"Bank credit is beginning to pick up, especially in the micro, small and medium enterprises sector," Chief Economic Advisor (CEA) V Anantha Nageswaran said
Chief Economic Advisor V Anantha Nageswaran on Friday said prudent budget assumptions for FY23 will ensure that the macro-fundamentals will be able to hold-up in the near-term.
The banking sector in the country is stable, capital is available and credit offtake is poised to take off, said CEA V Anantha Nageswaran at a webinar organised by Bharat Chamber of Commerce
The govt appointed V Anantha Nageswaran as the next Chief Economic Adviser three days before the Union Budget. A peek into the life of this well-known commentator on topical economic developments
What are the key takeaways from Budget 2022? Who is V Anantha Nageswaran? What is First Global's Shankar Sharma's take on the Budget this year? What is Demand for Grants? All answers here
In 2019, Prime Minister Narendra Modi envisioned to make India a $5 trillion economy by the Financial Year 2024-25
V Anantha Nageswaran said that the financial year 2022-23 (FY23) growth projections in the Economic Survey of 2021-22 are conservative compared to other agencies
Appointment comes when all eyes are on Economic Survey and Union Budget
Successive govts have appointed excellent economists, not because they wanted their advice, but because someone has to prepare the Survey and maybe speak on behalf of the government as a spokesperson.
The Indian economy is likely to register a growth of 9.5 per cent in this financial year, former chief economic adviser Arvind Virmani said on Tuesday. Addressing a virtual event organised by industry body PHDCCI, Virmani said that government expenditure and exports have peaked, but so far private consumption has not recovered due to the COVID-19 pandemic. "The current financial year's growth will be higher and close to 9.5 per cent. And this decade's (FY21-FY30) average growth will be 7.5 per cent plus minus 0.5 per cent," he said. According to the recent government data, the Indian economy is estimated to grow at 9.2 pc in 2021-22, as against 7.3 pc contraction in 2020-21. The Reserve Bank of India (RBI) has lowered the growth projection for the current financial year to 9.5 per cent, while the International Monetary Fund (IMF) has projected a growth of 9.5 per cent in 2021, and 8.5 per cent in the next year. The eminent economist said that India's GDP growth is now positive, bu
Subramanian's term is ending on December 6. He's decided to return to academia
Candidates from recognised universities or recognised research institutions or central regulatory bodies and registered private institutions or financial institutions are eligible
The selection committee interacts with key people in the finance ministry and other stakeholders before sending the shortlisted names to the finance minister
CEA told an American audience from the corporate sector that 'the fundamentals of the economy were strong, even before the pandemic. There were only financial problems'
GDP data for first quarter reaffirms govt's prediction of an imminent V-shaped recovery made last year, says CEA K V Subramanian
With the implementation of the insolvency law, the days of feudalism of corporate debtors where they had considered it their divine right to be in control are gone: Chief Economic Adviser
He also said the overall impact of the second wave on the economy will not be very large.
New farm laws will ultimately help farmers get better returns as the legislations provide for competition by allowing them to sell their produce to even corporates like Reliance and ITC
The government is open to coming out with more measures to boost the economy which has been hit by the second wave of the coronavirus pandemic, says Chief Economic Advisor (CEA) K V Subramanian.
If the BJP actually gets to form a government, Lahiri's name is at the top of several BJP lists for the post of finance minister