The reason that India hasn’t grown at the speed of South Korea, China or Vietnam is because the machinery of the government still holds on to the ‘commanding heights’.
Somanathan is an IAS officer from the Tamil Nadu cadre. He holds a PhD in economics. Most of his colleagues admit that an academic expert of his kind is rare in the civil services.
Somanathan, currently finance secy, will take over as cabinet secy for 2 yrs starting 30 August. A vital adviser to finance minister & close to PMO, he is vocal about views on taxation.
In interview with ThePrint, finance secretary spoke on Budget, how central govt can encourage states to increase capex, MGNREGA allocation & if food, fertiliser prices will fall.
When asked about the stock rout in an interview, Somanathan said there was no cause for concern for depositors, policyholders or investors in any nationalised banks or insurance companies.
Ever since the Love Is Blind: UK episode dropped, there has been a collective meltdown online over the separation of Pakistan-origin Kal Pasha and Indian-origin Sarover Kaur Aujla.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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