Page 2 - Ashima Goyal
RBI can pare excess liquidity even if stance is accommodative: Ashima Goyal
In a Q&A, Goyal, a member of RBI's Monetary Policy Committee, says reducing excess liquidity is at RBI's discretion and MPC members can only offer advice
 "RBI can pare excess liquidity even if stance is accommodative: Ashima Goyal")
Economy will do well once vaccination reaches critical mass: Ashima Goyal
India's economy will do well once vaccination reaches a critical mass as pent up demand, global recovery and easy financial conditions will boost activities, RBI's Monetary Policy Committee (MPC) member Ashima Goyal said on Tuesday. As India battles a "fearsome" second COVID wave, she also said the damage to the economy due to lockdowns is much less and is unlikely to extend beyond the first quarter of the current fiscal. "India has the potential to be a centre of vaccine production and will be able to ramp it up soon. Once vaccination reaches a critical mass, the economy will do well with pent up demand, global recovery and easy financial conditions," she told PTI in an interview. The eminent economist said the current localized reversal of unlocks has successfully bent the curve. "It is less disruptive of supply chains since it is adapted to local conditions and need not go all the way to a full lockdown," Goyal said. Recently, S&P Global Ratings slashed India's GDP growth ...
Economy improving, growth to turn positive in Q3, Q4 of FY21: Ashima Goyal
India's macroeconomic situation is improving fast and the country's GDP growth will turn positive in the third and fourth quarters of the current financial year, eminent economist Ashima Goyal said
 "Economy improving, growth to turn positive in Q3, Q4 of FY21: Ashima Goyal")
EAC-PM member Ashima Goyal calls for MNREGA-like scheme for urban poor
Clarifies views are her own and not those of Advisory Council, as she also calls for greater spending on primary health
Budget 2020 was disappointing for lacking vision, says Ashima Goyal
However, the finance minister has achieved a "balancing act" through her moves, Goyal said
 "Budget 2020 was disappointing for lacking vision, says Ashima Goyal")
Worst-case scenario is a 0.5% fiscal slippage: Ashima Goyal on tax cut
If towards the end of the year, government finds that the deficit is rising, then they may cut expenditure, Goyal said
 "Worst-case scenario is a 0.5% fiscal slippage: Ashima Goyal on tax cut")
Tax buoyancy, growth may help reduce deficit, says Ashima Goyal
Ashima Goyal tells Joydeep Ghosh that the RBI will have to consider a number of factors, including fluctuating commodity prices and revival in investment cycle
