Page 2 - Atanu Chakraborty

Govt to borrow Rs 4.88 trillion in first half of FY21: DEA Secretary

Finance Minister Nirmala Sitharaman had in her budget for 2020-21 pegged gross borrowing in the new financial year at Rs 7.8 trillion, higher than Rs 7.1 trillion estimated in the current fiscal

AGR dues paid by telcos to reflect in FY20 revenue receipts: Report

Officials said the amount was not much to have any bearing on the fiscal position

Govt hopeful of selling minority stake in LIC in next fiscal, says DEA Secy

The government aims to garner Rs 90,000 crore from the listing of LIC and stake dilution in IDBI Bank in the next fiscal out of total disinvestment target of Rs 2.10 trillion.

FM Sitharaman unveils Rs 102-trillion infrastructure plan to boost growth

Task force headed by economic affairs secy identifies projects across sectors

Rajiv Kumar to Krishnamurthy Subramanian: The team behind FM's Budget 2020

A 1984 batch officer from the Jharkhand cadre, Kumar is known as the driving force behind the spate of mergers of state-owned banks

S&P reaffirms India's sovereign rating at BBB- with stable outlook

Global rating agency S&P has reaffirmed sovereign rating of India with stable outlook, Economic Affairs Secretary Atanu Chakraborty said on Tuesday. The rating action comes weeks after another global agency Moody's Investors Service lowered the country's rating outlook to "negative" from "stable". "S&P has reaffirmed sovereign rating of India at BBB- with stable outlook. They have stated that India's economy continues to achieve impressive long-term growth rates despite a recent deceleration," Chakraborty said in a tweet. 'BBB' signifies adequate capacity on an entity to meet its financial commitments. However, adverse economic conditions or changing circumstances are more likely to weaken its capacity to meet financial commitments. The rating action comes at a time when the government is facing flak from opposition parties for not doing enough to check the slide in economic growth, which hit six year lower low of 4.5 per cent in the second quarter of the current ...

Moody's cuts India's credit outlook to negative; govt not convinced

Outlook downgrade comes 2 yrs after ratings upgrade. Govt says fundamentals remain strong

Centre following the fiscal glide path: DEA Secretary Atanu Chakraborty

The Centre could still rein in the deficit at the targeted level in the current financial year

Govt committed to following fiscal deficit glide path, says DEA secretary

Concerns have been raised by different agencies about the ability of the government to meet the fiscal deficit target

Atanu Chakraborty gets additional charge of Department of Expenditure secy

Chakraborty, a 1985-batch IAS officer of the Gujarat cadre, is currently the Department of Economic Affairs secretary

Has Modi govt put foreign sovereign bonds scheme on back burner for now?

During her Budget speech, Finance Minister Nirmala Sitharaman had said the government would start raising a part of its gross borrowing programme in external markets in foreign currencies

Govt to borrow Rs 2.68 trillion in H2 FY20: Economic Affairs Secretary

Out of the gross borrowing for Rs 7.10 trillion budgeted for 2019-20 fiscal, as much as 62.5 per cent has already been borrowed during April-September, he told reporters

Finance Secy S C Garg moved to Power, Atanu Chakraborty gets Eco Affairs

Top bureaucrats across 12 ministries, departments and agencies reshuffled

There is no book value for fields on offer: Atanu Chakraborty

Interview with director general hydrocarbons