Former Prime Minister Manmohan Singh’s 1991 Budget unshackled India’s economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund (IMF) Gita Gopinath said on Friday. Photograph: Reuters In a
Nageswaran said the reduction of poverty, and not income inequality, is the litmus test of equitable growth. Taxing capital less may not lead to more investments but taxing more will drive capital away, Chief Economic Advisor V Anantha Nageswaran on
Latest GDP growth numbers a one-off development and not the beginning of a trend, says CEA V Anantha Nageswaran. India’s second-quarter GDP growth rate of 5.4 per cent is disappointing but there is no reason to be alarmed as
‘Rates go up, revenues go up, and the need for compensation diminishes.’ The Goods and Services Tax Council has turned into a “rate cutting panel”, former chief economic adviser Arvind Subramanian said on Friday while suggesting that the council
