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Bibek Debroy News

01 Nov 2024

Bibek Debroy: Chief Of PM Modi's Economic Advisory Council Dies At 69

Modi shared his condolences and described Debroy as a "towering scholar" with expertise in various fields including economics, history and spirituality.

01 Nov 2024

PM Modi's Economic Council Chairman Bibek Debroy Dies At 69

Bibek Debroy wrote several books, articles and was also a consulting/contributing editor with several newspapers.

24 Apr 2023

India Likely To Move To Upper-Middle-Income Category By 2047: Debroy

According to the World Bank's definition, a country with a per capita annual income of over USD 12,000 is considered as a higher-income nation.

06 Jan 2023

Farm reforms pending in India since 1991; China did it long back: PMEAC chief

Farm reforms in India are pending even today since 1991, while neighbouring China implemented them way back in 1978, said Bibek Debroy. Bibek Debroy is Chairman of Prime Minister's Economic Advisory Council's (PMEAC). The reforms undertaken in India in 1991 were pertaining to external factors and industrial liberalisation, and were not related to agriculture, he said.

07 Feb 2018

Accretion of fresh NPAs has virtually stopped, says Bibek Debroy

According to recent RBI data, bad loans of public sector banks stood at Rs 7.34 lakh crore by the end of second quarter this fiscal.

01 Feb 2018

Budget focuses on structural issues, not populism: Bibek Debroy

PM's Economic Advisory Council chairman Bibek Debroy on Thursday welcomed the announcements made in the Union Budget 2018-19.

21 Dec 2017

India likely to be $6.5-7 tn economy by 2030: Debroy

The per capita income in India by 2030 will however be just USD 4,000, still less than many other countries, he said.

PM Modi's economic council

10 Nov 2017

PM Narendra Modi's economic council to link growth with social aspects

The Council also laid out a road map for stepping up job creation, skill development and recommended enhanced resource investment in social sectors including health and education.

09 Nov 2017

Demonetisation was for institutional cleansing: Niti Aayog's Bibek Debroy

Niti Aayog's Bibek Debroy also says demonetisation should not be seen through a narrow cost-benefit calculus but as a move aimed at "institutional cleansing".

economic advisory council

11 Oct 2017

Stick to fiscal consolidation road map: EAC-PM to govt

The Council, which met for the first time today, has identified ten themes, including economic growth and job creations, that need attention.

EAC-PM first meeting

11 Oct 2017

PM Modi's Economic Advisory Council meet today; growth revival, job creation high on agenda

The Council will address all issues of emergent importance, will engage with a broad spectrum of stakeholders and formulate advice accordingly.

economic advisory council

10 Oct 2017

PM economic advisory panel to hold first meet on Wednesday

The Council held a brainstorming session with stakeholders yesterday in the run up to its first meeting on Wednesday, an official statement said today.

economic advisory council

25 Sep 2017

Bibek Debroy to head PM Modi's Economic Advisory Council

Other members of the Economic Advisory Council constituted by PM Modi are Surjit Bhalla, Rathin Roy, Ashima Goyal and Ratan Watal.

Agricultural income in India

09 May 2017

No plan to tax agricultural income; rich farmer very rare: FM Jaitley

Finance Minister Arun Jaitley has said the government has no plans to tax agricultural income, including that of prosperous farmers, saying a rich farmer is "a very rare institution" and not the norm.

02 May 2017

Modi's war on black money incomplete without taxing farm income

agriculture income under tax net

26 Apr 2017

Government has no plan to impose any tax on agriculture income: FM Jaitley

Jaitley said that as per the constitutional allocation of powers, the central government has no jurisdiction to impose tax on agricultural income.

agriculture income under tax net

25 Apr 2017

Bring agriculture income under tax net, says NITI Aayog member

NITI Aayog member Bibek Debroy on Tuesday made a strong case for removal of exemptions on personal income tax and bringing agriculture under the tax net with a view to increasing the resources of state.

01 Oct 2016

Change in govt will not change country's conditions: Bibek Debroy

NITI Aayog member Bibek Debroy on Saturday said India is still relatively a poor country and a mere change in the government will not change the situation in the country.

09 Sep 2016

Detailed recommendations for merger of budgets submitted to FM

The 92-year-old tradition of a separate Rail Budget is likely to become a thing of the past with a committee to finalise the modalities for its merger with the General Budget submitting its report to the Finance Ministry.

21 Jul 2016

India unlikely to see many new cities, says Debroy

Country is unlikely to see many greenfield or privately developed cities in the future as most of the efforts would be on revamping existing urban areas, said NITI Aayog Member Bibek Debroy.

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