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Carbon tax India: CEA flags carbon tax, says developing countries must not be penalised

Chief Economic Advisor V Anantha Nageswaran has expressed concerns about the imposition of tariffs on high-carbon goods by advanced economies, arguing that developing countries should not be penalised for contributing to the economic activities of the developed world. He also highlighted the vulnerability of developing countries towards renewable energy, especially in the wake of geopolitical tensions.

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Fiscal consolidation may lead to lower inflation, interact rates: CEA Nageswaran

Fiscal consolidation may lead to lower inflation, interact rates: CEA Nageswaran
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Budget 2024: Huge infrastructure build-up in Modi decade comes with mounting public debt, ET Auto

Budget 2024: While capex spends are indeed increasing year on year - there are expectations of the interim budget on Thursday carrying on with this annual tradition and announcing a hefty increase in capex once again - the funding is increasingly coming from resources outside the budget exercise. Along with this, India’s public debt is widely expected to increase this year to over 80% of GDP (the IMF has projected government debt for FY24 at 82% of GDP), consequently increasing interest payments and affecting government spending.

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India can become a developed country by 2047, says finance ministry

India can become a developed country by 2047, says finance ministry
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Finance Ministry says economy likely to grow closer to 7% in 2024-25

Finance Ministry says economy likely to grow closer to 7% in 2024-25
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