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Former Chief Economic Advisor Arvind Subramanian, Economist Jean Dreze and former Union minister S Narayan will also be a part of council meant to revitalise Tamil Nadu's economy.
Former RBI governor Rajan says India’s relative success with first wave likely led to a sense that vaccines could be rolled out slowly, adds that the govt is now in 'emergency mode'.
Nearly 180 academics from Yale, Columbia, Oxford universities also voiced support for Pratap Bhanu Mehta, who quit as a professor of Ashoka University earlier this week.
Rajan said govt’s ambitious target to make India a $5 trillion economy by 2024-25 was ‘more aspirational than carefully computed’, even before the pandemic.
A quick take on what prime time TV news talked about.
While global growth is widely expected to strengthen as more people are vaccinated, top economists say pandemic has exposed the depth of inequality.
Kaushik Basu has been critical of Modi govt’s farm reform laws, trashing them on Twitter and in a newspaper article and has sought their withdrawal.
India needs to worry about medium-term growth trajectory and see if the current levels of demand are sustainable in future, the former RBI governor says at ASCENT eConclave 2020.
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In a paper, Raghuram Rajan & Viral Acharya have termed the recent recommendation of an RBI internal working group on allowing corporates into banking a ‘bombshell’.