Arvind Subramanian (File Photo/IANS)

Economic Advisory Council refutes Arvind Subramanian’s paper

New Delhi: As promised, the PM’s Economic Advisory Council (PMEAC) on Wednesday came out with a “point-to-point rebuttal” of Arvind Subramanian’s research paper that claimed India over-estimated its GDP growth figures post 2011-12. The five member PMEAC, chaired by Bibek Debroy, sought to highlight several flaws in the former chief economic advisor Subramanian’s research report. Subramanian […]

Chief Economic Adviser Arvind Subramanian (File Photo/IANS)

Govt rebuts ex-CEA Arvind Subramanian’s contention on GDP; says right methodology followed

New Delhi: The government on Tuesday rebutted former Chief Economic Adviser Arvind Subramanian’s contention regarding over-estimation of the Gross Domestic Product (GDP) data and stated that proper methodology was followed in calculating the country’s overall economic growth estimates. “The GDP estimates released by the ministry are based on accepted procedures, methodologies and available data and objectively […]

Arvind Subramanian (File/IANS)

Former Chief Economic Advisor Arvind Subramanian questions GDP figures of which he too was a part

New Delhi: India’s former chief economic advisor Arvind Subramanian on Tuesday questioned the country’s GDP figures of the time period during which he was part of the government for some years. From 2015 to 2018, Subramanian presented four economic surveys, and not even once did he raise the same issue. The overall GDP growth for 2017-18, […]

Photo : Twitter@Congress

Arvind Subramanian should have resigned over demonetisation: Rahul Gandhi

New Delhi :  Attacking Prime Minister Narendra Modi on demonetisation, Congress President Rahul Gandhi on Thursday said that former Chief Economic Adviser Arvind Subramanian has distanced himself from the decision to junk high-value currency notes, but he should have resigned on the issue and those guilty of the “huge scam” will be punished. In a […]

Arvind Subramanian (File/IANS)

Demonetisation is massive, draconian, monetary shock: Arvind Subramanian breaks his silence

New Delhi : Arvind Subramanian kept a studied silence on demonetisation as long as he was Chief Economic Adviser but six months after quitting the job he has described the note ban as a massive, draconian, monetary shock that accelerated economic slide to 6.8 per cent in the seven quarters after the decision against the […]

Arvind Subramanian (File/IANS)

Demonetisation a massive, draconian, monetary shock: Arvind Subramanian

New Delhi : Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8 per cent in the seven quarters after it against the 8 per cent recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra […]

Rahul Gandhi (File Photo)

Rahul slams Jaitley for breaking news of Subramanian’s quitting on FB

New Delhi :  Congress President Rahul Gandhi on Wednesday slammed Union Minister Arun Jaitley for uning Facebook to break the news about Chief Economic Advisor (CEA) Arvind Subramanian’s term not getting extended. He also took a veiled attack at Prime Minister Narendra Modi saying “Captain DeMo is fast asleep”. The Congress also slammed the government […]

Chief Economic Advisor Arvind Subramanian (File Photo/ IANS)

CEA Arvind Subramanian quits, to head back to US for research, writing

New Delhi :  Chief Economic Advisor Arvind Subramanian, who succeeded the high-profile Raghuram Rajan in the Finance Ministry in 2014, has quit the government with plans to go back to the US for research and writing. The news about Subramanian leaving the Finance Ministry was broken by Finance Minister Arun Jaitley who wrote a Facebook […]