Lauding the government's Jan Dhan initiative, former RBI Governor D Subbarao on Friday said this financial inclusion programme should be expanded to also ensure remittance and credit facilities for the poor. He also called for necessary steps to ensure double-digit economic growth for eliminating poverty. "6, 6.5, 7, 7.5, 8, 8.5 per cent (of growth) is not good enough for us. India must grow at double digit in order to reduce poverty. We are not only a fast growing economy we have the largest ... Rediff.com, 2 months ago
The decision of State Bank of India (SBI) to put off the launch of a Shariah-compliant equity mutual fund has once again sparked debates on whether India should open doors to the concept of Islamic finance and facilitate a market for Shariah ...Firstpost.com, 1 month ago
By a Staff Writer The National Federation of Indian American Associations (NFIA) held its 18 th biennial convention earlier this month at the Sheraton Cerritos Hotel in Cerritos, California. The three day event with the theme Indian-Americans ...News India Times, 1 month ago
Idea Exchange: Expectations of big bang reforms were unrealistic. Such reforms come in crises, says Arvind Subramanian
Arvind Subramanian is chief economic adviser to Government of India, a position that Raghuram Rajan held before becoming RBI governor. Earlier, he was a senior fellow at the Peterson Institute for International Economics, an influential Washington ...Financial Express, 1 month ago Expectations of big bang reforms were unrealistic. Such reforms come in crises Indian Express, 1 month ago
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