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News of Mehta’s exit broke on Thursday (he resigned on March 15) and caused a stir among students, faculty, and the larger academic community in India and overseas.(File photo)

Ashoka University students begin class boycott, demand changes

By Kainat Sarfaraz, New Delhi
UPDATED ON MAR 23, 2021 04:48 AM IST
While the students boycotted most of the classes during the day, nearly 900 students attended a scheduled class by Pratap Bhanu Mehta and discussed Karl Marx and his celebrated work Das Kapital.
Pratap Bhanu Mehta (extreme right) and Arvind Subramanian (extreme left) resigned from Ashoka University recently.(Sanjeev Verma/Hindiustan Times File Photo)
Pratap Bhanu Mehta (extreme right) and Arvind Subramanian (extreme left) resigned from Ashoka University recently.(Sanjeev Verma/Hindiustan Times File Photo)

Lapses in institutional processes over resignation of faculty: Ashoka varsity

PTI | , New Delhi
PUBLISHED ON MAR 21, 2021 01:11 PM IST
Ashoka University acknowledges lapses in institutional processes over resignations of political commentator Pratap Bhanu Mehta and noted economist Arvind Subramanian from its faculty.
Pratap Bhanu Mehta (extreme right) and Arvind Subramanian (extreme left) resigned from Ashoka University recently.(Sanjeev Verma/Hindiustan Times File Photo)
Pratap Bhanu Mehta (extreme right) and Arvind Subramanian (extreme left) resigned from Ashoka University recently.(Sanjeev Verma/Hindiustan Times File Photo)

Ashoka students seek return of professors

By HT Correspondent, Hindustan Times, New Delhi
UPDATED ON MAR 21, 2021 12:29 AM IST
Academics write open letter, term Mehta’s exit ‘dangerous attack on academic freedom’
Pratap Bhanu Mehta (extreme right) and Arvind Subramanian (extreme left) resigned from Ashoka University recently.(Sanjeev Verma/Hindiustan Times File Photo)
Pratap Bhanu Mehta (extreme right) and Arvind Subramanian (extreme left) resigned from Ashoka University recently.(Sanjeev Verma/Hindiustan Times File Photo)

Varsity students plan two-day class boycott

By HT Correspondent, Hindustan Times, New Delhi
PUBLISHED ON MAR 20, 2021 11:52 PM IST
  • 150 academics write to varsity, term Mehta’s exit ‘dangerous attack on academic freedom’.
Arvind Subramanian.(REUTERS)
Arvind Subramanian.(REUTERS)

Arvind Subramanian resigns as professor of Ashoka University

PTI | , New Delhi
PUBLISHED ON MAR 19, 2021 10:04 AM IST
Arvind Subramanian resigns as professor of Ashoka University after Mehta; students, faculty stage protest
Arvind Subramanian, former chief economic advisor, had joined Ashoka University as a professor in the Department of Economics in July 2020.(Mohd Zakir/HT file photo)
Arvind Subramanian, former chief economic advisor, had joined Ashoka University as a professor in the Department of Economics in July 2020.(Mohd Zakir/HT file photo)

Arvind Subramanian resigns as professor from Ashoka University

PTI |
PUBLISHED ON MAR 18, 2021 05:11 PM IST
Eminent economist Arvind Subramanian has resigned as professor from Ashoka University, two days after noted political commentator Pratap Bhanu Mehta's exit from the institution.
(HT photo)
(HT photo)

How the economy fared: the masses felt the brunt of Covid-19

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON DEC 30, 2020 05:36 AM IST
Whether the pandemic will unleash a radical realignment of productive resources and lead to growth, or cause a further squeeze on the already hit underclass remains to be seen.

Podcast: Former CEA Arvind Subramanian on India’s Economic Response to the Covid-19 crisis

By Hindustan Times
UPDATED ON MAY 06, 2020 07:38 AM IST
After a six-week nationwide lockdown in the wake of the COVID-19 pandemic, on May 3rd the Indian government commenced a calibrated relaxation of this unprecedented shutdown.
Former Chief Economic Adviser Arvind Subramanian(Mohd Zakir/HT file photo)
Former Chief Economic Adviser Arvind Subramanian(Mohd Zakir/HT file photo)

Economy facing ‘Great Slowdown’, headed to ICU: NDA govt’s 1st CEA Subramanian

New Delhi | By Press Trust of India
UPDATED ON AUG 08, 2020 04:52 PM IST
Subramanian, who was Modi government’s first chief economic adviser but quit in August last year, in new paper said India is facing a “Four Balance Sheet” challenge -- comprising banks, infrastructure, plus NBFCs and real estate companies -- and is trapped in an adverse interest growth dynamic.
Rajan said “a fresh set of reforms” are now needed to boost the economy and growth rate.(Photo: Pradeep Gaur/ Mint)
Rajan said “a fresh set of reforms” are now needed to boost the economy and growth rate.(Photo: Pradeep Gaur/ Mint)

Raghuram Rajan terms economic slowdown very worrisome, new set of reforms needed

New Delhi | By Press Trust of India
UPDATED ON JUN 17, 2020 08:24 AM IST
Rajan, who was Governor of the Reserve Bank of India from 2013 to 2016 but was denied a second term, also called for a fresh look at the way GDP in India is calculated as he referred to research by Narendra Modi government’s former chief economist Arvind Subramanian about overestimation of growth rate.
A section of academics and commentators, including a former chief economic advisor to the Narendra Modi government, think that the economy is doing worse than what the official statistics tell us.
A section of academics and commentators, including a former chief economic advisor to the Narendra Modi government, think that the economy is doing worse than what the official statistics tell us.

Opinion | A demand-side view of the current economic slowdown

UPDATED ON JUL 07, 2019 12:25 PM IST
Key to successful economic transformation lies in having a holistic picture about the challenges facing the economy and then synchronising specific policy responses with the right opportunities for making these interventions
Subramanian was the CEA in the finance ministry for nearly four years from October 2014.(Ramesh Pathania/ File Photo)
Subramanian was the CEA in the finance ministry for nearly four years from October 2014.(Ramesh Pathania/ File Photo)

GDP issue: Ex-CEA cherry-picked data for growth paper, says PM’s council

Hindustan Times, New Delhi | By Gireesh Chandra Prasad
UPDATED ON JUN 19, 2019 11:50 PM IST
In a research paper, Subramanian, who stepped down last year, said India’s economic growth rate has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17.
The Economic Advisory Council said will examine in detail the estimates made in Arvind Subramanian’s paper.(HT photo)
The Economic Advisory Council said will examine in detail the estimates made in Arvind Subramanian’s paper.(HT photo)

PM advisory body’s caustic rebuttal on GDP rate row, says more coming

New Delhi | By HT Correspondent
UPDATED ON JUN 12, 2019 05:32 PM IST
Subramanian, in a paper, said India’s economic growth rate has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17 due to a change in methodology.
The government on Tuesday rebutted former Chief Economic Adviser Arvind Subramanian’s contentions regarding over-estimation of the GDP data.(HT File Photo)
The government on Tuesday rebutted former Chief Economic Adviser Arvind Subramanian’s contentions regarding over-estimation of the GDP data.(HT File Photo)

Government rejects ex-CEA’s contention on GDP; says right methodology followed

New Delhi | By Indo Asian News Service
PUBLISHED ON JUN 11, 2019 10:08 PM IST
The ministry said the Base Year of the GDP Series was revised from 2004-05 to 2011-12 and released on January 30, 2015 after adaptation of the sources and methods in line with the SNA 2008.
India’s statistics may have been painting a far rosier picture of economic growth than the more modest reality of the past decade.(Reuters Photo)
India’s statistics may have been painting a far rosier picture of economic growth than the more modest reality of the past decade.(Reuters Photo)

India, world’s fastest-growing economy, may not be so fast after all

Bloomberg | By Ronojoy Mazumdar
UPDATED ON JUN 11, 2019 01:53 PM IST
The nation has held the crown of the world’s fastest-growing major economy until recently, but a new study by former Chief Economic Adviser Arvind Subramanian says the expansion was overestimated between 2011 and 2017.
Niti Aayog vice-chairman Rajiv Kumar has stressed on the revamp and modernisation of the Indian statistical system so that real-time data is captured and used for policy analysis.(Vipin Kumar/HT PHOTO)
Niti Aayog vice-chairman Rajiv Kumar has stressed on the revamp and modernisation of the Indian statistical system so that real-time data is captured and used for policy analysis.(Vipin Kumar/HT PHOTO)

‘Indian statistical system needs to be revamped, modernised’: Niti Aayog

New Delhi | By Press Trust of India
UPDATED ON MAY 26, 2019 03:34 PM IST
Recently, several experts including former RBI Governor Raghuram Rajan and former chief economic advisor Arvind Subramanian had expressed doubts over India’s revised economic growth data.
Finance Minister Piyush Goyal presenting Budget 2019 in Parliament(Photo:ANI)
Finance Minister Piyush Goyal presenting Budget 2019 in Parliament(Photo:ANI)

Budget 2019: Assured income of Rs 6000 for farmers announced

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 01, 2019 02:15 PM IST
Rs 75,000 crore has been earmarked for PM Kisaan scheme, which will be implemented with retrospective effect from December 2018.
On Tuesday, Congress president Rahul Gandhi put the idea on the forefront of the political agenda by promising a minimum income guarantee to the poor.(PTI)
On Tuesday, Congress president Rahul Gandhi put the idea on the forefront of the political agenda by promising a minimum income guarantee to the poor.(PTI)

Universal basic income idea gains political traction

Hindustan Times, New Delhi | By Zia Haq
UPDATED ON JAN 30, 2019 08:24 AM IST
A particular version of universal basic income (UBI), a welfare benefit that guarantees a certain threshold sum of money for everyone regardless of whether they work or not, is the next big political-economy idea fast catching up in India.
On the recent spate of farm loan waivers, Jaitley said states can do so if they have the capacity while remaining mindful of their mandated fiscal deficit ceiling of 3% of state GDP.(PTI Photo)
On the recent spate of farm loan waivers, Jaitley said states can do so if they have the capacity while remaining mindful of their mandated fiscal deficit ceiling of 3% of state GDP.(PTI Photo)

Arun Jaitley says government will meet fiscal targets, not eyeing RBI funds

Hindustan Times, New Delhi | By Asit Ranjan Mishra
UPDATED ON DEC 19, 2018 08:15 AM IST
Finance minister Arun Jaitley expressed confidence that the government will meet its fiscal deficit target for the year to March 31 without dipping into the central bank’s reserves, which he said could be used for recapitalising state-run banks or for public welfare.
Former chief economic adviser Arvind Subramanian on Sunday warned the Indian economy was in for a slowdown for some time as agriculture and financial system were under stress.(HT File Photo)
Former chief economic adviser Arvind Subramanian on Sunday warned the Indian economy was in for a slowdown for some time as agriculture and financial system were under stress.(HT File Photo)

India should brace itself for economic slowdown for some time: Arvind Subramanian

New Delhi | By Press Trust of India
PUBLISHED ON DEC 10, 2018 01:09 PM IST
He also said that GST design could have been much better and there should not be more than three rates going forward.
India's Former chief economic advisor Arvind Subramanian who quit the post earlier this year after a four-year tenure.(REUTERS)
India's Former chief economic advisor Arvind Subramanian who quit the post earlier this year after a four-year tenure.(REUTERS)

Govt’s ex-economic adviser says notes ban was draconian, monetary shock

New Delhi | By Indo Asian News Service
UPDATED ON NOV 29, 2018 12:19 PM IST
The former CEA says he does not think anyone disputes that demonetisation slowed growth. Rather, the debate has been about the size of the effect -- whether it was 2 per cent points, or much less.
Arvind Subramanian says his move to quit from the CEA’s post was a completely personal decision.(HT Photo)
Arvind Subramanian says his move to quit from the CEA’s post was a completely personal decision.(HT Photo)

No magic wand to solve India’s jobs crisis, says Arvind Subramanian

Hindustan Times, New Delhi | By Prashant Jha
UPDATED ON JUN 21, 2018 12:19 PM IST
Subramanian says due to less suitable global economic scene, reaching double-digit growth will need more hard work
Congress party president Rahul Gandh.(AP)
Congress party president Rahul Gandh.(AP)

Brightest fleeing ‘sinking ship’ steered by RSS: Rahul Gandhi on Arvind Subramanian exit

Press Trust of India, New Delhi | By HT Correspondent
UPDATED ON JUN 20, 2018 09:56 PM IST
Rahul Gandhi’s statement came after Union Minister Arun Jaitley announced that Chief Economic Advisor Arvind Subramanian was leaving the Finance Ministry.
Subramanian joined as the Chief Economic Adviser on October 16, 2014 for a period of three years, which was later extended.(PTI File Photo)
Subramanian joined as the Chief Economic Adviser on October 16, 2014 for a period of three years, which was later extended.(PTI File Photo)

Chief economic adviser Arvind Subramanian resigns, thanks ‘dream boss’ Jaitley

Hindustan Times | By HT Correspondent, New Delhi
UPDATED ON JUN 20, 2018 09:54 PM IST
Union minister Arun Jaitley made the announcement about the chief economic adviser’s resignation in a Facebook post saying that Arvind Subramanian would like to return to the US for personal reasons.
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