Previous chief economic adviser Arvind Subramanian presented 4 economic surveys with 4 big ideas that indicated a way forward for comprehensive development.
The country is the loser when top-flight economists leave, especially when growth has slowed and there are macro-economic challenges in every direction.
India's GDP estimates are under scrutiny again this week after former CEA Arvind Subramanian claimed country may have overestimated its growth by 2.5% points.
It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
Dr A S prepared fantastic Economic Surveys. As the column notes with some regret, they did not translate into economic Taj Mahals. 2. That takes me back to the start of my career, as a Management Trainee with Dr Charat Ram. He wanted management information to be put up to him in elaborate formats, which he kept changing and chipping. An older colleague explained to me, that was Lalaji’s way of fixing the figures firmly in his mind. His older brother, Dr Bharat Ram, was entirely different. A man after my heart, he wanted a few important figures – production, sales, profit, cash availability- to be written for him on a piece of paper. 3. We do not want erudite Economic Surveys. We are all waiting anxiously to see the light of day for the economy.
Dr A S prepared fantastic Economic Surveys. As the column notes with some regret, they did not translate into economic Taj Mahals. 2. That takes me back to the start of my career, as a Management Trainee with Dr Charat Ram. He wanted management information to be put up to him in elaborate formats, which he kept changing and chipping. An older colleague explained to me, that was Lalaji’s way of fixing the figures firmly in his mind. His older brother, Dr Bharat Ram, was entirely different. A man after my heart, he wanted a few important figures – production, sales, profit, cash availability- to be written for him on a piece of paper. 3. We do not want erudite Economic Surveys. We are all waiting anxiously to see the light of day for the economy.