more challenges than anyone imagined to its health, institutions, federal relations, and national security; and, as a result, we have missed Jaitley’s presence even more than we feared.
Mon, May 11, 2020
Exceptional situation calls for creative solutions — new set of procedures that utilise much of existing IBC framework, reformed IBC, bad banks for stressed assets in power and real estate sectors.
Sat, May 09, 2020
Aravind Subramanian writes: Now, following the Covid-19 shock, red ink will be blotting balance sheets across the economy.
Fri, Apr 03, 2020
A common thread to many of these actions — indeed prerequisites for their success — is cooperation between the Centre and states.
Sat, Jan 11, 2020
It is bad enough that our higher education system has routinely been failing our youth. It is bad enough too that their prospects of getting decent, well-paying jobs are becoming more grim. To heap violence and physical and psychological insecurity only adds more hopelessness to their educational years
Fri, Dec 20, 2019
Indicators of exports, imports, and real government revenues are in negative territory, or close to it. Clearly, this is not an ordinary slowdown. It is India’s Great Slowdown.
Tue, Dec 10, 2019
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.
Wed, Jun 12, 2019
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, Jul 25, 2018
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, Jun 20, 2018
Aggregate revenues have done well, despite headwinds, especially for less developed, consuming states
Tue, Jan 30, 2018
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).
Thu, Dec 07, 2017
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, Jun 08, 2017
Excerpts from Arvind Subramanian's lecture delivered at the National Academy of Agricultural Sciences on June 5.
Tue, Apr 04, 2017
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?
Fri, Mar 03, 2017
The Goods and Services Tax will be truly transformational when domains like real estate are brought in its ambit.
Tue, Feb 28, 2017
The stunning theoretical contributions of Kenneth Arrow, who died last week, both built and undermined all of politics and all of market economics
Wed, Feb 08, 2017
A centralised Public Sector Asset Rehabilitation Agency (PARA) could help over-leveraged corporates and bad-loan encumbered banks.
Wed, Feb 01, 2017
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, Nov 09, 2016
It will also promote indigenous research and science, incentivise pulses production, rationalise pricing.
Thu, Sep 08, 2016
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.