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The GDP growth numbers released on Friday (August 29, 2025), showing that growth in Q1 of this financial year stood at 7.8%, came as a pleasant surprise at a time when most of the commentary has been about the factors holding growth back. For instance, even the Reserve Bank of India, as recently as August…
Presenting the Economic Survey on Friday (January 31, 2025), Chief Economic Adviser V. Anantha Nageswaran, among other things, put forth a case for deregulation. According to him, “pervasive” deregulation would not only facilitate ease of doing business but also enable conditions for employment generation. He emphasised this an imperative, among other things, as a means…
Ground reality: Mr. Subramanian said unless GST rates are raised on some items, revenue growth will be a challenge. File picture | Photo Credit: M. Vedhan Former Chief Economic Adviser (CEA) Arvind Subramanian, who authored an official report on the ideal 15.5% revenue-neutral rate for the Goods and Services Tax (GST) regime, said he is not very…
Read More “‘GST spurring fresh tax terrorism,’ says former CEA Arvind Subramanian” »
He said there is potential for currency appreciation after inclusion of Indian bonds in JP Morgan index New Delhi: Chief Economic Adviser V Anantha Nageswaran on Friday said inclusion of Indian government bonds into JPMorgan’s benchmark emerging market index from next year will widen investor base, and may lead to appreciation of rupee. He also…