The Central government has appointed noted economist and well-known advocate of free markets, Arvind Panagariya, as the chairman of the 16th Finance Commission. While it is important to ensure that each citizen gets financial support from the Central government, another argument is that any further increase would serve as a disincentive to state governments in taking sound financial decisions. Currently, …
India currently has FTAs with over dozen countries including Japan, South Korea, Singapore and ASEAN nations. New Delhi: Former Niti Aayog vice chairman Arvind Panagariya said Friday India could explore the possibility of a free trade agreement with the US in the services sector. He said it may be difficult to have an FTA with the US in goods but …
Arvind Panagariya said the scheme is difficult to implement and unlikely to achieve its intended objective New Delhi: Former NITI Aayog vice chairman Arvind Panagariya has said the implementation of the Congress Party’s ambitious Nyay scheme not only poses a “fiscal challenge” to India’s economy but also has a “serious incentive problem”. Congress President Rahul Gandhi on 26 March said …
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