India is poised to surpass the position of the world's third-largest economy by 2030, with its gross domestic product expected to expand to $6.5-9 trillion, said Arvind Panagariya, the chairman of the 16th Finance Commission of India, on Thursday. Speaking at the Times Network India Economic Conclave 2024, Panagariya, former vice chairperson of NITI Aayog, said the Indian economy, despite …
The Narendra Modi government on Sunday appointed former NITI Aayog vice chairperson Arvind Panagariya as the new chairman of the Finance Commission, Reuters reported. Arvind Panagariya has been appointed as the new finance commission chairman Every five years, the Centre sets up a finance panel to suggest formula for the sharing of taxes between the union and state governments, and …
New Delhi: The Indian economy has recovered 'handsomely' from the pandemic-induced disruptions, former Niti Aayog Vice Chairman Arvind Panagariya said on Tuesday, while expressing hope that the recovery will be sustained and the growth rate of 7 to 8 per cent will be restored. While an advanced estimate by the Ministry of Statistics & Programme Implementation places India's GDP growth …
India's economy is on an "upswing" and the government's plans for increased spending comes in the backdrop of pro-growth reforms, former Niti Aayog Vice Chairman Arvind Panagariya said on Tuesday even as he opined that it might take longer to become a USD 5 trillion economy due to the coronavirus pandemic-induced disruptions. "At 0.4 per cent, the year-on-year growth in …
