Page 3 - Chief Economic Advisor

Govt extends Chief Economic Adviser Nageswaran's term until March 2027

Nageswaran was appointed to the position in 2022 and has also served as a part-time member of the economic advisory council to the prime minister from 2019 to 2021

Rupee depreciation may slow if inflation remains in control: CEA Nageswaran

Nageswaran attributed the rupee's current weakness to the prolonged strength of the US dollar, rather than any structural issues with India's economy

Tax relief move has reduced demand uncertainty: CEA V Anantha Nageswaran

Nageswaran says Budget gave a nudge to pvt sector investments

Record tax cuts in Budget to spur consumption, says CEA Nageswaran

In the Economic Survey last week, Nageswaran said that Asia's third-largest economy is expected to expand at a modest clip of 6.3 per cent-6.8 per cent in the coming fiscal year

CEA's 'get out of the way' advice to govt most sensible: Ex-FM Chidambaram

Former Finance Minister P Chidambaram has called the Economic Survey 2025 a 'powerful indictment' of the Modi government's economic policies, citing key observations by the Chief Economic Advisor

Give back entrepreneurs & households their time and mental bandwidth: CEA

Give entrepreneurs and households back their time and mental bandwidth, Chief Economic Advisor V Anantha Nageswaran said while making a strong case for significant roll back of regulations both by the Union and state governments. In the Preface of the Economic Survey 2024-25, he said 'Getting out of the way' and allowing businesses to focus on their core mission is a significant contribution that governments around the country can make to foster innovation and enhance competitiveness. "The most effective policies governments - Union and States - in the country can embrace is to give entrepreneurs and households back their time and mental bandwidth. That means rolling back regulation significantly. That means vowing and acting to stop micromanaging economic activity and embracing risk-based regulations," Nageswaran wrote. Effective government policies also means changing the operating principle of regulations from 'guilty until proven innocent' to 'innocent until proven guilty'. Add

Economic Survey 2024-25: Key highlights and challenges the CEA presents

India's economy is expected to grow between 6.3 per cent and 6.8 per cent in FY26. Chief Economic Adviser believes India is on a steady growth path while globalisation is slowing down

PM Modi stresses fundamental change in the mindset for Viksit Bharat

The meeting was chaired by the Prime Minister and attended by Finance Minister Nirmala Sitharaman, Chief Economic Adviser V Anantha Nageswaran, and NITI Aayog officials

Higher tax will drive capital away, says CEA V Anantha Nageswaran

Rejecting the idea of a "billionaire tax" suggested by noted economist Thomas Piketty, Nageswaran said, "Not all problems can be solved through fiat"

Need energy transition without compromising economic growth: CEA Nageswaran

Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday underlined the need to be cautious about energy transition and it should be without compromising growth. "We need to do it carefully so that we do not throw the baby of economic growth out with bath water in the name of managing energy transition and tackling climate change. Without growth there are no resources to invest for climate change management," he said while speaking at the Global Economic Policy Forum organised by CII here Citing negative impact, he said, Europe is facing an economic doldrum because of a sharp rise in industrial electricity prices partly because of focus on renewal energy and energy transition. He said that this is not just a political challenge, but also an economic one, affecting not only India but the entire global South. Assuaging concerns of slowdown, he said, India is on track to achieve 6.5-7 per cent GDP growth for the current fiscal pencilled in Economic Survey. He, however, said, the

Need to differentiate between financial, non-financial regulation: CEA

Chief Economic Advisor V Anantha Nageswaran on Wednesday said there is a need to differentiate between regulation of financial and non-financial sectors as competition in financial sector can lead to excessive risk taking and bring instability. "We do need to make a distinction between regulation with respect to financial sector and regulation with respect to non-financial sector of the economy," Nageswaran said at the CII Global Economic Policy Forum 2024. He said in non-financial sector, except in case of natural utilities where one needs a regulator to protect customer interest, competition or market forces will take care of what the regulators do. In financial sector, regulators have the tendency to lean towards excessive regulations, as if things go wrong in this sector the state is expected to bail out and the effects are systemic. " In financial sector, competition sometimes leads to excessive risk taking and competition can be a source of instability rather than stability,

Low salaries can be self-destructive for India Inc, says CEA Nageswaran

Deregulation to be big theme of Eco Survey

Low GDP growth: Don't throw baby out with the bathwater, urges CEA

Speaking at Assocham's Bharat@100 Summit, CEA V Anantha Nageswaran emphasised that India's underlying growth story remains intact despite dismal Q2 GDP figures

India's potential GDP growth is in range of 6.5-7%, says CEA Nageswaran

India's potential GDP growth is in the range of 6.5-7 per cent and the country should be able to achieve it on the back of things that done already in the last 10 years, Chief Economic Advisor V Anantha Nageswaran said on Monday. The Economic Survey projected India's GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the preceding financial year. Addressing IVCA's GreenReturns Summit, he said, "India's potential GDP growth is in the range of 6.5-7 per cent and we should be able to achieve it on the back of things that we have done already in the last 10 yearswhether it is in terms of augmenting the physical infrastructure or achieving financial inclusion." Emphasising the investment areas, he said, "We all know about the issue of intermittency. The investment shouldn't focus on setting up solar power plants or wind energy plants as we need to take into consideration the increasing cost of recycling solar panel waste and wind turbine waste. That is an area

Q2 growth disappointing but 6.5% GDP target for FY25 'not in danger': CEA

The Economic Survey projected India's GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the the preceding financial year

TOP, precious metals accounted for 1/3rd of Oct inflation: CEA Nageswaran

Premature to say slowdown in urban consumption going to persistent

Trump win may ensure India's trade security: CEA Nageswaran at BFSI Summit

Chief Economic Adviser to the Government of India V Anantha Nageswaran shared his thoughts on the impact of the US elections on India's growth at the Business Standard BFSI Insight Summit

Premature to link market trends to US election: Nageswaran at BFSI Summit

Chief Economic Adviser to the Govt of India, V Anantha Nageswaran, shares thoughts on market trends and growth at the Business Standard BFSI Insight Summit

US Presidential election: India expects 'policy continuity' with Trump

US Presidential election 2024: Indian leader PM Modi, EAM Jaishankar, Chief Economic Adviser Nageswaran, and more expect US-India bond to remain strong regardless of US election results

India expects policy continuity with US regardless of election outcome: CEA

India's Chief Economic Adviser V. Anantha Nageswaran was speaking to Reuters in Singapore just as Republican Donald Trump declared victory in Tuesday's election