SURJIT BHALLA
A likely Modi 3.0 might just give Indian economy what it wanted for so long
India's chances of soverign rating upgrade is likely high. Exit polls predict Narendra Modi's BJP-led NDA will secure a third term with a significant majority. The NDA is expected to surpass its 2019 tally, easing concerns about replicating previous success. This likely continuity boosts economic confidence, with S&P upgrading India's outlook to "positive" and fiscal indicators showing robust growth and reduced deficit.
Record job creation under Modi government: Economist Surjit Bhalla
Former India's executive director at IMF Surjit Bhalla, a former member of the Economic Advisory Council to the Prime Minister (EAC-PM), asserted that the maximum number of jobs were created during the tenure of Atal Bihari Vajpayee and Modi.
Decoding Bharat’s Economy: Raghuram Rajan & Surjit Bhalla debate data quality in India
Data is the new oil. Economists, leaders and policymakers, they all agree that data forms the foundation when formulating major schemes and taking important decisions. Having agreed and disagreed on a host of issues in the previous two videos, our panelists Raghur...
India’s policies subject to whims & fancies? Raghuram Rajan, Surjit Bhalla weigh in on why foreign investment is down
India's status as the fastest-growing major economy is undermined by inconsistent policies, hindering foreign investment flow, according to economists Raghuram Rajan and Surjit Bhalla. Despite recent attraction to global investors, policy uncertainty, high taxes, and erratic tariff changes deter sustained investment. Rajan emphasised the need for predictability and ease of doing business.
Decoding Bharat's Economy: Raghuram Rajan and Surjit Bhalla on India's GDP, inflation and wealth creators
Ahead of the Lok Sabha elections, ET Online's Anand JC catches up with Former Reserve Bank of India Governor Raghuram Rajan and policy veteran Surjit Bhalla, who was a part of Prime Minister Narendra Modi's Economic Advisory Council to understan...
Decoding Bharat's Economy: Raghuram Rajan and Surjit Bhalla on manufacturing, Revdi culture and foreign investment
Making India a manufacturing hub has been the dream of many who led India. In recent decades, India has also been increasingly seen as an attractive investment destination. But how dire, or how good is the situation in India currently f...
- Go To Page 1
Tax collection in India one of the highest, reduce direct tax to 25 pc from 40 pc: Surjit Bhalla
"We are a much more globalised economy in the world and the world is a lot more globalised. If you look at the overall tax rate structure in India, collection of taxes is one of the highest in the world and we are not the richest economy of the world," Bhalla said. He said that tax collection by state, Centre and local bodies is around 19 per cent of India's GDP.
Rural economy has been a big facilitator of overall growth: Surjit Bhalla
Yes, you see, first the demographic dividend is a phrase often used and more often misused. The demographic dividend has to do with not just the fact that you have a young labour force, which we do, but also now that you have a much more educated labour force than you did, not only before, but even in a comparative sense now.
Government appoints Former CEA K Subramanian as Executive Director for India at IMF
The Appointments Committee of the Cabinet (ACC), headed by Prime Minister Narendra Modi, approved the appointment of Subramanian for a period of three years w.e.f 01.11.2022 or until further orders, whichever is earlier, the order said. Subramanian stepped down as the CEA following completion of his three-year tenure in October last year.
Political environment is very conducive for reforms now: Surjit Bhalla
One of our major recommendations was a cut in corporate tax and that has already happened.
Panel in favour of India joining RCEP
A high-level advisory group has batted strongly for India joining the proposed RCEP agreement. The group has said it would not be sensible for India to raise tariffs when the US and China are locked in a trade war.
High-level advisory suggests panel for easier entry to foreign investors
An advisory group has put forth simpler regulatory and tax framework for overseas investment funds.
Government appoints economist Surjit S Bhalla as Executive Director for India at IMF
His appointment has been cleared by the Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi.
Suggestions of high level group on exports needs to be implemented: Economic Survey
A high level panel group, chaired by Surjit Bhalla, has recommended a host of measures and a road map for doubling India's exports.
Next govt should abolish MSP in 3 years, cut corporate tax by 5 per cent: Economist Surjit Bhalla
The former Economic Advisory Council to the Prime Minister (EAC-PM) member also said India is unlikely to fall in the middle income trap.
Eminent economist Surjit Bhalla resigns from EAC-PM
"I resigned as part-time member of PMEAC on December 1," Bhalla said on social networking site Twitter.
Modi government tenure best years of economy: Surjit Bhalla, EAC-PM member
On reforms, the eminent economist said the government should consider income transfer instead of higher minimum support price (MSP) and loan waivers.
Chorus of dissent against budget grows: Chidambaram
In a series of tweets, the former finance minister cited criticism of aspects of the budget by Arvind Panagariya, Rathin Roy, Surjit Bhalla and others.
Budget 2018: Hope higher tariffs are 'temporary phenomenon', says Rajiv Kumar
Niti chief Rajiv Kumar urged members of EAC-PM to inform Prime Minister Narendra Modi about their worries about the Budget.
Sebi slaps fine on PMS owned by Surjit Bhalla
Incidentally, Bhalla is one of the members of the PM’s Economic Advisory Council.
Economic Advisory Council discusses employment, growth
The statement further said Rathin Roy and Surjit Bhalla, both part time members of the council, presented an update on the Economy Track Monitor.
PM Narendra Modi’s Economic Advisory Council to hold first meeting today
Key issues expected to come up for discussion include ways to boost consumer demand, attract private investments and measures to incentivise job creation in the country.
Demonetisation is not a radical change, says Swaminathan S Anklesaria Aiyar
His book, 'From PV Narasimha Rao to Narendra Modi: 25 years of Swaminomics', is a compilation of his columns over the years.
New methodology to estimate number of poor soon
A task-force headed by NITI Aayog Vice-Chairman Arvind Panagariya will soon come up with a new methodology to estimate the number of poor in the country.
Economists not very optimistic about growth in 2014-15
Gokarn, who is currently head of Director of research Brookings India, said food inflation has been there over 10 per cent for last six years.
ZyFin estimates July GDP growth at 4.4%
India's economy in July is expected to expand by 4.4 per cent, year-on-year, analytics firm ZyFin Research said today.
Business climate improves in April, growth to pick-up by Q2
Business climate has improved in April on factors such as rising production of intermediate goods, including aluminium and iron, and the government's reform initiatives.
Biz climate improves in Mar; growth to pick-up by Q2
Business climate in the country improved in March on factors such as rising production of intermediate goods and the government's reform initiatives
Load More
