Page 6 - Economists

PM Modi to meet economists at NITI Aayog today ahead of Union Budget

Prime Minister Narendra Modi is scheduled to hold a meeting with economists at NITI Aayog on Friday, sources said

Trust has to be built among people of different religions: Amartya Sen

Noted economist and Nobel laureate Amartya Sen has said that there is a need to "build trust" to overcome "terrible misunderstandings" among people of different religions. Sen, who was in Kolkata to attend a private function organised for school children by his trust -- Pratichi -- also said that "ignorance and illiteracy" have led to some of these differences. "We live in a world where terrible misunderstandings are very common between religions... We have all kinds of differences. Some of the differences come from illiteracy and ignorance," Sen said, speaking at the event arranged by 'Pratichi Trust' in collaboration with another organisation, 'Know Your Neighbour'. "(There is a) need for building trust. If a Muslim gentleman takes a different view, we need to ask the question, why is he taking a different view?" Sen said. The economist, to put across his point that views may differ from one person to another, referred to an incident when he had taken his daughter Antara for a ..

India's FY24 growth to dip to 5.5% from 6.8% in FY23, says HSBC economist

India's economy is expected to grow 5.5% in the next financial year, a notch below the expected potential rate of 6%, as growth momentum in the country was slowing gradually, an economist at HSBC said

Economists urge hike in tobacco tax for reaching PM's $5 trn economy vision

A substantial hike in tax on all tobacco items and stronger laws will not only bring the best out of human capital by ensuring better health of citizens, but also help in achieving Prime Minister Narendra Modi's vision of a five trillion dollar economy by 2025, experts have asserted. Noting that the health care burden due to tobacco consumption in India is around 1.04 per cent of GDP, pushing many into poverty, Arvind Mohan, Professor and Head, Department of Economics, University of Lucknow said a substantial increase in tax on these lethal items will close the gap. Speaking at a webinar, he echoed views of the World Health Organisation (WHO) as well as many other international bodies like World Bank that tobacco taxation is an efficient tool, reducing tobacco consumption faster than any other single measure. Mohan explained that presently, health is a big challenge for human development as at least 70 per cent of the health expenditure is being met by the public themselves, while .

BS BFSI Insight Summit 2022: Leading economists to discuss recession fears

From Aditi Nayar the Chief Economist at ICRA to Mridul Saggar, professor of practice, IIM Kozhikode; formerly MPC Member and RBI ED, here is the full list of economists on BFSI panel

Memoirs of an economic savant

C Rangarajan's book is a superb record of the economic history of the initial years of reform

Janet Yellen: For the people

Two recent biographies offer insights into the life and work of the US Treasury Secretary. One is a tad more absorbing than the other

Yoginder K Alagh (1939-2022): An exceptionally generous economist departs

Born in pre-independence India, Alagh has left behind a rich legacy in the world of economic policymaking

Rural distress harming MSMEs, pulling down manufacturing: Economists

Government's PLI schemes can help manufacturing and reduce import dependence in some sectors, say some experts

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

The Finance Ministry was also urged to continue with long term loans to states to support their capex programs, and give them more leeway to spend, in order to boost growth

GDP growth may have beaten MPC estimate of 6.3% in Q2, say most economists

The GDP numbers for the second quarter of the current financial year are scheduled to be out by this month end

China's services activity drops as Covid-19 lockdowns curb spending

The data is further evidence of the toll China's Covid Zero strategy is taking on consumer spending and the economy.

Old economists, old ideas, bad policies

Big data is being put to extensive use for microeconomic analysis. Older economists to whom the government pays attention are quite clueless about these forms of analysis

Staying out of IPEF's trade pillar: There are two sides to this debate

There is no meeting ground between politics which is looking at the elections this year, and economics, which is looking at the next decade

Obituary: Abhijit Sen - A great economist with rural, agriculture focus

He was an excellent analytical economist and his is a great loss to the profession of economics vis-a-vis research and policy, writes S Mahendra Dev

Prof Abhijit Sen: A lifelong champion of the poor and marginalised

Coined the term 'technology fatigue' in relation to agriculture

Noted agricultural economist, former CACP chief Abhijit Sen passes away

He had deep knowledge and understanding of India's rural economy, says NITI Aayog member Ramesh Chand

Leading economist Abhijit Sen passes away at 72 following a heart attack

Economist Abhijit Sen, a former Planning Commission member and one of the country's foremost experts on rural economy, died on Monday night. He was 72. "He suffered a heart attack around 11 PM. We rushed him to the hospital, but it was all over by the time we got there," said Dr Pronab Sen, his brother. In a career spanning more than four decades, Abhijit Sen taught economics at New Delhi's Jawaharlal Nehru University, and held several important government positions including the chair of the Commission of Agricultural Cost and Prices. He was a member of Planning Commission from 2004 to 2014, when Manmohan Singh was the prime minister.

London or Londongrad? What makes the UK a hub for global 'dirty money'

According to reports, the 'questionable funds' in the UK amount to over $125 billion every year. What makes London a hub for money laundering? Find out here

Who is the new World Bank chief economist, Indermit Gill?

Indermit Gill is appointed the new Chief Economist of the World Bank Group and Senior Vice-President for Development Economics. Let's delve into Gill's contributions to development economics and more