Explore Business Standard
Election Commissioner Ashok Lavasa, who served as a finance secretary under former finance minister Arun Jaitley, on Saturday said working with him was a great learning experience. Condoling the demise of the former Union minister, he said Jaitley was an "affable minister, extremely sharp, sensible and sagacious". "Working with him as FS was a great learning experience. He was patient, pragmatic, positive, knowledgeable & a great raconteur. Rest In Peace;the deficit is unbridgeable Sir," Lavasa tweeted. He said it was a privilege to be a part of his team and be his finance secretary. "His leadership was never imposing as he led with his wit and charm. God bless his soul and may his legacy live on," the election commissioner wrote in his tweet. Jaitley, 66, died at AIIMS here on Saturday morning after being admitted on August 9 following complaints of breathlessness and restlessness.
ASHOK LAVASA, finance secretary with the central government, to Arup Roychoudhury on the case for interest rate cuts, lagging private investment and whether Air India should continue with the government. Edited excerpts:There have been a number of publicised achievements of the Modi government in terms of economic policy over three years. What could have been done better and what should the focus be on over the next two years?The government has focused on its priorities and been consistent in policy making. Overall, there has been a lot of push, effort, and success in strengthening governance systems. That has been a distinct feature of this government's approach. It has dealt with and corrected loopholes in delivery mechanisms and dealt with issues of implementation.On what could have been better, while the mopping of resources by way of tax collection has been higher than ever before, it is always good to have more to deploy. We would like an improvement in the tax to GDP (gross ...