New Delhi [India], Jan 5 (ANI): Department of Economic Affairs Secretary Subhash Chandra Garg on Friday said the estimated GDP growth of 6.5 per cent for 2017-18 confirmed a 'strong turnaround of the economy'.
New Delhi [India], Jan 4 (ANI): Economic Affairs Secretary Subhash Chandra Garg on Thursday said that eight percent Savings Bonds Scheme will be replaced with 7.75 percent Savings Bonds Scheme, starting from January 10.
New Delhi [India], Jan 3 (ANI): Following media reports on bail-in provisions under the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, Department of Economic Affairs Secretary Subhash Chandra Garg on Wednesday claimed that these provisions would not be applicable to around 98
New Delhi [India], Jan 2 (ANI): Economic Affairs Secretary Subhash Chandra Garg on Tuesday clarified that the government of India is not closing subscription for the 8 percent Savings Bonds Scheme, instead, replacing it with 7.75 percent Savings Bonds Scheme.
New Delhi [India], Nov 24 (ANI): Secretary of the Department of Economic Affairs (DEA) Subhash Chandra Garg on Friday termed Standard & Poor's (S&P) rating of India's debt profile as "reasonable", adding that the report was "cautious" this year.
New Delhi [India] Nov. 17 (ANI): Moody's has recognised India's structural reforms, said Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA), on Friday.
New Delhi [India], Oct. 31 (ANI): After World Bank announced India as one of the five fastest reformers on Tuesday, India Economic Affairs Secretary Subhash Chandra Garg said the government is now hopeful of an increase in private investment.
Washington D.C. [USA], Oct. 13 (ANI): Union Finance Minister Arun Jaitley has stated that the Foreign Direct Investment (FDI) flows to India have increased in 2016-17, over that in 2015-16, indicating improve in the global confidence of the economy.
New Delhi [India], August 2 (ANI): The Secretary, Department of Economic Affairs (DEA) Subhash Chandra Garg on Wednesday asserted that the Government welcomes the rate cut of 25 basis points (bps) by the Reserve Bank of India (RBI).
New Delhi [India], July 12 (ANI): Former Executive Director of World Bank Subhash Chandra Garg on Wednesday took charge as the Secretary, Department of Economic Affairs under the Ministry of Finance.