Tag: Arvind Panagariya

Invest in govt. schools, make them relevant

The authors have calculated the cost of Government schools, much on the higher side, assuming teachers’ salaries at Rs.45,000 month.

June 28, 2020

‘India more attractive to do biz than WB ranking suggests’

India is a lot more attractive place for business than what the World Bank’s recent ranking suggests, top Indian-American economist Arvind Panagariya has said, noting that the 30-point jump in one year was “overdue”. Investors usually go where the environment is the best and not where the World Bank collects its data, Panagariya, professor at...

November 9, 2017

Expectations from the NITI Aayog

Afew weeks ago, the Vice-chairman of NITI (National Institution for Transforming India) Aayog sent his resignation to Prime Minister, Narendra Modi saying he was not getting an extension of leave from his employer, Columbia University, where he had been serving as a professor. The Government has appointed Prof. Rajiv Kumar, an economist, in his place....

September 6, 2017

Sick PSUs closure have gone ‘very well’: Panagariya

Outgoing Niti Aayog Vice Chairman Arvind Panagariya has said the closure of 18-20 sick public sector units (PSUs) have gone “very well”, even as he made a case for expediting privatisation of loss making state-owned companies. The Prime Minister’s Office (PMO) had asked government think-tank Niti Aayog to look into viability of sick state-run companies....

August 15, 2017

Could be wise to write off some Air India debt: Panagariya

Outgoing Niti Aayog Vice Chairman Arvind Panagariya has said that writing off some debt of Air India, so as to make it attractive to prospective investors, could be a “wise” move. Following a suggestion by Niti Aayog, the government is endeavouring to privatise the state-owned carrier and a committee has been set up under Finance...

August 9, 2017

Looking forward to serve the nation: Niti Aayog V-C elect Kumar

Noted economist Rajiv Kumar on Sunday said he is looking forward to serve the country as the new Vice Chairman of Niti Aayog. "Look forward to serve the nation with my role @nitiaayog @pmoindia," Kumar tweeted. He was named the new Vice chairman of the government think-tank on Saturday, five days after the incumbent Arvind...

August 6, 2017

Economist Rajiv Kumar appointed NITI Aayog Vice Chairman

Economist Rajiv Kumar has been appointed the Vice Chairman of NITI Aayog in place of Arvind Panagariya, said informed sources. Panagariya, an academician on leave from Columbia University, resigned as the NITI Aayog Vice Chairman on August 1. Kumar, a senior fellow at Centre for Policy Research (CPR), is also chancellor of the the Gokhale...

August 5, 2017

Arvind Panagariya resigns as NITI Aayog Vice Chairman

Arvind Panagariya, an academic on leave from Columbia University, on Tuesday resigned as the NITI Aayog Vice Chairman, a sudden development that set off speculation about his successor. Panagariya, appointed Vice Chairman of the restructured NITI Aayog in January 2015, disclosed that he has written to Prime Minister Narendra Modi, informing him that his leave...

August 1, 2017

India likely to clock 7.5pc growth this fiscal: Panagariya

India is likely to clock a 7.5 per cent economic growth in the current fiscal, NITI Aayog Vice Chairman Arvind Panagariya has said, even as he acknowledged that creation of “good jobs” in the country remains a big challenge. “For the current fiscal year of 2017-18, I expect that we will be back to at...

July 23, 2017

Panagariya makes presentation to PMO for reliable jobs data

Niti Aayog Vice-Chairman Arvind Panagariya, who heads the task force on employment data, has made a presentation to this effect before the Prime Minister's Office (PMO). The PMO last month had constituted the task force to come up with solutions to have timely and reliable job data for policymaking. “The task force has had four...

June 23, 2017

‘AI debt unsustainable, should go to private hands’

Air India should be privatised as its debt level is "simply not sustainable" and government action on the airline's future course is likely within six months, Niti Aayog vice chairman Arvind Panagariya said on 22 June. The government is looking at various options, including possible privatisation, to revive the loss-making national carrier and Tata group...

June 23, 2017

Coal India will continue to be one entity: Goyal

Union minister Piyush Goyal on 10 June said state-run Coal India will continue to remain a single entity and will not be allowed to split further. The government's policy think-tank NITI Aayog has recently recommended breaking up of Coal India into various subsidiaries. "It is not at all advisable and we are not taking up...

June 11, 2017

India to show sustained growth of 8% in few years: Panagariya

India's 'fragile economy' has been turned around in the last three years and a sustained growth of 8 per cent would now be possible within a few years, NITI Aayog vice chairman Arvind Panagariya said on Friday. The statement comes amid the country losing the fastest growing major economy tag to China with its GDP...

June 2, 2017

Task force on employment data set up

The government’s high-level task force on employment data has been set up soon after the Labour Bureau substantially extended the coverage of its regular employment surveys and sample area from the last financial year (2016-17). The Task Force headed by NITI Aayog Vice-Chairman Arvind Panagariya, with Labour and Statistics Ministries’ Secretaries among its members, has...

May 10, 2017

Demonetisation woes due to bank officers’ role: Panagariya

In implementing demonetisation what did not go as planned was that "a lot of bank officials really played it in the way that they should not have played it" and it was on a scale not anticipated, according to Arvind Panagariya, Vice Chairman of Niti Aayog. He defended the demonetisation of the Rs.1,000 and Rs.500...

February 7, 2017