Arvind Subramanian

'I would text Jaitley 10 times...was very disappointed with GST': Ex-CEA on leaving North Block

Dec 25, 2025, 11:48 AM IST

Subramanian served as chief economic adviser from October 2014 to June 2018, during Arun Jaitley's tenure as finance minister.

'Nehru had 70 PSUs, Modi 84': Professor warns India still spending big on bleeding state firms

Dec 21, 2025, 03:05 PM IST

'In the Nehruvian era, the capital expenditure on public sector enterprises was 1 lakh crore in real 2024 rupees. In the Modi years, it's 22 lakh crores,' says professor Devesh Kapur

India’s Development Odyssey | Arvind Subramanian & Devesh Kapur On Their Book ‘A Sixth Of Humanity’

Dec 01, 2025, 01:46 PM IST

A Sixth of Humanity: Independent India’s Development Odyssey’ traces India’s unique and ambitious journey of nation-building under the extraordinary condition of universal suffrage. Written by political scientist Devesh Kapur and economist and Former Chief Economic Adviser Arvind Subramanian, the book examines how India simultaneously attempted four major transformations—building a modern state, developing a competitive economy, reshaping society and forging national identity. It explores India’s unconventional path: democracy before development, services before manufacturing, and globalisation that empowered talent but overlooked the poor. Richly researched and sharply argued, it captures both successes and setbacks at a pivotal moment in India’s evolution. Don’t miss Siddharth Zarabi Group Editor Business Today and Rajdeep Sardesai Consulting Editor India Today in conversation with authors Arvind Subramanian and Devesh Kapur on their landmark book, ‘A Sixth of Humanity’.

Macro stability, but risks still very high: Ex-CEA explains why private investment isn't taking off

Dec 01, 2025, 01:33 PM IST

Government's efforts to boost returns on investment - including corporate tax cuts and subsidies - have not overcome the deeper structural concerns, says former CEA Arvind Subramanian

'A subtle Dutch disease': Ex-CEA explains how high govt wages and services boom held back manufacturing

Nov 30, 2025, 11:29 AM IST

There was a "very subtle Dutch disease effect" that made factory jobs less attractive and less profitable, says former CEA Arvind Subramanian

China-like growth in the South: Economists explain why northern states failed to match up

Oct 29, 2025, 01:31 PM IST

While southern India thrives with China-like growth, the northern states lag behind. Economists dissect the political and economic factors contributing to this divide

Ex-CEA Arvind Subramanian warns: 'AI, services won't drive inclusive growth for India'

Oct 29, 2025, 12:33 PM IST

Subramanian pointed out that India's economic trajectory since its 1991 liberalisation has been marked by rapid growth, but this progress has not been accompanied by a sufficient structural transformation.

'Redistribution is part of nation-building': Ex-CEA Arvind Subramanian on fiscal tensions with southern India

Oct 26, 2025, 09:24 AM IST

Subramanian shared the view in a conversation with the Carnegie Endowment alongside Devesh Kapur, his co-author of the new book - A Sixth of Humanity: Independent India’s Development Odyssey

Former CEA Arvind Subramanian says GST erodes states’ power even as tax council eases household levies

Sep 06, 2025, 02:33 PM IST

Subramanian acknowledged the recent GST rationalisation, noting that the removal of the 28% slab has made the tax "more good and more simple," but cautioned, “we're still some ways away from reaching that goal.”

P Chidambaram Slams Centre Over GST, Says Govt Woke Up After 8 Yrs

Sep 04, 2025, 02:04 PM IST

On GST Reforms, Former Union Finance Minister and senior Congress leader P. Chidambaram hits out at the government, calling the eight-year delay in cutting GST rates a “costly mistake”. Chidambaram said that when the GST law was implemented eight years ago, several leaders, including himself, had warned against high tax slabs. Even the then Chief Economic Advisor, Arvind Subramanian, had advised against it. After years of imposing 12% and 18% GST on essential goods, the government has now reduced the rates to 5%. Chidambaram appreciates the correction but criticizes the Centre for “squeezing the middle class and poor for eight long years

'NEVER passed peer review': Ex-CEA blasts Kerala Congress for citing 'sloppy' GDP study to question $4.3 tn claim

Mar 26, 2025, 06:57 PM IST

India is now the world’s fifth-largest economy and is set to surpass Japan by the third quarter of FY25.