Page 3 - Cea Krishnamurthy Subramanian

India's debt levels to reduce even in low-growth scenario, says CEA

CEA said growth leads to debt sustainability and even if India were to have real GDP growth rate as low as 3.8% each year from 2022-23 to 2028-29, the country's debt levels will still come down

Investment in infra essential to growth boost, says Economic Survey 2020-21

The Survey emphasised that the year after the crisis will require sustained and calibrated measures to facilitate the process of economic recovery

Full text of the Economic Survey 2020-21: Download volume-I and II here

The Economic Survey 2020-21, authored by CEO K Subramanian, has pegged India's GDP contraction in FY21 at 7.7 per cent, and real GDP growth in FY22 at 11%. Hefre are both volumes of the document

A B Pandey to Krishnamurthy Subramanian: The team behind FM's Budget 2021

The FM will be assisted by a team of secretaries and advisors in making the Budget, here's the team behind it.

CEA Subramanian asks NSC to make junked consumer spending report public

The findings of the report, published by Business Standard in November 2019, showed consumer spending falling for the first time in over four decades in 2017-18.

Top headlines: CIC structures on RBI's watch list; DLF to delve in Mumbai

From CIC structures of large groups on RBI's watch list to Pfizer working on cold storage issues to ensure temperature integrity, here are top headlines this morning

Govt 'cautiously optimistic' as GDP contraction not so sharp in Q2: CEA

Warns about the possibility of another, more devastating Covid wave, strikes an optimistic chord on declining infections

GDP estimates signal upside potential for Indian economy this fiscal: CEA

Given the uncertainty, he said, it is difficult to predict if positive territory can be hit in the third or fourth quarter of this fiscal

Reforms to unleash employment-led growth vs jobless expansion earlier: CEA

Krishnamurthy Subramanian says govt is converting Covid crisis into an opportunity by focusing on labour-intensive economic growth

Need to think of data as infrastructure, says CEA K V Subramanian

Addressing a virtual event here, Subramanian said it is not just ease of doing business, but also ease of living that has to be enhanced using data

India Inc needs to respond to various reforms undertaken by govt, says CEA

He said that India is the only country which utilised the opportunity provided by the current crisis to unleash the second generation reforms that are focused on factor markets

India Inc needs to respond to various reform measures of govt: CEA

CEA emphasised that India is the only country which utilised the opportunity provided by the current crisis to unleash the second generation reforms that are focused on factor markets.

NBFCs need to follow measures to ward off risks, monitor lending: CEA

NBFCs need to follow prudential measures to ensure that risks do not mount and be vigilant about the quality of lending in these difficult times, Chief Economic Adviser K V Subramanian said

Banks need to use AI, machine learning for corporate lending: CEA

Indian banking sector needs to use emerging technologies such as Artificial Intelligence and machine learning for corporate loans, Chief Economic Advisor Krishnamurthy Subramanian said

Niti Aayog VC hits backs at former CEA for criticising Aatmanirbhar Bharat

India should resist the misleading allure of domestic market and zealously boost exports, said the CEA

Growth decline due to lockdown; V-shaped recovery in some sectors: CEA

He said indicators like rail freight traffic and electricity consumption are pointing to a recovery in economic activity

India needs more global sized banks to help achieve $5 trn economy: CEA

He rued the fact that India has only one bank in top 100 global bank list while a country much smaller in size has more such banks

Covid-19 impact: Govt plans job scheme for urban poor and migrants

It could be a new scheme or modified version of an existing employment programme, officials say

Top headlines: Next fiscal policy, peak gold prices, CARE ratings and more

Here are the top headlines of the day

CEA Subramanian says V-shaped recovery possible if Covid-19 contained

With a coronavirus vaccine still months or may be even years away, economists outside the government don't see a sustained recovery anytime soon.