Topic: K.V. Subramanian
In an interview to ThePrint, CEA Krishnamurthy Subramanian explains reasons behind the govt opting to reduce taxes on imported food items like edible oil but not on petrol or diesel.
Former Chief Economic Adviser Arvind Subramanian had argued that India’s growth may have been overestimated by 2.5 % points every fiscal between 2011-12 and 2016-17.
Oil prices are expected to decline in 2019-20 from the current level, boosting consumption, says CEA K.V. Subramanian’s first Economic Survey.
Chief Economic Adviser K.V. Subramanian says Modi government has laid the foundation for sustained economic growth in the last five years.
For years, the luxury car market in India was biased towards the entry-level. But today, cars below Rs 40 lakh account for the smallest fraction of sales.
To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.
In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.