Restoring the finance ministry's credibility requires more than ensuring that the fiscal deficit numbers are believable
Recycling assets - selling brownfield projects and investing the proceeds in greenfield projects - is India's best bet for growth revival
Global slowdown, tight financial conditions and political uncertainty in the election year will be the biggest headwinds for growth, the report by Japanese brokerage Nomura has said
It is not the first time that Arvind Subramanian has expressed misgivings about the growth figures being put out
Have just two rates of personal income tax: 10 per cent and 20 per cent.
The attempt at validating official numbers saying they were arrived at following global standards and endorsed by international agencies would be self-defeating
This has reignited the debate on the accuracy of India's GDP numbers in particular, and has once again highlighted the inefficiencies in the estimation of national accounts in general
India's GDP growth rate between this period should be about 4.5 per cent instead of the official estimate of close to 7 per cent, Ex-CEA said in a research paper published at Harvard University
India has held the crown of the world's fastest-growing major economy until recently
Next govt must prioritise restoration of faith in official data
The economy would be underestimated if transactions with benami companies were not captured, the former chief statistician says in an interview
With robust growth, and food prices poised to recover, inflation is expected to converge toward 4 per cent
The Modi government has handled inflation far better than any government in the past two decades
On the fiscal side, the budget for FY20 plans to increase cash transfers for farmers
Kant also stressed on scrapping Agriculture Produce Marketing Committee and some old laws like the Essential Commodities Act, which restrict movement of farm produces
Disappointing GDP print buries some good news as well
According to an analysis by Motilal Oswal, India's government debt-to-GDP ratio is 68.4 per cent, second only to Brazil
India has been unable to address population growth meaningfully which has prevented it from reaching global average for decline in extreme poverty
Demonetisation year saw an economic growth rate of 8.2%, according to the revised data
Trend likely to continue next fiscal, with world economy seen slowing and there being no let up in the US-China trade spat; RBI may change stance with inflation cooling