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SUBHASH GARG
India's new GDP series: GST, corporate data drive new methodologyIndia's revamped GDP calculation incorporates extensive corporate filings and GST data, as revealed by the statistics ministry. This update...
Customs should accelerate AI usage to reduce cost, physical interface with trusted taxpayers: CBIC chiefIn a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit d...
India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical frameworkAcknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...
Subhash Chandra Garg cherry-picking figures from two different bases: CBICGarg, who has been at the centre of the recent controversy over the government's GDP growth estimates, had questioned the Centre's claim of...
SBI Ecowrap calls ‘missing’ GDP figures claim ‘fiction’, defends revisionsAn SBI Ecowrap report dismisses claims of missing national account sums as fictional. It states criticisms stem from comparing distinct sta...
New GDP series reflects better data, methods: MoSPIThe Ministry of Statistics and Programme Implementation defends its new GDP series methodology. Double deflation is presented as a methodol...
Former chief statistician Pronab Sen seeks two GDP series with old, new bases for five yearsAdvocating for dual GDP series, former chief statistician Pronab Sen argues that accurate double deflation is contingent upon extensive dat...
‘We politicians, ministers and MPs do not manufacture these figures’: Goyal hits back at critics over 7.8% Q1 GDP growthIn response to challenges regarding India’s 7.8 percent GDP growth, Commerce Minister Piyush Goyal passionately argued against the claims m...
India’s ‘real feel GDP’ growing only at 2-3%; Shankar Sharma joins the debateStock market veteran Shankar Sharma has questioned India’s headline GDP growth, arguing that the economy’s “Real Feel” growth is only 2-3%....
GDP data revision: Govt says it's revised base, not baselessIndia's statistics ministry defended its latest GDP growth figures. The ministry cited improved data sources and methodologies for the esti...
Goyal calls for resilient supply chains, while Gor stresses fair and reciprocal India-US tradeIn a strategic move, India is ramping up its partnerships on critical minerals with countries including the UK and the EU. Trade agreements...
PR can polish picture of GDP, but not economy itself: Congress slams Modi governmentCongress criticizes the government's GDP figures citing former finance secretary Subhash Garg. Garg stated real GDP growth is closer to 2.6...
FY20 deficit likely to be 4.5-5% of GDP: Ex-Fin SecyFormer finance secretary Subhash Garg has said India's real fiscal deficit in FY20 is likely to be higher at 4.5-5% of GDP due to an expect...
Subhash Garg's early retirement may delay Jalan report furtherThe Bimal Jalan led panel on ECF might have to meet again since the final report hasn't yet been signed, an official said.
Facebook's Libra faces skeptical government in Asia’s third-largest economy“Design of the Facebook currency has not been fully explained,” says Subhash Garg.
India, US discuss need to resume dialogue on economic and financial partnershipEconomic Affairs Secretary Subhash Garg has discussed the matter in Washington with US official David Malpass.
Will include ibc panel inputs: Subhash Garg, DEA SecretaryGarg said government will continue to make adjustments to the IBC to encourage competitive participation.