Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.
Comprehensive tax reforms would be carried out in the next budget after taking into account the suggestions of Kelkar Task Force, which will submit its report within a few days, Finance Minister P Chidambaram said on Monday.
Reform ideas do not occur overnight and evolve over the years.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.