Krishnamurthy Subramanian News
Bankruptcy framework needs to be made more efficient for developing stressed asset market: CEA
Subramanian’s suggestion is particularly relevant for public sector banks, in which individual executives may shy away from timely and bold decisions about the worth of an asset fearing an enquiry into the wisdom of it at a later date by regulatory or investigating agencies
2 min read14 Oct 2020India will get back to high growth again, says CEA
Reforms done on the agriculture side, on labour, on privatization, all these will increase productivity and help in bringing back growth, says K. Subramanian, chief economic adviser
6 min read15 Sep 2020India’s fundamentals demand much better rating: CEA Krishnamurthy Subramanian
The finance ministry, Krishnamurthy Subramanian said, has evaluated pros and cons of options such as deficit monetisationIndia’s ability and willingness to repay debt is gold standard, Krishnamurthy Subramanian said making a case for ratings upgrade
1 min read11 Jun 2020Is India’s sovereign ratings downgrade risk higher than peers?
India has been far more stingy than most emerging market peers in its economic response to the covid-19 crisis, and that may harm rather than help its sovereign ratings
4 min read12 May 2020Indian banks are well capitalised, depositors need not worry: CEA Subramanian
’Our banks have way more capital, at 14.3%, which is about 80% greater than globally mandated norms,’ says SubramanianSubramanian’s comments come in the background of the crisis at the Yes Bank
1 min read8 Mar 2020Indian banks well capitalised, no reason to worry: CEA Krishnamurthy Subramanian
The CEA said that no banking sector experts or regulators use deposit/m-cap ratio as a measure to gauge resilience of banksKrishnamurthy Subramanian said that it is a wrong method to assess a lender’s health based on the ratio of deposit to m-cap (market capitalisation)
3 min read8 Mar 2020Coronavirus adds risk to India’s nascent recovery: Krishnamurthy Subramanian
There are some green shoots, but I would be cautiously optimistic, Krishnamurthy Subramanian, the chief economic adviser saidThe virus ’creates some uncertainty, especially in China, Subramanian said, adding that it’s difficult to quantify the impact of the epidemic
1 min read11 Feb 2020Economic Survey suggests promoting grassroots entrepreneurs
Creating wealth for everyone’s benefits among 10 new ideas for the Indian economyEntrepreneurship has been a recurring theme of the ruling Bharatiya Janata Party’s messaging lexicon
2 min read31 Jan 2020Thalinomics versus Dosanomics: a tale of two chief economic advisers
An average household that eats two vegetarian Thalis a day gained around ₹10,887 on averageThe price of a vegetarian thali increased last year after falling ‘significantly’ for five years
3 min read31 Jan 2020Two-third of budgeted capex achieved by the govt: CEA
CEA lists measures taken by the govt to boost demand, improve liquidityAs much as ₹4.47 tn was sanctioned to NBFCs and HFCs to support retail lending
2 min read13 Dec 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared