Krishnamurthy Subramanian. | Photo Credit: The Hindu Taking a tough stance, India has batted for “stringent monitoring” of any emergency funds provided by the International Monetary Fund (IMF) to its financially beleaguered neighbour Pakistan, stressing that such funds must not be redeployed towards defence bills or repayment of loans from other countries. India’s position was … Read more
The Reserve Bank of India‘s (RBI) decision to withdraw the Rs 2,000 note from circulation will not affect the common man, according to former Chief Economic Advisor Krishnamurthy Subramanian. Subramanian, who had earlier defended the 2016 demonetisation, argued that since the Rs 2,000 notes are not in use in everyday life and the cash in … Read more
The budget has laid the foundation for high growth over this decade, chief economic adviser Krishnamurthy Subramanian said. In an interview with ET, he said the fiscal policy should be counter-cyclical. Edited excerpts: The Economic Survey called for fiscal relaxation. Does the budget go far enough in that direction? The survey has called for counter-cyclical … Read more
Chief economic adviser Krishnamurthy Subramanian said on Friday fiscal rules should be framed in a way that they enable a counter-cyclical fiscal policy. Subramanian, in an interaction with the media, batted for reforms in the agriculture sector that he said would bring multiple benefits for farmers. Edited excerpts: ON CRICKET AND V-SHAPED RECOVERY India’s V-shaped … Read more
Chennai: Chief Economic Advisor Krishnamurthy Subramanian on Tuesday exuded confidence that the country would be back to a high growth path through reforms announced by the government, after overcoming the COVID-19 pandemic. “When reforms (announced by the Centre) unleash, we will be definitely on a high growth path”, he said participating in the Connect 2020 … Read more