The co-chairs of the key G20 Expert Group on ‘Strengthening Multilateral Development Banks (MDBs)’ under India’s G20 presidency spoke on global cooperation, the impact of the American economy on the world and India’s growth rate.
NK Singh and Summers will be the guest at the Express Adda in Mumbai on Tuesday and will be in conversation with Anant Goenka, Executive Director, The Indian Express group.
Policymaker, economist and politician NK Singh is the co-chair, along with former US Treasury Secretary Lawrence Summers, of one of the most important G20 expert groups on the reform of multilateral development banks (MDBs).
Updated Feb 09, 2021 | 22:27 IST
NK Singh said that reforms like GST needs restructuring while agri reforms have to go beyond the farm laws. Screengrab
New Delhi: The 15th Finance Commission s final recommendations for the period between 2021 and 2026 have been tabled in the Indian parliament. The Finance Commission recommends share of states in central taxes at 41%, the same as FY21. ET Now’s Ruchi Bhatia caught up with the Chairman of 15th Finance Commission NK Singh and began by asking him about the budget, the call for restructuring the FRBM act, higher health spends and a lot more.
Singh says that Budget 2021 brought about a tectonic shift in policymaking but adds that fiscal glide path of 4.5% by FY26 seems quite elevated given that we are in the midst of the pandemic.