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economic advisory council

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India’s unemployment crisis is worrying, writes Karan Thapar

The labour force participation rate — the number of people looking for jobs — is simultaneously shrinking. In 2016, it was 47-48%. Today, it’s 43%. So while the number of people unable to find jobs has grown, the number seeking them has fallen. That is not good news
While the number of people unable to find jobs has grown, the number seeking them has fallen(REUTERS)
While the number of people unable to find jobs has grown, the number seeking them has fallen(REUTERS)
Updated on Nov 16, 2019 07:55 PM IST
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Watch | What explains the Indian economic slowdown, and what lies ahead

India’s GDP growth slowed to 5% in the first quarter of the fiscal year. There are reports of a dip in consumption across sectors. The government has taken corrective measures in recent weeks, including the radical step of slashing corporate taxes.
Published on Sep 30, 2019 10:20 AM IST
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Hindustan Times | ByHindustan Times

Reconsider sovereign external borrowing

Any such decision will not be seen as a sign of political weakness, but a rational decision to heed to wise counsel within the country. It is in our best interests to continue avoiding riskier forms of engagement with the global economy
Finance minister, Nirmala Sitharaman, announced during the budget earlier this month that the government will consider sovereign external borrowing for raising capital.The biggest risk is that such borrowings have an in-built unpredictability because of foreign exchange movements(REUTERS)
Finance minister, Nirmala Sitharaman, announced during the budget earlier this month that the government will consider sovereign external borrowing for raising capital.The biggest risk is that such borrowings have an in-built unpredictability because of foreign exchange movements(REUTERS)
Updated on Jul 25, 2019 08:09 PM IST
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Hindustan Times | ByHT Correspondent

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

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
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.
Updated on Jul 07, 2019 12:25 PM IST
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PM advisory body’s caustic rebuttal on GDP rate row, says more coming

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 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)
Updated on Jun 12, 2019 05:32 PM IST
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New Delhi | ByHT Correspondent

Pakistan PM Imran Khan’s remark on minorities an insult: Government

Addressing a ceremony, Khan said his government would ensure equal status and rights to minorities in Pakistan, and would not allow them to be treated as “second class citizens” like minorities of India.
India on Saturday rejected Pakistan Prime Minister Imran Khan’s remarks that members of Indian minorities are treated like “second class citizens”, saying they were an “egregious insult” to all Indians.(AP)
India on Saturday rejected Pakistan Prime Minister Imran Khan’s remarks that members of Indian minorities are treated like “second class citizens”, saying they were an “egregious insult” to all Indians.(AP)
Published on Feb 09, 2019 11:37 PM IST
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New Delhi | ByHT Correspondent

2019 Budget Reactions: New report will show ‘substantial increase in jobs’, says PM Modi’s economic advisor Bibek Debroy

2019 Budget Reactions: Prime Minister’s Economic Advisory Council (PMEAC) Bibek Debroy spoke about the steps taken by the government for employment and jobs creation in a video posted by defence minister Nirmala Sitharaman on her Facebook page.
The Narendra Modi-led government is pushing self-employment and entrepreneurship through its programmes, chairperson of Prime Minister’s Economic Advisory Council (PMEAC) Bibek Debroy has said.(Pradeep Gaur/Mint)
The Narendra Modi-led government is pushing self-employment and entrepreneurship through its programmes, chairperson of Prime Minister’s Economic Advisory Council (PMEAC) Bibek Debroy has said.(Pradeep Gaur/Mint)
Updated on Feb 01, 2019 02:34 PM IST
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Hindustan times, New Delhi | ByHT Correspondent

‘Address farm sector challenges, create jobs’: PM advisory panel to government

The council’s advice came at a time when the Bharatiya Janata Party-led central government is under tremendous political pressure to take some concrete steps to ease the debt burdens of small and marginal farmers in the light of the 2019 general elections.
The government must continue its emphasis on social sector interventions, an official statement issued by the council said.(HT Photo)
The government must continue its emphasis on social sector interventions, an official statement issued by the council said.(HT Photo)
Updated on Jan 25, 2019 11:53 PM IST
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Hindustan Times, New Delhi | ByRajeev Jayaswal

India’s growth to remain in 7-7.5% range in next few years: PM advisory panel

The growth rate can be easily increased by 1 per cent by addressing structural problems through reforms, the council observed during its meeting Friday.
A labourer works at the construction of a residential complex at Noida.(REUTERS)
A labourer works at the construction of a residential complex at Noida.(REUTERS)
Updated on Jan 25, 2019 05:54 PM IST
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Press Trust of India | ByPress Trust of India

Why the farmer suicide debate is counter-productive to understanding India’s agrarian crisis?

In the discourse on agriculture, for instance, farmer suicides are cited as the biggest proof of the agrarian crisis in the country by a large section.
In the discourse on agriculture, fo farmer suicides are cited as the biggest proof of the agrarian crisis in the country by a large section(AFP)
In the discourse on agriculture, fo farmer suicides are cited as the biggest proof of the agrarian crisis in the country by a large section(AFP)
Updated on Dec 27, 2018 07:46 AM IST
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New Delhi | ByRoshan Kishore

Day after RBI governer Urjit Patel’s exit, economist Surjit Bhalla announces resignation from EAC-PM

Eminent economist and columnist Surjit Bhalla said that he had resigned as part-time member of Economic Advisory Council to the Prime Minister.
Eminent economist and columnist Surjit Bhalla.(PTI)
Eminent economist and columnist Surjit Bhalla.(PTI)
Updated on Dec 11, 2018 10:23 AM IST
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New Delhi | ByHT Correspondent

Ban cheese imports? Pakistan discusses out-of-the-box ideas to avoid IMF bailout

The Economic Advisory Council held its first session last week, chaired by finance minister Asad Umar, who took office last month.
Pakistani economic advisors discussed banning imports of luxury cars, smartphones and cheese in a wide-ranging strategy session on how to avoid seeking a bailout from the International Monetary Fund (IMF), a senior government advisor said.(Reuters File Photo)
Pakistani economic advisors discussed banning imports of luxury cars, smartphones and cheese in a wide-ranging strategy session on how to avoid seeking a bailout from the International Monetary Fund (IMF), a senior government advisor said.(Reuters File Photo)
Updated on Sep 10, 2018 09:37 AM IST
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Islamabad | ByReuters

Another economist resigns from Pakistan advisory council over exclusion of Ahmadi scholar

London-based economist Imran Rasul has become the second member of the new Pakistan government’s Economic Advisory Council (EAC) to resign in protest against the exclusion of noted US-based academic Atif R Mian
Pakistani Islamists protest against an appointment of a minority Ahmadi Muslim as an adviser to the government, in Lahore, Pakistan, Friday, Sept. 7, 2018.(AP)
Pakistani Islamists protest against an appointment of a minority Ahmadi Muslim as an adviser to the government, in Lahore, Pakistan, Friday, Sept. 7, 2018.(AP)
Updated on Sep 08, 2018 11:43 PM IST
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Hindustan Times, Islamabad | ByImtiaz Ahmad

PM Imran Khan ropes in foreign experts to rebuild Pakistan’s debt-ridden economy

Pakistan’s current account deficit stands at USD 18 billion, while its foreign currency reserves are just over USD 10 billion, enough to cover two months of imports
In this photo released by the Press Information Department, Pakistani Prime Minister Imran Khan, center, attends a briefing at the Foreign Ministry in Islamabad, Pakistan, Friday, Aug. 24, 2018.(AP File Photo)
In this photo released by the Press Information Department, Pakistani Prime Minister Imran Khan, center, attends a briefing at the Foreign Ministry in Islamabad, Pakistan, Friday, Aug. 24, 2018.(AP File Photo)
Updated on Sep 02, 2018 07:25 PM IST
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Islamabad | ByPress Trust of India
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