Washington: After the furore over his remarks to a think tank, Chief Economic Advisor Kaushik Basu feels India will see "some important" reforms in the next six months, including on subsidies and may be partial diesel decontrol and FDI in retail. However, he feels the "biggest reform" GST (Goods and Services Tax) may be tougher because it is good and not everybody wants it to happen under the present regime....
03:08 PM, Apr 22, 2012
Kolkata: The recent deflation in food prices is expected to continue for the next few weeks, following which a scenario of low inflation in food prices will be witnessed from February, Chief Economic Advisor Kaushik Basu said on Saturday. "The deflation in food prices could continue for a couple of weeks and in February, we will see low inflation," Basu said on the sidelines of the Amlan Dutta Memorial Lecture...09:59 PM, Jan 07, 2012
New Delhi: Chief Economic Advisor Kaushik Basu on Tuesday said the sharp rise in interest rates by RBI was unexpected, but the difficult decision was needed to rein in inflation which is nearing double digit. He said both the Government as well as RBI are working together to check inflation. "We (Ministry of Finance and RBI) are trying to make synchronised move," Basu said, when asked whether the government was...10:27 PM, Jul 26, 2011
Summers was said to have earned $2.7 mn (over Rs 13.5 crore) in speech fees. ...07:19 AM, Apr 06, 2009
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