Reserve Bank of India Deputy Governor Viral Acharya is the eighth economist to quit since the Modi government took office.
'The decision to supply free food grains is not an economically sound decision because the government will find it very difficult in future to charge anything for food grains.'
In a paper, EAC-PM accused Subramanian of "cherry-picking high-frequency indicators" to express his skepticism about the growth rates after 2011-12.
Despite criticism of a lack of transparency and communication from the Modi-led government, BJP leaders point to "good beginnings" on several fronts to defend its performance. Sheela Bhatt/Rediff.com reports.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
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