Page 6 - Chief Economic Advisor

Searching for growth

Integration with global economy must increase

There's broad support for India's agenda at G20 meeting, says DEA secy

The FCBD meeting is setting the agenda for the meeting of G20 finance ministers and central bank governors, scheduled to be held in Bengaluru in February

Waiting for private sector to take the lead on capex: CEA Nageswaran

'Not necessary or healthy for public sector to keep expanding capital investment,' he says

India's public spending could crowd out private spending, says CEA

India's chief economic adviser said on Friday that the current pace of public spending in the country could crowd out private spending

Economy will grow over 6.8% in FY23, says CEA V Anantha Nageswaran

While on the growth outlook of the next financial year FY24, he said he is optimistic on the growth story than many of global agencies forecast

India's CAD pegged at 3-3.2% of GDP in FY23: CEA V Anantha Nageswaran

'India's annual import cover comfortable; IMF does not consider external sector to be in a zone of vulnerability'

From UPA govt's CEA to PM Modi's NITI Aayog member: Who is Arvind Virmani?

Prime Minister Narendra Modi has approved Virmani's appointment notified on November 15. Here's all you need to know

Best of BS Opinion: Managing expectations, the state of states & more

Here is the best of Business Standard's opinion pieces for today

Managing growth expectations

In a highly uncertain global economic environment, realistic growth projections would reduce risks

FY23 GDP growth may not exceed 7%, says CEA V Anantha Nageswaran

The IMF sees FY23 GDP growth at 6.8 per cent compared with 7.4 per cent earlier, while the RBI has cut its forecast to 7 per cent from 7.2 per cent

India needs to be flexible as G-20 chief in face of global challenges: CEA

Nageswaran flags climate finance as a key agenda of bloc in face of 'unknown unknowns'

Run-up to Budget: Economic Survey may peg India's FY24 GDP growth at 6-7%

Economic Survey to focus on India's response to Covid, geopolitical shocks

India emerges as 'positive spot' due to policy responses, says ex-CEA

India has emerged as a positive spot in the world economy, due to the well-designed policy responses that were implemented during the COVID crisis, Krishnamurthy Subramanian, Executive Director (India)- International Monetary Fund Designate said on Tuesday. He was addressing All India Services, Central Civil Services, and Military Engineer Services Officers at Dr MCR HRD Institute of Telangana here, an official release said. The former Chief economic Advisor said the policy response of the Centre addressed supply side disruptions, by allowing movement of essential commodities even during the lockdown, as any disruptions in the supply chain would have made it extremely difficult to kick-start the economy, once again. Analysing the COVID policy response, Subramanian said as the Indian economy emerges from the COVID crisis, it is far more resilient than it was at the time of the earlier crisis. India is poised to enter a decade of growth at over seven per cent, which was in line with

India's fintech market to reach $1 trillion by 2030: Chief Economic Advisor

India's fintech market is expected to reach $1 trillion by 2030, from $31 billion in 2021, Chief Economic Advisor Dr V. Anantha Nageswaran said here on Tuesday.

Slowdown in West, on balance, would be positive for India: CEA Nageswaran

'Signs are very encouraging' are for the Indian economy, he says in an interview

CEA says India poised to grow at 7% this year and for rest of decade

Economic Survey had pegged FY23 GDP growth higher at 8-8.5%

Rupee doesn't need defending, it can take care of itself: CEA Nageswaran

Nageswaran said while international agencies were showing India's trend growth at 6%, the country could easily grow at 7% per annum for the rest of the current decade and beyond

India is not defending rupee, it can take care of itself: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran on Tuesday said India is not defending the rupee and the Reserve Bank of India is taking necessary steps to ensure that the movement of the rupee is gradual and in line with market trends. Nageswaran further said that the rupee is being managed in a manner that reflects the fundamentals of the economy. "India is not defending the rupee... I don't think Indian fundamentals are such that we need to defend the rupee. The rupee can take care of itself," he said at an event here. The Indian rupee, in August, had touched an all-time low of 80.15 against the US dollar. It is currently hovering at 79.25 level against the American currency. "The RBI is making sure that whatever direction the rupee is moving in line with the market trends is just gradual and doesn't impose burden either on the importers or the exporters," Nageswaran added. On declining foreign exchange reserves, he said, "Global risk aversion prevents capital from coming in. Natur

India could grow at about 7% annually this decade: CEA Anantha Nageswaran

India should be able to grow at about 7% annually this decade as investment spending is expected to rise and the digital economy picks up, the chief economic adviser said on Tuesday

Patent officers' body moves CAT against high work targets: Report

The petition states that such high standards were adversely impacting the association's service conditions and hurting India's economic interests