Subramanian to head panel to fix data issues

Last Updated: Saturday, May 2, 2015, 11:26

The government has formed a Coordination Committee under chairmanship of Chief Economic Advisor (CEA) Arvind Subramanian to address issues while reporting Government Finance Statistics (GFS) data.

Big reforms not easy in India with multiple veto centres: CEA

Last Updated: Tuesday, April 28, 2015, 23:10

India is "a very frustratingly robust democracy" where unleashing "big bang" reforms is not easy given the multiple centres of veto power, Chief Economic Adviser Arvind Subramanian said Tuesday.

When Rajan and Subramanian got flak at IMF for a leaked paper!

Last Updated: Sunday, April 12, 2015, 15:56

Top financial gurus -- RBI Governor Raghuram Rajan and Chief Economic Advisor Arvind Subramanian -- got a "little flak" when at IMF, after their research paper on aid by rich nations got leaked to media and created a sensational headline.

Big-Bang reforms not applicable to India: Arvind Subramanian

Last Updated: Wednesday, April 8, 2015, 22:39

Chief Economic Adviser Arvind Subramanian Wednesday said big bang reforms are frankly not applicable to a country like India as there was multiple veto centres, multiple decision making centres and was very difficult to pass through a decisive change.

India to encourage non-cash payments: Subramanian

Last Updated: Thursday, March 12, 2015, 13:44

India is working towards policies and regulations that would encourage non-cash payments to effectively tackle the problem of black money, a top Indian economic adviser has said.

After rate cut, Govt pitches for rating upgrade

Last Updated: Wednesday, March 4, 2015, 13:39

Soon after RBI announcing a much- awaited rate cut, Chief Economic Advisor Arvind Subramanian on Wednesday said that the global rating agencies should look at upgrading their stance on India's credit outlook.

8-8.5% growth is more like statistical and not real: CEA

Last Updated: Tuesday, March 3, 2015, 23:05

The ambitious 8.1-8.5 percent economic growth projected for the next fiscal in Finance Minister Arun Jaitley's Budget is more like a "statistical and not a real number," Chief Economic Adviser Arvind Subramanian said.

Arvind Subramanian pitches for rate cut by RBI

Last Updated: Friday, February 27, 2015, 22:03

The RBI should consider cutting lending rates on the back of lower inflation, Chief Economic Advisor Arvind Subramanian said Friday.

RBI may ease rates further: Chief Economic Advisor

Last Updated: Monday, January 26, 2015, 14:02

Lauding RBI's role in helping bring down inflation, Chief Economic Advisor Arvind Subramanian said the central bank may further ease the interest rates as improvement on price front has opened the space for monetary easing.

Investment flows should begin picking up next fiscal: CEA

Last Updated: Thursday, January 22, 2015, 13:53

Confident India would be able to benefit from the positive sentiments about it among foreign investors, Chief Economic Advisor Arvind Subramanian has said the real investment flows should begin picking up from next fiscal, but it will be a gradual process.

Rate cut indicates shift in monetary policy stance: Subramanian

Last Updated: Thursday, January 15, 2015, 09:59

The Reserve Bank of India cut interest rates on Thursday by 25 basis points to 7.75 percent in a surprise inter-meeting cut, yielding to signs of slowing inflation, while acknowledging the government`s efforts to contain the fiscal deficit.

Prospects for Indian economy bright going forward: CEA

Last Updated: Wednesday, January 14, 2015, 14:54

"The biggest change is the new government in power that has unleashed a slew of reforms. Prospects for the Indian economy should be very bright going forward," Subramanian said while speaking at a workshop.