|
|
Time to revive growth, investment, exports: CEA
|
|
|
|
Top Stories |
|
|
|
|
SME Times News Bureau | 25 Sep, 2017
Arvind Subramanian, whose term as Chief Economic Advisor (CEA) has been
extended by a year, on Saturday said the economy was going through some
"transitional issues" and the government was working towards reviving
growth.
"We do have some transitional issues that we are working
through, we will have to see how the economy can overcome these
challenges," Subramanian said.
"We have to revive growth,
investment, exports. As Finance Minister Arun Jaitley said, in days
ahead, you will know what the government is planning to do," he said.
Srubramanian, whose term was due to end on October 16, has been given an extension of one year, the government said on Saturday.
"Delighted
to take on the challenges. The government is working on multiple
fronts," the CEA said after the extension was announced.
The
Finance Minister had on Friday said that the government was fully
prepared for a "responsive action" to give a boost to the economy as the
GDP numbers in the first quarter dipped to a low of 5.7 per cent.
"We
have taken note of all the economic indicators that are available. This
has been a proactive government on the reforms agenda. Over the last
two days, I have had a series of discussions with ministerial colleagues
and various secretaries. The government will take additional measures
in the coming days after consulting the Prime Minister," he had said.
On
September 19, Jaitley had chaired a high-level meeting to review the
economic situation and discuss measures, including a possible stimulus
package for the economy.
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|