That is what you will hear again after Nirmala Sitharaman presents a speech that will prove to be meaningless and numbers that will show themselves to be wildly off the mark, observes Aakar Patel.
Chief Economic Advisor (CEA) K V Subramanian will be leaving the finance ministry and returning to academia on completion of his three-year term. The government had appointed Subramanian, an ISB Hyderabad professor, as the CEA in December 2018. He had succeeded Arvind Subramanian, who quit the position close to a year ahead of his extended tenure. Subramanian's three-year term would have come up for renewal in December but he decided to return to academia.
The demographics favour India, as it is a relatively young country with more working people than anywhere else
Will India really beat China in future or if not beat, can it at least catch up with it? We asked common people to speak on the issue and came across some interesting viewpoints.
The ones who came more recently were clutching the green cards that gave them an escape hatch through which to return to green pastures: Arvind Panagariya, Raghuram Rajan, Arvind Subramanian and other perfectly honourable gentlemen like them, points out T N Ninan.
'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.
"I'm taking a minute to respond... I do respect Raghuram Rajan as a great scholar who chose to be in the central bank in India at a time when the Indian economy was all buoyant," Sitharaman said during the lecture organised by the Deepak and Neera Raj Centre on Indian Economic Policies of the Columbia University.
While Bibek Debroy echoed his view in Twitter, Pronob Sen questioned Kumar's conclusion
'It is like an island of excellence'.
Arvind Panagariya's recent book, though remarkable, has been one-sided in some respects.
India is capable of achieving and sustaining double-digit growth in the coming years if labour reforms are carried out to shift workforce from agriculture to the industry, eminent economist Arvind Panagariya said on Friday.
Vasundhara Raje is pioneering the 'Rajasthan Model', which places policy reform at the centre of the development strategy.
Arvind Panagariya explains why his suggestion of the fiscal deficit at 4.5% of GDP differs from P Chidambaram's 4.1% in the interim Budget.
India's new policy commission has received a makeover and a dream team has been formed to head the Think Tank, NITI Aayog.
Investment in human capital is likely to fail to translate into effective growth if incentives for entrepreneurs are missing.
Along with the Finance Minister, the country looks up to RBI Governor in times of crisis. Among the last five chiefs, who have lived up to the people's expectations? Find out...
What will it take the next government to revive growth? Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy at Columbia University, and one of the world's leading economists, offers a checklist.
'The CoA feels that if David has declared and is not taking remuneration from India Cements, he is not in conflict'
The government has retained Arvind Subramanian as its chief economic advisor, unlike other American professors Dr Raghuram Rajan and Arvind Panagariya, who quit their jobs as RBI governor and NITI deputy chairman respectively.
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
Interview with Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy at Columbia University.
In a time of crisis like this, a government needs its people and politics united. A nation of India's size and diversity can't fight a stronger rival with fraying social cohesion, observes Shekhar Gupta.
The proposed bullet train will run between Mumbai and Ahmedabad.
For his distinguished academic accomplishments, Arvind Panagariya was among the Indian Americans awarded with the Padma Bhushan by the Government of India this Republic Day. Arthur J Pais spoke to the economist about his amazing life story --from improverished childhood in Jaipur to the hallowed portals of Columbia University in New York.
The days of anti-reform, anti-growth advisers that undermined our economy in the UPA-II years will now be strictly behind us: Bhagwati
'It is likely the government may opt for an IAS officer.' 'For the government, an IAS officer will be more easy to deal with,' notes A K Bhattacharya.
India has too many small companies and this is inefficient. It should instead have only a handful of very large players running its economy and these giants can then compete with the world, observes Aakar Patel.
Noted economist Arvind Panagariya says India is an emerging power. With liberalisation, Indian entrepreneurs have emerged and they are top class.
The review stresses on creating conditions for growth that is employment-friendly.
Country's economic growth at 9% requires exports to rise by around 20%, says NSC chairman Pronab Sen
Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.
Does IAS officers' work go unappreciated, asks Ajit Balakrishnan.
The perspective planning division might get a new lease of life.
Acharya emphasised that the time is "really ripe" for land, labour and agricultural reforms in India.
Modi's government sees itself in a sweet spot with spare cash.
NITI Aayog spent a considerable time on restructuring the setup.
The 'poor' also own TVs and two-wheelers and no discussion of poverty is complete unless it acknowledges this.
DMRC-like SPV to be floated in a month for the Rs 98,000 crore Mumbai-Ahmedabad corridor.
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Prime Minister Narendra Modi has asked NITI Aayog to frame policies to propel India into the next century.
The prime minister's economic advisory council was disbanded early on, and not reconstituted.
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