Search For "chief economic advisor"
Finance Ministry, experts welcome move by JP Morgan to add India bonds in
Updated : 2 years, 5 months ago IST
Chief Economic Advisor V Anantha Nageswaran said, “We welcome this development. JP Morgan has made this decision on their own. It attests to the confidence that financial market participants and financial markets, in general, have on India’s potential and growth prospects and its macroeconom
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India likely to become third largest economy by 2027: SBI chief economist
Updated : 2 years, 7 months ago IST
Soumya Kanti Ghosh, the Group Chief Economic Advisor at State Bank of India (SBI), on Tuesday reiterated India is likely to become the 3rd largest economy by 2027.
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Private sector capital expenditure will be an important contributor to gro
Updated : 2 years, 9 months ago IST
"We have had two successive good years, strengthening the recovery from the pandemic-induced contraction," said Nageswaran.
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India's FY23 GDP growth likely to be over 7.2 pc when final numbers come i
Updated : 2 years, 9 months ago IST
Chief Economic Advisor Dr V Anantha Nageswaran on Saturday lauded the estimated 7.2 per cent real GDP growth in 2022-23 and expressed confidence that when the final numbers for the fiscal are frozen in early 2026, the growth will be higher
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CEA Anantha Nageswaran sees India's GDP growing at 6.5-7 pc in 2023-24
Updated : 2 years, 9 months ago IST
The Indian economy is expected to grow in a range of 6.5-7 per cent in the current financial year 2023-24 per cent, said Chief Economic Advisor Anantha Nageswaran.
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Data available shows tax collection at source mechanism has been abused, v
Updated : 2 years, 9 months ago IST
Chief Economic Advisor V Anantha Nageswaran on Thursday said that data available on usage of international credit cards points out that tax collection at source mechanism has been "abused" and these "volumes involved were fairly substantial"
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Ex-Chief Economic Advisor tweets why decision to withdraw Rs 2,000 currenc
Updated : 2 years, 9 months ago IST
According to him, his first reason was that: "The Rs 2000 notes are not being used much as a medium of exchange. In fact, they currently constitute only 10.8 per cent of Currency In Circulation (CiC)."
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This will not affect common man: Ex-CEA on Rs 2000 note withdrawal
Updated : 2 years, 9 months ago IST
According to the former CEO, the 2000 notes are not in use in the everyday life of the common people and its cash in circulation is only 10 per cent. "Secondly, most of the common people do digital transactions," Subramanian said.
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7 pc real GDP growth estimate for 2022-23 is realistic: Chief Economic Adv
Updated : 3 years ago IST
In a virtual briefing on the GDP numbers, CEA said, "We maintain as we have mentioned in the economic survey, the growth forecasts are 6.5 per cent for 2023-24. If you look at where we are, in terms of the advanced estimates, manufacturing on the face of it appears to have slowed down in rea
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Old pension scheme will make fiscal situation unstable: Chief Economic Adv
Updated : 3 years, 1 month ago IST
"Congress-ruled states Rajasthan and Himachal Pradesh have restored the OPS and there is a demand to restore OPS is also being raised in Maharashtra, Tamil Nadu and some other states," he added.
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Economic Survey: Pandemic Recovery of India's economy is complete: CEA Nag
Updated : 3 years, 1 month ago IST
During the press conference which took place after the Survey was presented in the House today, CEA Nageswaran said, "Recovery of economy is complete; non-banking and corporate sectors now have healthy balance sheets, hence, we don't have to speak of pandemic recovery anymore, we have to loo
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Jump in digital significantly slowed down growth of currency in circulatio
Updated : 3 years, 4 months ago IST
Ghosh said as percentage of gross domestic product (GDP), CIC was now at 11.8 per cent, less than 12.1 per cent in FY16 and significantly lower than the nominal GDP growth. He also added that it is an absurdity in quoting absolute numbers of currency in circulation (CIC) then and now.
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