38% increase in tax collection in last 3 months: Kejriwal

Last Updated: Tuesday, June 16, 2015, 22:56

Delhi Chief Minister Arvind Kejriwal on Tuesday said his government has seen a 38 percent increase in tax collection in the last three months, claiming that the earnings were even more than the Rs 1,700 crore subsidy for electricity and water.

NITI Aayog recommends reducing centrally sponsored schemes

Last Updated: Friday, June 12, 2015, 22:11

The panel, which is working towards streamlining CSS, is headed by Madhya Pradesh Chief Minister Shivraj Singh Chouhan.

Spurt in indirect taxes indicates economic recovery: CEA

Last Updated: Thursday, June 11, 2015, 20:04

The Finance Ministry Thursday said the spurt in indirect tax collections this fiscal was an indication of economic recovery though there was some need for caution as these were only early indications.

RBI move consistent with positive trends in economy: CEA

Last Updated: Tuesday, June 2, 2015, 14:37

Chief Economic Advisor Arvind Subramanian played down inflation worries arising out of below normal monsoon rains saying the government will act to contain price rise risks.

Faster than China? India's road, rail drive could lay doubts to rest

Last Updated: Monday, June 1, 2015, 08:31

Having roughly doubled spending allocations for roads and bridges in fiscal 2015/16, and raised the rail budget by a third, Modi is banking on India going faster.

Good economics becoming good politics: Subramanian

Last Updated: Friday, May 29, 2015, 20:55

Chief Economic Advisor Arvind Subramanian on Friday said one of the welcome changes the country had seen in recent years was that good economics practised by different state governments was paying dividend to them in elections.

1% tax by states over and above GST may hurt Make in India:CEA

Last Updated: Tuesday, May 26, 2015, 20:43

Government needs to reconsider levy of one percent additional tax by states over and above GST rate as it could make intra-state movement of goods expensive and hurt the 'Make in India' campaign, Chief Economic Advisor Arvind Subramanian said on Tuesday.

CEA pitches for rate cut by RBI; sees potential for 9% growth

Last Updated: Tuesday, May 26, 2015, 20:39

Pinning hopes on adequate food grain stock helping to keep inflation under control even with below-normal monsoon, Chief Economic Advisor Arvind Subramanian on Tuesday pitched for rate cut by the Reserve Bank next week to boost growth.

CEA pitches for rate cut by RBI, competitive rupee

Last Updated: Tuesday, May 26, 2015, 18:32

Citing low inflation and under control fiscal deficit, Chief Economic Advisor Arvind Subramanian on Tuesday pitched for a rate cut by the Reserve Bank at its monetary policy review meeting next week.

Enough food stocks to keep prices under check: CEA on monsoon

Last Updated: Tuesday, May 26, 2015, 16:40

At present, the price situation is much better with CPI inflation down to 5 percent and the WPI remaining in the negative territory for past several months.

India has scope to ease monetary policy: Arvind Subramanian

Last Updated: Tuesday, May 26, 2015, 16:23

India's central bank has room to further ease its monetary policy, Chief Economic Adviser Arvind Subramanian told reporters on Tuesday.

Adequate food stocks to help contain inflation: Arvind Subramanian

Last Updated: Tuesday, May 26, 2015, 15:04

India's adequate food stocks would help contain inflation, even if summer monsoon rains turn out to be weak, Chief Economic Adviser Arvind Subramanian said on Tuesday.