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India to push back against 'agenda-driven' global ranking firms - Narendra Modi advisor India plans to push back against "agenda-driven", "neo-colonial" country rankings produced by global agencies on topics like governance and press freedom, a key advisor to Indian Prime Minister Narendra Modi told Reuters in an interview on Friday. Sanjeev Sanyal, a member of Modi's Economic Advisory Council, said India has begun to raise this issue at global forums. He said the indices were being compiled by a "tiny group of think-tanks in the North Atlantic,&q...
India to push back against 'agenda-driven' global ranking firms - Narendra Modi advisor
India to push back against 'agenda-driven' global ranking firms - Narendra Modi advisor
Source: Reuters
27/05/2023 9:28:53 AM
Indian economy to grow at 6.5% in FY24, continue to be fastest-growing major economy: Sanjeev Sanyal Expressing optimism over economic growth, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal has said Indian economy will grow at around 6.5 per cent in the current fiscal (FY24) and will continue to be the fastest-growing major economy in the world, notwithstanding a modest cut in growth projections by multilateral lending agencies. He further said that given the uncertainties in the global economy, India's performance is clearly far ahead of any other compara...
Indian economy to grow at 6.5% in FY24, continue to be fastest-growing major economy: Sanjeev Sanyal
Indian economy to grow at 6.5% in FY24, continue to be fastest-growing major economy: Sanjeev Sanyal
Source: Accord Fintech
17/04/2023 9:35:07 AM
India capable of sustaining economic growth of 9% for many years: Sanjeev Sanyal Expressing optimism over India’s economic prospects, Economic Advisory Council member Sanjeev Sanyal has said India is capable of sustaining an economic growth of 9 per cent for many years, even as he asserted that a high sustained GDP growth rate is key for the world to achieve the 2030 Sustainable Development Goals (SDGs). He said India has a per capita income of only $2,200 and that has been achieved after several years of very high growth rate. He said ‘Particularly for the...
India capable of sustaining economic growth of 9% for many years: Sanjeev Sanyal
India capable of sustaining economic growth of 9% for many years: Sanjeev Sanyal
Source: Accord Fintech
5/12/2022 10:39:13 AM
India will emerge as strongest major economy with 7% growth rate in FY23: Sanjeev Sanyal Expressing confidence over the country’s economic growth, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal has said that India will perhaps emerge as the strongest major economy with 7 per cent growth rate in FY23, amid fears of the world slipping into recession. He observed that India can grow at 9 per cent in an external conducive environment like in early 2000s when the global economy was growing. He added ‘We are clearly entering an environment wh...
India will emerge as strongest major economy with 7% growth rate in FY23: Sanjeev Sanyal
India will emerge as strongest major economy with 7% growth rate in FY23: Sanjeev Sanyal
Source: Accord Fintech
10/10/2022 10:15:54 AM
India's strategy of fiscal prudence has paid off while US and Europe's massive stimulus backfired While the US, UK and EU are facing a double whammy of unprecedented inflation and negative growth there is a school of thought which argues that India's prudent fiscal policy has paid off. Over 2022-23, India's growth will average 7 per cent, the strongest among the largest economies, contributing 28 per cent and 22 per cent to Asian and global growth, Morgan Stanley said in a report. India is best positioned within Asia to deliver domestic demand alpha. Its cyclical recovery wi...
India's strategy of fiscal prudence has paid off while US and Europe's massive stimulus backfired
India's strategy of fiscal prudence has paid off while US and Europe's massive stimulus backfired
Source: IANS
11/09/2022 11:25:34 AM
PM`s Economic Advisory Council releases `Competitiveness Roadmap For India@100` Prime Minister's Economic Advisory Council's (PMEAC) chairman Bibek Debroy on Tuesday released the 'Competitiveness Roadmap for India@100', a blueprint for the next 25 years for India leading to 2047, the 100th year of the country's Independence. The roadmap identifies measures to tap the vast potential of the nation, an official statement said. It lays down a roadmap of how India can boost its income and make the economy more resilient and sustainable in the next 25...
PM`s Economic Advisory Council releases `Competitiveness Roadmap For India@100`
PM`s Economic Advisory Council releases `Competitiveness Roadmap For India@100`
Source: IANS
30/08/2022 2:03:18 PM
Prime Minister Economic Advisory Council to release India`s competitive roadmap on August 30 The Economic Advisory Council to Prime Minister (EAC-PM) will release the Competitiveness Roadmap for India@100 on August 30. To be released in the presence of Council Chairman Bibek Debroy, G-20 Sherpa Amitabh Kant, and Council member Sanjeev Sanyal, the document is a guide for India to become a higher-income country by 2047. "It proposes policy goals, principles, and approaches to further drive India's economy in the direction of sustainability and resilience, embedded in soc...
Prime Minister Economic Advisory Council to release India`s competitive roadmap on August 30
Prime Minister Economic Advisory Council to release India`s competitive roadmap on August 30
Source: Reuters
26/08/2022 9:40:57 AM
Indian rupee at over 1-wk high on broad $ losses; bond yields slip The Indian rupee rose to its highest in more than a week on Monday afternoon tracking broad losses in the dollar, while bond yields edged down, mirroring the move in their U.S. counterpart ahead of the outcome of the U.S. Federal Reserve meeting. The U.S. Federal Reserve has signalled a 75 basis point rate hike at its July 26-27 meeting, although data last week showing inflation hit 9.1% year-on-year in June raised the possibility of a larger 100 bps hike later this year. India's pa...
Indian rupee at over 1-wk high on broad $ losses; bond yields slip
Indian rupee at over 1-wk high on broad $ losses; bond yields slip
Source: Reuters
25/07/2022 4:53:29 PM
Country’s internal market in a good position: Sanjeev Sanyal Member of the economic advisory council to the prime minister -- Sanjeev Sanyal has said that the country's internal market is in a good position and its macroeconomic stability is in a comfortable zone despite the ravage by the pandemic. He said that there has been an unprecedented crisis during the two-year-long pandemic and the Indian economy has emerged stronger after that. He mentioned ‘The policies adopted during the last two years have made the Indian economy emerge strong...
Country’s internal market in a good position: Sanjeev Sanyal
Country’s internal market in a good position: Sanjeev Sanyal
Source: Accord Fintech
20/06/2022 10:18:19 AM
Speed up in economic recovery can be seen: Sanjeev Sanyal Underlining a number of steps being taken by the government to address the rising inflation, Principal Economic Advisor to Government of India Sanjeev Sanyal has said that India has broadly come out of the turbulence that occured due to the COVID-19 pandemic. Sanyal said that a speed up in the economic recovery can be seen. On the economic recovery post-COVID-19 pandemic front, Sanyal also highlighted a number of steps taken by the government, saying that a lot of sectors, like tourism, wh...
Speed up in economic recovery can be seen: Sanjeev Sanyal
Speed up in economic recovery can be seen: Sanjeev Sanyal
Source: Accord Fintech
16/05/2022 1:39:30 PM
Need to monitor economic scenario with real time data: Sanjeev Sanyal As the economy tries to recover from the impact of second Covid-19 wave, the government's Principal Economic Advisor Sanjeev Sanyal has stressed on the need to monitor economic scenario with real time data. In his remarks at a webinar, he also said that quick response to the probable third wave and maintaining the pace of vaccination coverage would be major move towards supporting the economy. "Responding quickly to the third wave and making sure that the vaccination keeps happ...
Need to monitor economic scenario with real time data: Sanjeev Sanyal
Need to monitor economic scenario with real time data: Sanjeev Sanyal
Source: IANS
10/07/2021 9:41:14 AM
Assessing impact of the second COVID wave on the Indian economy By Sanjeev Sanyal, Ministry of Finance Below are Views On `Assessing impact of the second COVID wave on the Indian economy` By Mr. Sanjeev Sanyal - Principal Economic Advisor, Ministry of Finance We hosted Mr Sanjeev Sanyal for an interaction, where he shared his views on the ongoing developments in the economy and impact of the second COVID wave. He believes that the key monitorable would be impact on consumer demand and their overall spending psychology as a result of the shock felt, especially by the Indian middle class...
Assessing impact of the second COVID wave on the Indian economy By Sanjeev Sanyal, Ministry of Finance
Assessing impact of the second COVID wave on the Indian economy By Sanjeev Sanyal, Ministry of Finance
Source: Motilal Oswal Financial Services Ltd
4/06/2021 9:57:39 AM
Indian economy recovering faster than expected; need to keep growth momentum: Sanjeev Sanyal Principal economic advisor to the finance ministry Sanjeev Sanyal has said that Indian economy is recovering much faster than expected and the government will spend on building infrastructure rather than boosting consumer demand artificially. He also said the country needs to keep the growth momentum and it is the only means to create employment and reduce poverty. Sanyal has stated that the nominal GDP growth rate in the Union Budget for 2021-22 was projected at around 14 percent, which i...
Indian economy recovering faster than expected; need to keep growth momentum: Sanjeev Sanyal
Indian economy recovering faster than expected; need to keep growth momentum: Sanjeev Sanyal
Source: Accord Fintech
3/03/2021 11:32:43 AM