"India's macroeconomic management is sound and there was no reason to worry," said Panagariya.

Rai, however, said that PSBs still have a role to play especially in supporting the infrastructure sector.

Panagariya, who is currently a professor of economics at Columbia University, further said that predominance of scandals and NPAs in PSBs i...

He said the macro-economic indicators have remained stable for the past 3 years with current account deficit hovering around 1 per cent and...

Panagariya, 64, cited several examples of how western universities are very stringent about not extending leaves, which is what forced him ...

The Prime Minister's Office last month had constituted the task force, which includes Chief Statistician TCA Anant and Labour Secretary M S...

A commodity ought to be available to everybody at a reasonable price but it is not automatic, says Arvind Panagariya.

“To discourage the creation of black money and curb corruption, we will also need to tackle election funding,” Panagariya told ET.

"I feel we should cross 8% because nothing I see takes away from what we had last year," said Niti Aayog's Arvind Panagariya.

"On strategic divestment, you will see action in the next six months I would say, meaning that the process is on, but you will see some act...

Backing the proposed monetary policy committee for deciding the key interest rates, NITI Aayog Vice-Chairman Arvind Panagariya said "consen...

Economy in the first half of this fiscal expanded at 7.2 per cent compared with 7.5 per cent in the same period of the previous fiscal.

He said in his view the developments in China and their knock-on impact were better categorised as 'turmoil' than as a 'crisis'.

Interest rates can come down further and radical measures are needed to tackle the huge bad loans problem, said Niti Aayog Vice-Chairman Ar...

CSO has estimated economic growth at 7.3 per cent for 2014-15, slightly lower than its earlier advance estimate of 7.4 per cent.

"We will not think keeping in mind five-year targets rather we will think with a horizon of 7-8 years," Panagariya said in an interview to ...

Panagariya also said the government has decided to continue with the 12th Five-year Plan for now which is in its third year.