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Chief Economic Advisor Says Finance Ministry Agrees With RBI For FY24 Growth Forecast

Chief Economic Adviser V Anantha Nageswaran on Saturday said that the government is on the same page with the Reserve Bank of India regarding the GDP growth forecast for the current financial year which is 6.5%. Speaking at a session organised ...

Central Government Again Hikes Salary Under 7th Pay Commission

The union government has recently hiked the Dearness Allowance (DA) and the Dearness Relief (DR) of the central government employees. They will get a DA hike from 17% to 28% and House Rent Allowance (HRA) hike from 24% to 27%. DA ...

Economic Survey 2019: CEA Reveals Plan To Make India A $5-Trillion Economy

The Economic Survey on tabled on Thursday, a day before the Union Budget 2019 presentation, reveals Chief Economic Adviser Krishnamurthy Subramanian's plan to making India a $5-trillion economy. The survey gives an idea of the economy's performance in the last one ...

Krishnamurthy Subramanian Appointed As Chief Economic Advisor

The government today appointed Krishnamurthy Subramanian, associate professor and executive director (Centre for Analytical Finance) of Indian School of Business, Hyderabad, as the new chief economic adviser to the finance minister for 3 years He has taken over the position held ...

Single GST Rate Not Likely; To Merge 12% And 18% GST Rate: CEA

The chief economic advisor to the country Arvind Subramaniam hailed the recent cuts by the GST council and said that the government is likely to keep the highest slab rate of 28% reserved for demerit goods while it can merge 12% ...