Search Result for : Chief Economic Adviser Arvind Subramanian

Deepak Kumar Amid the uncertain global trade scenarios, which have magnified further following the ascension of Donald Trump as the US President, an alternate multilateral trade deal among ten major economies could stimulate global trade and offer myriad opportunities for their collective economic development. The trade bloc comprising of middle-income economies such as China, Brazil, India, Indonesia, Mexico, and South Africa; along with some major high-income countries such as Japan, Australia, New Zealand and UK could turn out to be a strategic departure from the regionally-focused trade blocs, and therefore could help to bring about some semblance of trade-dignity in the international trade arena. Last week, India’s Chief Economic Adviser to the Union Government, Arvind Subramanian along with Commerce Secretary Rita Teotia ...

Source: PTI The government will consult stakeholders including the Reserve Bank before firming its views on a draft bill that seeks to limit the central bank's authority in setting interest rates. Finance Minister Arun Jaitley said the government will take a view on the revised draft of the Indian Financial Code -- which favours creation of an interest rate-setting panel where a majority (out of its 7 members) is nominated by government -- only after receiving comments from stakeholders. The Chief Economic Adviser Arvind Subramanian has already dubbed the IFC draft as merely a FSLRC report, not reflecting government views. "FSLRC has made its recommendations, which have been made public for comments. After the comments are received, it is only then that ...