Read more about CEA K V Subramanian expects green shoots ahead of festive season on Business Standard. The economic activity can come back once the pandemic related strictures are removed, Covid-appropriate behaviour becomes a part of life and the pace of vaccination accelerates
Chief Economic Advisor said the cycle of private sector investment will begin though there is a lag
Chief Economic Advisor Krishnamurthy Subramanian on Saturday has said that the country requires growth at this juncture, even with economic tradeoffs, as it aspires to increase its dominance and self-reliance in the global economy. Subramanian s comment comes ahead of the revision of policy framework and inflation targets by the Monetary Policy Committee headed by the RBI governor by March 31. It will be the first review for RBI since it was tasked with a mandated inflation target of four per cent with a two per cent deviation either way in June 2016, when it adopted a flexible inflation targeting model.
Read more about Financial sector growth has been slow: CEA Krishnamurthy Subramanian on Business Standard. He said the Budget has made a significant push towards reforming the financial sector and adding vitality to it
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Meet Nirmala Sitharaman s Team Behind Budget 2021 That Promises to Be Like Never Before
(For representation) Finance Minister Nirmala Sitharaman will present the Union Budget 2021 on February 1. (REUTERS/Altaf Hussain)
Sitharaman s team will navigate often competing, multiple demands from various sectors, citizens, and stakeholders to provide a probable balm in these Covid times.
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The Narendra Modi government will on Monday present perhaps its most important budget as the Indian economy recovers from an unprecedented global pandemic. Like the rest of the world, Covid-19 flat-lined the economy, with the first quarter witnessing the steepest contraction in independent India’s history. For the full year 2020-21, GDP is likely to witness the first contraction in four decades. Meet Finance Minister Nirmala Sitharaman s team that will navigate often competing, multiple demands from various sectors, citizens, and stakeholders to provide a probable balm in th