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Subhash Chandra Garg

'Rollback of Rs 2,000 note won't impact economy'

Garg said Rs 2,000 notes were introduced not as a well thought out measure but something which was only available readily to latch on

21 May 2023, 10:22 IST

Withdrawal of Rs 2,000 note non-event, will have no impact on economy: Former finance secretary

Withdrawal of Rs 2,000 note non-event, will have no impact on economy: Former finance secretary

'Rollback of Rs 2,000 note won't impact economy'

21 May 2023, 10:22 IST

Working with Sitharaman was difficult: Ex-finance secy

Garg said that Sitharaman had insisted on his transfer from the north block a month after she took over as the finance minister

31 October 2020, 12:47 IST

Working with FM Nirmala Sitharaman was difficult, says former finance secretary Subhash Chandra Garg a year after quitting

Working with FM Nirmala Sitharaman was difficult, says former finance secretary Subhash Chandra Garg a year after quitting

Working with Sitharaman was difficult: Ex-finance secy

31 October 2020, 12:47 IST

Modi’s key reforms stall as pandemic upends economy

India’s delay in appointing a new central bank committee to decide interest rates is just the latest of Prime Minister Narendra Modi’s key economic reforms that are failing to gain traction during the nation’s worst crisis in decades. Three of his major policies -- the goods and services tax, a bankruptcy and insolvency law and the Monetary Policy Committee -- have been mired in problems since the Covid-19 outbreak upended economic activity.

05 October 2020, 07:40 IST

Modi’s key reforms stall as pandemic upends economy

Modi’s key reforms stall as pandemic upends economy

Modi’s key reforms stall as pandemic upends economy

05 October 2020, 07:40 IST

'RBI surplus transfer to govt at 44%; lowest in 7 yrs'

Earlier this month, the RBI board approved a surplus transfer of Rs 57,128 crore to the central government for Accounting Year 2019-20 (July-June)

26 August 2020, 16:06 IST

'RBI surplus transfer to govt at 44%; lowest in 7 yrs'

26 August 2020, 16:06 IST

'Indian economy to contract 10% this fiscal year'

This will be the first contraction in over 40 years, due to a "faulty" COVID-19 lockdown, he said

02 June 2020, 18:45 IST

Indian economy to contract 10% this fiscal year: Former finance secretary Subhash Chandra Garg

Indian economy to contract 10% this fiscal year: Former finance secretary Subhash Chandra Garg

'Indian economy to contract 10% this fiscal year'

02 June 2020, 18:45 IST

Lack of data behind govt not announcing stimulus: Garg

23 April 2020, 18:51 IST

Data unavailability main reason behind govt's inability to announce stimulus for businesses: Garg

Data unavailability main reason behind govt's inability to announce stimulus for businesses: Garg

Lack of data behind govt not announcing stimulus: Garg

23 April 2020, 18:51 IST

COVID-19: Govt to face Rs 10 lakh cr shortfall in FY21

Former finance secretary Subhash Chandra Garg on Thursday said the government is likely to face a shortfall of around Rs 10 lakh crore in 2020-21 due to the COVID-19 pandemic.

16 April 2020, 17:03 IST

Govt to face Rs 10 lakh cr shortfall in FY21 due to COVID-19: Subhash Chandra Garg

Govt to face Rs 10 lakh cr shortfall in FY21 due to COVID-19: Subhash Chandra Garg

COVID-19: Govt to face Rs 10 lakh cr shortfall in FY21

16 April 2020, 17:03 IST

'Centre may require Rs 5 lakh cr to support economy'

The Centre may need to borrow 2-2.5 per cent of GDP or about Rs 4-5 lakh crore additionally for supporting people and businesses hit hard by the coronavirus outbreak and nationwide lockdown, according to former finance secretary Subhash Chandra Garg.

07 April 2020, 13:35 IST

Centre may require additional Rs 5 lakh cr to support economy hit hard by COVID-19: Garg

Centre may require additional Rs 5 lakh cr to support economy hit hard by COVID-19: Garg

'Centre may require Rs 5 lakh cr to support economy'

07 April 2020, 13:35 IST

'70% of India’s economy hit by lockdown, 10 cr jobless'

He suggested that the Centre should immediately release the share of central taxes

07 April 2020, 11:22 IST

70% of India’s economy hit by lockdown, 10 crore jobless, says Subhash Chandra Garg

70% of India’s economy hit by lockdown, 10 crore jobless, says Subhash Chandra Garg

'70% of India’s economy hit by lockdown, 10 cr jobless'

07 April 2020, 11:22 IST

Former Air India CMD appointed chairman of AP

17 March 2020, 09:10 IST

Former Air India CMD Ashwani Lohani appointed chairman of Andhra Pradesh

Former Air India CMD Ashwani Lohani appointed chairman of Andhra Pradesh

Former Air India CMD appointed chairman of AP

17 March 2020, 09:10 IST