N K Singh

The World Bank needs to reinvent and restructure itself so as to become 'better, bolder and bigger' and harness private capital on the strength of its own balance sheet, said N K Singh, Co-Convenor, Expert Group on MDB Reforms. The World Bank should also look at the possibility of tapping pension funds to increase its capital base and its capacity to fund development projects in developing nations. "Bretton Woods was the first one, it certainly needs to be reinvented, restructured and recreated. But there is no substitute for multilateral cooperation. and that's why better, bolder and bigger," Singh said at a panel discussion at the Raisina Dialogue, 2024. A high-level expert group, led by N K Singh and former US Treasury Secretary Larry Summers, was set up by the G20 under India's presidency. In its report, the group had proposed a 30-point roadmap to reform Multilateral Development Banks (MDBs) and triple their lending by 2030, which includes attracting private investors and ...

Talking about the challenges that India needs to address, he stressed the need for ensuring the sanctity of contracts across governance

The Delhi declaration which came after the submission of volume one was very positive

"There is a tremendous appreciation that the agenda we are taking forward is of concern to all of us", the FM said

Former finance commission chairman calls for having a fiscal council to debate policy issues

N K Singh, Chairman of the 15th Finance Commission, on Tuesday said the IMF's decision to revise India's potential growth forecast downwards to 6 per cent

Why do top global carmakers fail in India? Will Cairn settlement herald the end of India's retro tax migraine? What will T+1 settlement cycle change for Indian markets? Get answers in this episode

Singh has been the chairman of the Fiscal Responsibility and Budget Management review committee and also served as member of the Rajya Sabha (2008 -2014)

Finance Commission Chairman shares his vision to make the economy deliver over next 30 years

'Health is not part of the concurrent list. In light of the pandemic, it's high time we move health as a subject in the concurrent list,' said N K Singh at an event

Says states don't have fiscal flexibility for exigencies as Centre has

Rajya Sabha MP Sushil Kumar Modi highlighted that the share of divisible pool is slowly shrinking as the ''cess and surcharge'' component in Gross Tax revenue is increasing

Singh was addressing the sixth edition of the national conference on economics of competition law.

In a Q&A, the chairman of the 15th Finance Commission is emphatic that cooperative federalism remains robust and dwells on the possibilty of dividing agro infra cess between Centre and states

With grants, the transfer is roughly 50-50 of divisible tax pool between Centre, states; N K Singh says Commission worked without any bias

Singh also called for moving to a fiscal deficit range rather than a specific number to better judge expenditure outcomes of states

Book review of Portraits of Power: Half a Century of Being at Ringside

Says finance commission's job is to reconcile divergent objectives

Bats for a PPP model to address the deficit in health infrastructure

If the Finance Commission recommends a smaller tax share for states, the Centre will get more money. On what that would do to 'cooperative federalism', you don't need to guess, writes T N Ninan