Page 19 - Economy Interviews

No privacy concerns with health ID, patient consent must: R S Sharma

"The health ID will become popular not because it is compulsory or not but because it will offer huge facilities. The systems will be interoperable", says Sharma

Companies enthusiastic about PLI scheme: Heavy industries secy Arun Goel

'There are many components of ICE vehicles that are not made in India and those will be incentivized', said Goel

Need assurance from India on investment protection: UKIBC's Richard Heald

In a Q&A, UKIBC's group chair lists out three areas that need focus - tariff reduction in some sectors, removal of non-tariff barriers on goods, and aligning data protection rules

Low base not sole contributor to GDP growth in June quarter: CEA

'The decline and the subsequent recovery was not reflecting anything about the fundamentals of the economy. It is only reflecting the economic restrictions that were placed or removed', said CEA

Real test of monetary policy is in time of supply shocks: MPC 1.0 member

'Our collective decision was to record our views through the MPC minutes and not elsewhere,' says Chetan Ghate.

I-T dept must not operate in isolation: CBDT chairman J B Mohapatra

'There is always a time and context when an amendment is brought in', said J B Mohapatra

RBI can pare excess liquidity even if stance is accommodative: Ashima Goyal

In a Q&A, Goyal, a member of RBI's Monetary Policy Committee, says reducing excess liquidity is at RBI's discretion and MPC members can only offer advice

Kerala will be a destination for responsible investment: Minister P Rajeeve

Kerala's industries minister P Rajeeve talks about the state's industrial roadmap while raising doubts on the Ease of Doing Business rankings by the Centre

Retro tax must be resolved via Indian law, not arbitral award: Somanathan

Somanathan says that the government doesn't support retrospective taxation since it creates sudden and fresh liability and is not in line with the stability and predictability of taxation

India to see huge global capital flows in clean energy: IEA Exec Director

In a Q&A, Fatih Birol dwells on India's future in renewables, Reliance's aggressive green energy foray and how advanced countries should support the emerging world in its net-zero emission drive

Dependence on imports in the steel sector is worrisome: R C P Singh

Newly appointed Steel Minister says the announcement of the Rs 6,322-cr PLI scheme for specialty steel is another step towards 'Atmanirbhar Bharat'

Decarbonisation isn't goal, human welfare is: World Resources Institute CEO

Dasgupta tells Subhomoy Bhattacharjee that India's requirements to ensure energy for all its citizens and raise per capita income should be an acceptable part of global climate strategy

Reserves remove doubt on ability to act: RBI Governor Shaktikanta Das

Economic activities are expected to improve further going into July or into the second half, says Governor Das

4 years later, our worst fears have been confirmed with GST: Tamil Nadu FM

There is lower income inequality in Tamil Nadu than it is in most places. Therefore, we are also a very high-consumption state, said Tamil Nadu FM Thiagarajan

Herd immunity is both mystical and mythical: NTAGI chairman N K Arora

Herd immunity works when immunised and unimmunised individuals are mixed in a true random process and around 80 per cent are immunised, said Arora

Do not politicise GST Council: Finance Minister Nirmala Sitharaman

The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with further packages and interventions, says FM Sitharaman

Covid-related death claims have become a concern: Bajaj Allianz Life CEO

The experience in group term has been worsening because group term is more efficient in reporting claims, says MD Chugh

Stimulus package should be broad-based, like Budget: NITI Aayog chief

In a Q&A, Amitabh Kant says the package should aim to lift growth instead of picking specific sectors for assistance

While spearheading CoWIN, my challenge has been the scale: R S Sharma

We registered 13.7 million in a matter of eight hours-that was the scale, said Sharma

Time has come for fiscal stimulus to support the economy: Uday Kotak

We are working with the government and vaccine manufacturers to increase the vaccine available for Indian business and industries, said Uday Kotak