Synopsis
Chairman of the 15th Finance Commission NK Singh speaks to ET on the Commission’s reading of the economy and its recovery path, the need for a stimulus and GST compensation to states, ahead of publishing its final report.
Chairman of the 15th Finance Commission NK Singh speaks to ET on the Commission’s reading of the economy and its recovery path, the need for a stimulus and GST compensation to states, ahead of publishing its final report. Excerpts from an interview with Anubhuti Vishnoi:On the EconomyThere is a contraction in nominal and real terms and the estimates vary widely –– some even suggesting double-digit numbers. We will be exercising our judgement
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