| Food supply complicates monetary policy review: CEA | 26-OCT-09 |
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| Constraints in food supply are making it difficult for RBI to strike a balance between promoting growth and controlling inflationary expectations, government's Chief Economic Adviser Arvind Virmani said today. |
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| Food supply complicates monetary policy review: CEA | 26-OCT-09 |
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| Ahead of the Reserve Bank's credit policy review tomorrow, Chief Economic Advisor Arvind Virmani has said the impact of weak monsoon on food supply will make it a bit difficult for the RBI to strike a balance between promoting growth and controlling inflationary expectations. |
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| 'India needs to pay attention to both growth and inflation' | 05-OCT-09 |
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| After serving as chief economic advisor in the finance ministry since 2007, Arvind Virmani is set for his new responsibility as an executive director in the International Monetary Fund. His two-year tenure, which ended in June, has been extended till he joins the IMF in November. He talks to Vrishti Beniwal on his tenure and his reading of what is ahead. |
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| Sudoku puzzle | 01-OCT-09 |
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| At the launch of Arvind Virmani’s book on Wednesday, Finance Minister Pranab Mukherjee said he was intrigued by the book’s title, The Sudoku of India’s Growth. He said he’d have thought that his chief economic advisor would not think India’s growth surge was a puzzle and that he would actually know what had driven the growth. |
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| Kaushik Basu tipped for CEA's post | 17-SEP-09 |
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| Kaushik Basu, the C Marks Professor of International Studies, professor of economics, and director of the Center for Analytic Economics at Cornell, has been asked informally if he would consider becoming Chief Economic Advisor (CEA), a post that will fall vacant after Arvind Virmani ends his tenure and leaves to join the International Monetary Fund at the end of the month. |
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| Virmani to be IMF ED | 06-SEP-09 |
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| The Appointments Committee of the Cabinet has approved appointment of Arvind Virmani, chief economic adviser (CEA), department of economic affairs, as executive director in the International Monetary Fund (IMF), said a government notification. |
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| Subir Gokarn tops list for RBI Deputy Governor's post | 08-AUG-09 |
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| Subir Gokarn, Executive Director and Chief Economist at Standard & Poor’s Asia Pacific, is heading the shortlist of candidates for the Reserve Bank of India (RBI) Deputy Governor’s post. Gokarn is also a Business Standard columnist. |
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| Cess, surcharge, transaction tax distortionary: Virmani | 06-JUL-09 |
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| Justifying the Economic Survey’s prescription of phasing out varieties of cess, surcharges and transaction taxes like fringe benefit tax (FBT) and securities transaction tax (STT), the principal author of the pre-Budget document, Arvind Virmani, today said these levies are “distortionary” and impede tax simplification. |
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| 'We are confident that the growth rate would be around 7%' | 03-JUL-09 |
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| India should continue with the pending reforms in many sectors to get the economy back on track and take it to a high growth rate, says Arvind Virmani, chief economic advisor to the government, in an interview with Business Standard. |
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| Reaching for the stars | 03-JUL-09 |
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| The annual Economic Survey is traditionally tabled in Parliament a couple of days before the Budget is presented. This year, the attention being paid to budgetary prospects is particularly high; consequently, the Survey has come under the spotlight far more than in a more ‘normal’ year. That said, the utility of the Survey as an assessment of the state of the economy has dwindled over the years, as the frequency with which economic data is released has increased (monthly fiscal deficit numbers, quarterly GDP assessments, regular tax revenue updates, et al), and as the number of institutions putting out similar reports has multiplied. In such a context, there is very little that the Survey can disclose regarding macroeconomic conditions that is not already known. |
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| Arvind Virmani's term extended by 3 months | 01-JUL-09 |
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| The government today extended the tenure of Chief Economic Adviser Arvind Virmani by three months on a temporary basis, said a finance ministry spokesperson. His current two-year term came to an end today. |
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| PM meets key economists | 13-MAY-09 |
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| Prime Minister Manmohan Singh today held discussions with key economists on a day the country’s industrial output contracted to a 16-year low amidst global economic downturn. |
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| 6% growth in worst-case scenario: CEA | 22-APR-09 |
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| The country’s economy is expected to grow by around 6 per cent in the current fiscal, even in the worst-case scenario of global recession prevailing till March 2010, according to Arvind Virmani, chief economic adviser in the Ministry of Finance. |
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| Rising fiscal deficit not a cause for worry: Virmani | 06-APR-09 |
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| Rising fiscal deficit following the stimulus packages provided by the government to boost economy is not a cause of worry, said Chief Economic Advisor in the Department of Economic Affairs Arvind Virmani. |
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