C Rangarajan

  • Budget 2014: Directions set up and reiteration on the fiscal consolidation,says C Rangarajan July 10, 2014

    Former chairman of the Economic Advisory Council to the Prime Minister, C Rangarajan said that the directions set in the budget are appropriate and welcome. "I think the reiteration on the fiscal consolidation is particularly welcome but whether we will be able to get 4.1 per cent is not very...
  • Chhattisgarh among poorest states with over 40% BPL population: C Rangarajan panel July 9, 2014

    Chhattisgarh, Manipur, Odisha, Madhya Pradesh, Jharkhand, Bihar and Assam figure among the poorest states where over 40 per cent of people are below poverty line, according to the C Rangarajan panel. According to the report of the panel headed by former PMEAC Chairman C Rangarajan, 47.9 per cent people are poor...
  • India @ 9 with Bhupendra Chaubey July 7, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • Rs 27 vs Rs 32: Who really is an Indian poor? July 7, 2014

    The findings of the Rangarajan panel report on poverty estimates states that three out of 10 people in India are poor. The report has hiked the poverty limit to Rs 47 per day in cities, stating that people spending below that would be considered poor. The Rangarajan report also states...
  • News 360: Centre says price checks in place; Opposition stages walk out July 7, 2014

    Prices of food items are under control and there is no need for panic, the government declared on Monday in the Rajya Sabha which took up an impromptu discussion on inflation on the opening day of the Budget session after the opposition pressed for it. ...
  • Rangarajan panel on poverty says 3 out of 10 people in India are poor July 7, 2014

    The findings of the Rangarajan panel report on poverty estimates states that three out of 10 people in India are poor. The report has hiked the poverty limit to Rs 47 per day in cities, stating that people spending below that would be considered poor. The Tendulkar committee report had...
  • Rangarajan defends his committee's report on poverty figures July 7, 2014

    New Delhi: C Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, under attack from various political parties over his revised poverty figures, has defended his committee's report. Speaking to Network18, Rangarajan said that results brought forth by the panel were based on the estimates given by the National...
  • Full text: Rangarajan committee report on poverty estimates July 7, 2014

    New Delhi: The findings of the Rangarajan panel report on poverty estimates states that three out of 10 people in India are poor. The report has hiked the poverty limit to Rs 47 per day in cities, stating that people spending below that would be considered poor. The Tendulkar committee...
  • Rangarajan says 5.2 per cent growth in Q4 achievable March 14, 2014

    The economy can grow an annual 5.2 percent in the quarter to end-March on higher farm output growth, the chairman of the Prime Minister's Economic Advisory Council said on Friday. C Rangarajan also said he expects the economic growth to pick up to 5.5-6 per cent in the fiscal year that...
  • Delays in project completion hampering growth, says C Rangarajan January 10, 2014

    Concerned over declining growth rate, Prime Minister's key economic advisor on today called for faster implementation of large projects to spur investments. "Economic growth has in fact declined much more steeply than what is warranted by the decline in investment. This might be because projects have not been completed in time...
  • More effort needed to reduce government subsidies, says C Rangarajan December 26, 2013

    More efforts are required to reduce the subsidy and government needs to set an overall quantity for it, prioritising the areas that need greater focus, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan has said. He also said that India will be able to contain the fiscal deficit at 4.8...
  • Inflation may ease to 6.5 per cent in December, says C Rangarajan December 22, 2013

    A fall in vegetable prices is likely to ease headline inflation and retail inflation to 6.5 per cent and 9.20 per cent respectively in December, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan said on Sunday. "Some of the things that have really pushed up inflation are vegetables like onion...
  • No reversal on gas price hikes; notification soon, says Veerappa Moily November 26, 2013

    Oil Minister M Veerappa Moily on Tuesday ruled out reversal of the decision to double natural gas prices from April 1 next year and said that the notification on this will be issued shortly. "Absolutely, there is no question of reversing the decision to hike natural gas prices, as proposed by...
  • Economy to grow distinctly better in second half, says C Rangarajan November 13, 2013

    India will see "distinctly better" economic growth in the second half of the current fiscal on improvement in manufacturing and good monsoon this season, PMEAC Chairman C Rangarajan said on Wednesday while attending a seminar organised by CII on Financial Inclusion for Reviving Growth. "I think it (growth) will happen. For the...
  • Food inflation to ease soon, says economist Rangarajan September 16, 2013

    Indian economist C Rangarajan has said that inflation can ease soon as rupee has stabilized and important commodities in terms of rupee will also come down. ...
  • Raghuram Rajan: RBI's new face is also its hottest September 17, 2013

    New Delhi: 'Y is every1 going ga ga abt RBI gov Raghuram Rajan? Me thinks he looks a bit wily! N I mean it in a sweeeet nice way! Wink wink :)' reads a post which was put up on Twitter today. The fact that people continue to take to...
  • Excessive regulation can impede financial innovation, says C Rangarajan September 16, 2013

    Pitching for a non-restrictive regulation in the financial sector, Prime Minister's key economic advisor C Rangarajan said on Monday that too many norms can impede financial innovations. "Too little regulation may encourage financial instability, but too much of it can impede financial innovations which are badly needed," he said at the...
  • Inflation rises to 6.1 per cent in August versus 5.79 per cent in July September 16, 2013

    New Delhi: The inflation figures for August have risen to 6.1 per cent in August as compared to 5.79 in July. The figures for Food Articles Inflation are 18.18 per cent versus 11.91 per cent (MoM), the Primary Articles Inflation is 11.72 per cent versus 8.99 per cent (MoM) and...
  • Gold imports seen at $38 billion to $40 billion in FY14: Rangarajan September 13, 2013

    New Delhi: Gold imports are likely to be around $38 billion to $40 billion in the current fiscal year to March 31, 2014, C Rangarajan, the economic adviser to the prime minister, said on Friday. That would be down from last fiscal year's $53.8 billion in imports, which helped push India's...
  • RBI to keep monetary policy tight till rupee stabilises: C Rangarajan September 13, 2013

    The Reserve Bank must continue its tight monetary policy until stability in the rupee value is achieved, Prime Minister's key economic advisor C Rangarajan said. "The current stance of monetary policy has to continue until stability in the rupee is achieved. Thereafter, if the current trend in the moderation of wholesale...
  • There is no case for India's rating dowgrade, says PM's economic advisor September 13, 2013

    Government has already taken a host of reform measures and there is no case for any downgrade of India's sovereign rating by global agencies, Prime Minister's key economic advisor C Rangarajan said on Friday. "The rating agencies have been talking about the reforms having been put on the back burner. But...
  • PMEAC projects 5.3 per cent growth in 2013-14 September 13, 2013

    New Delhi: Prime Minister's key economic advisor C Rangarajan Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures including further liberalisation of FDI norms to improve economic condition. "Economy will grow at 5.3 per cent...
  • Poverty ratio declines to 21.9 per cent in the country in 2011-12 July 24, 2013

    New Delhi: Poverty ratio in the country has declined from 37.2 per cent in 2004-05 to 21.9 per cent in 2011-12 on account of increase in per capita consumption, the Planning Commission said. According to the Commission, in 2011-12 for rural areas, the national poverty line by using the...
  • Govt approves near doubling of natural gas price from April 2014 June 27, 2013

    New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved gas price hike from April 2014, a move which will result in rise in power tariff, urea cost and CNG prices. The CCEA which approved Rangarajan formula for gas pricing will be valid for five years. Gas prices will...
  • Cabinet to consider natural gas price hike on Friday June 20, 2013

    New Delhi: A proposal for across-the-board hike in natural gas prices will go before the Cabinet tomorrow after key ministries of finance and fertiliser have endorsed the plan to raise the rates by 60 per cent. While the Oil Ministry on Wednesday moved a note for...
  • Budget measures will help in 6.5 pc economic growth: Rangarajan February 28, 2013

    New Delhi: Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan on Thursday said all the measures proposed in the Budget for 2013-14 taken together will help the country register a growth of 6.5 per cent in the next fiscal year. "I welcome the budget...I believe that all of this measures...
  • More interest rate cuts possible, says C Rangarajan January 29, 2013

    New Delhi: The Reserve Bank of India could make more cuts to the repo rate if inflation remains on projected lines, the Prime Minister's economic adviser C Rangarajan said on Tuesday. The central bank reduced its policy interest rate by a widely expected 25 basis points on Tuesday. The bank took...
  • November inflation figures fall to 7.24 per cent December 14, 2012

    New Delhi: Inflation eased in the month of November and declined to 7.24 per cent from 7.46 per cent in the previous month and 9.46 per cent in November, 2011. Reserve Bank of India (RBI) Governor C Rangarajan while announcing the figure said, "I do not think economy can bear...
  • Time for debate on inheritance tax: Chidambaram November 8, 2012

    New Delhi: In order to deal with the issue of accumulation of wealth, Finance Minister P Chidambaram on Thursday said the time has come for a debate on imposition of inheritance tax. "Sometimes I doubt whether we have taken moderation (in tax rates) too far. Have we paid little attention to...
  • Rangarajan recommends lifting curbs on sugar sector October 12, 2012

    Mumbai: An expert panel, headed by PMEAC chairman C Rangarajan, has suggested giving freedom to millers to sell sugar in the open market among other recommendations. It has also recommended scrapping state-declared cane prices. The committee, in a press conference on Friday, has also suggested abolition of levy sugar system,...