Sanjeev Sanyal
More space on monetary side than fiscal for boosting growth: Sanyal
Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand slowdown.
In long-term, GST slabs may reduce to 3: Advisor to finance ministry
The three slabs could be a low of 5 per cent, a central 15 per cent (merging 12 pc and 18 pc slabs) and a top rate of 25 per cent
GST slabs may reduce to 3 in long-term: Sanjeev Sanyal
Presently, there are four GST slabs of 5, 12, 18 and 28 per cent, plus the exempted category which attracts 0 per cent GST.
GST won’t stop oil price fluctuations: Economic advisor
GST will not prevent price fluctuations as India is a massive importer of crude.
Govt adviser says consolidation may lead to 10-15 state banks
The government may cut its stakes in state-run banks to 52 per cent.
Resolution of Indian banks' bad loans primary focus of govt: Sanyal
Sanyal's comments came a day after the RBI revealed that it had identified 12 of the largest loan defaulters.
Finance Ministry appoints Principal Economic Adviser
Noted economist Sanjeev Sanyal as Principal Economic Adviser in the Ministry of Finance.