The rise in tariffs will raise prices in major economies and trigger an economic slowdown, possibly even prompting a recessionary phase, says Montek
Ahluwalia added that creating newer cities in existing states is riddled with challenges that are both political and economic
Former Deputy Chairman of the erstwhile Planning Commission and eminent economist Montek Singh Ahluwalia on Monday recalled his long association with Manmohan Singh, saying he welcomed criticism and took on board different options on economic issues. Ahluwalia credited him with setting the course for India's economy by introducing economic reforms. Speaking with PTI Videos, Ahluwalia said, "I think one of the things that we can learn from Dr. Manmohan Singh is that the economic policy is a complicated issue and it's good to get all kinds of views on the table. It's not a simple matter of just deciding something and then if you can just implement it things will get done". Ahluwalia recalled that former RBI governor Raghuram Rajan, who was then associated with IMF had made critical remarks about Manmohan Singh's work, and Singh later appointed him as the Chief Economic Advisor. "So to bring in someone who has been so critical into the ministry is an indication that one should accept
Ahluwalia said if household net savings continue to decrease and fiscal deficit reduction is neglected, it could lead to significant problems, including crowding out of private investments
In a letter to the UPSC, Union Minister Jitendra Singh said Prime Minister Narendra Modi firmly believes that the lateral entry process should uphold the principles of equity and social justice
The commerce minister left no one in any doubt that the government will protect the domestic producers as long as they felt that it was necessary
Ahluwalia suggested that a portion of central taxes be set aside for this transfer and the remaining be shared between the Centre and the states
At Business Standard Manthan, Arvind Subramanian said that to reduce the gap, there needs to be a renegotiation of social contracts in agriculture and fiscal federalism
In a Q&A, the former deputy chairman of the Planning Commission, dwells on the areas where he feels UPA did not meet up to the challenges and the progress made by the BJP on certain fronts
The moves by investors and accounting innovations by economists and auditors could make a critical difference on the margin. Call it Plan B; there is no Plan C, writes T N Ninan
Looking into yesterday while he assesses today, Ahluwalia retains his entrenched belief in India's ability to overcome
Ahluwalia said he is in favour of NMP that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways
Is the economic recovery at the cost of the middle class? Will Jet Airways' take-off after a lull be smooth? Is stock frenzy based on irrational exuberance? Listen to this podcast for answers
Business Standard sits down with renowned economist and former deputy chairman of the Planning Commission, Montek Singh Ahluwalia, to get answers to crucial questions on the economy
Massive electrification and a switch to green sources of electricity could be an ideal decarbonisation strategy for India, suggests the former deputy chairman of the Planning Commission
Climate change is at the top of the agenda this year in both developed and emerging market countries, says Ahluwalia
Bringing down import tariffs by at least 50 per cent holds the key to achieve competitiveness in India, Ahluwalia said
Irascible but always ready to listen, Khullar's guiding credo was that a civil servant must never lose sight of his client
Economy, which contracted in the first two quarters of the current fiscal, has started recovering at a gradual pace, former deputy chairman of erstwhile Planning Commission Montek Singh Ahluwalia said
The NDA government needs to build a consensus among people through discussions, former deputy chairman of erstwhile Planning Commission Montek Singh Ahluwalia said.