I expect 7.5%, or perhaps a little higher for the coming financial year, says Das
Says Problem of NPA is to provide more capital, inject more capital into the banks
A growth of only 8.8% is expected to accrue out of the GST roll out from July
Das said the government is working on the modality of how the power of approval will be delegated
Interview with Economic Affairs Secretary
From this year, the government has decided to merge the Railway Budget with the General Budget
New Rs 500 note features the Red Fort and new Rs 1000 note features the Mangalyaan
Gov would like to consolidate current position of India and attract more of investment into our market, said Shaktikanta Das
The consumer price index-based inflation fell to a five-month low of 5.05 per cent in August
Says the government is committed to continuing reform measures and policy initiatives
The government is hoping to move two legislative initiatives in the monsoon session of Parliament, one to deal with bankruptcy of financial firms and the other for dispute resolution of public-private partnership (PPP) projects, Economic Affairs Secretary Shaktikanta Das told Business Standard on Monday.In an exclusive interaction, Das also said the government has a strong case to make to global ratings agencies for an upgrade and that a Monetary Policy Committee would be set up in the first half of FY17.Finance Minister Arun Jaitley had announced a number of planned legislative measures in his 2016-17 Budget speech, including a comprehensive code for resolution of distress in financial firms and a Public Utility (Resolution of Disputes) Bill to deal with PPP disputes.
Interview with Economic affairs secretary
The MPC, tasked with setting the interest rates, will constitute six members
On average, India will borrow Rs 14,000-15,000 cr per week via auction
Interview with Economic affairs secretary