"Despite improvements in healthcare access and quality (healthcare access and quality scored at 41.2 in 2016, up from 24.7 in 1990), India continues to underperform in comparison to other Low and Lower Middle Income (LMIC) countries."
»Once His Student, KV Subramanian s Economic Survey Takes Aim at Raghuram Rajan s Policies as RBI Guv
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Once His Student, KV Subramanian s Economic Survey Takes Aim at Raghuram Rajan s Policies as RBI Guv
File photo of CEA Krishnamurthy Subramanian.
The Economic Survey pins the blame for India s bad bank problem on “accounting sleight of hand” that RBI allowed around Raghuram Rajan s tenure as the central bank governor.
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What is at the root of India’s bad loan problem? The Economic Survey 2020-21 responds to this in a no-holds-barred manner. Shorn of jargon, it pins the blame on “accounting sleight of hand” that the Reserve Bank of India (RBI) allowed during 2013-16, broadly coinciding with the time Raghuram Rajan was the central bank governor.
The Sensible, the Debatable and the Bizarre in the CEA s Defence of India s Lockdown
Krishnamurthy V. Subramanian s Economic Survey begins with a staunch defence of the national lockdown
Vehicles drive on a nearly empty road after India extended a nationwide lockdown to slow the spreading of coronavirus disease (COVID-19), in New Delhi, April 14, 2020. Photo: Reuters/Anushree Fadnavis/Files
Health29/Jan/2021
The Economic Survey 2020-2021, released earlier today by chief economic adviser Krishnamurthy V. Subramanian, begins with a staunch defence of the national lockdown Prime Minister Narendra Modi imposed in March 2020, ostensibly to slow the spread of the novel coronavirus and save lives.
Economic Survey calls for simplification of regulations
By IANS |
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Fri, Jan 29 2021 17:21 IST |
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New Delhi, Jan 29 : The Economic Survey 2020-21 has called for the simplification of regulatory processes in the light of uncertainties amid the coronavirus pandemic.
The survey presented in Parliament by Union Finance Minister Nirmala Sitharaman on Friday noted that administrative processes in India are often loaded with significant procedural delays and other regulatory complexities in decision-making process to make them inefficient and cumbersome for all stakeholders.
In order to resolve the issues, authorities often make attempts to reduce the discretion by having more complex regulations, which is counterproductive and results in even more non-transparent discretion, it added.
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