{"id":17991,"date":"2021-01-30T11:19:44","date_gmt":"2021-01-30T11:19:44","guid":{"rendered":"https:\/\/plyinsight.com\/?p=17991"},"modified":"2021-02-17T10:44:10","modified_gmt":"2021-02-17T10:44:10","slug":"plan-like-pant-pujara-eonomic-revival","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/plan-like-pant-pujara-eonomic-revival\/","title":{"rendered":"Plan Like Pant-Pujara Eonomic revival"},"content":{"rendered":"

Chief Economic Advisor (CEA) Krishnamurthy Subramanian highlighted the contrasting batting styles of cricketers Rishabh Pant and Cheteshwar Pujara in India\u2019s recent test series victory against Australia as providing a template of the varying approaches Indian policymakers could take while putting the economy back on track.<\/p>\n

\u201cLike in cricket, even in economy, planning matters. When the ball is swinging around a lot, when there is a lot of uncertainty, you need to play carefully and focus on survival. Essentially, when the ball is swinging, bat like Pujara and when swing is gone, bat like Pant, which is what Indian policymakers should focus on,\u201d he said during the press conference on the Economic Survey for 2020-21.<\/strong><\/p>\n

Subramanian said this Survey is dedicated to Covid-19 warriors, who supported the country during the once-in-a-century crisis.<\/p>\n

India focused on saving lives and livelihoods. It took short-term pain for long-term gains. While gross domestic product (GDP) growth will recover (and it has), lost human lives cannot be brought back. This was humane principle that guided India\u2019s policy response. India was the only country to announce a slew of structural reforms,\u201d the CEA said.<\/strong><\/p>\n

Even if India were to have the real GDP growth rate as low as 3.8 per cent each year from FY23 to FY29, debt will still come down, Subramanian said. He added that the private sector needs to contribute more to innovation and research and development.<\/strong><\/p>\n

Subramanian said excessive regulation leads to excessive and opaque supervision and exercise of discretion, making a pitch for simple regulation and transparent supervision.<\/p>\n

\u201cIndia\u2019s demand side measures were also different from other countries, were more calibrated, recognising the simple idea that pushing the accelerator works only when brakes are removed.<\/strong> Mega vaccination drive should enable recovery in services. V-shaped economic recovery without a second wave makes India a sui generis case in mature policymaking,\u201d the CEA said.<\/p>\n

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\"Tajpuria\"\u00a0 \u00a0\"Asean\u00a0 \u00a0\u00a0\"Kathputli\"<\/p>","protected":false},"excerpt":{"rendered":"

Chief Economic Advisor (CEA) Krishnamurthy Subramanian highlighted the contrasting batting styles of cricketers Rishabh Pant and Cheteshwar Pujara in India\u2019s recent test series victory against Australia as providing a template of the varying approaches Indian policymakers could take while putting the economy back on track. \u201cLike in cricket, even in economy, planning matters. When the […]<\/p>","protected":false},"author":1,"featured_media":17992,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1036],"tags":[985],"class_list":["post-17991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-february-news-2021","tag-subramanian-bats-for-pant-pujara"],"yoast_head":"\nPlan Like Pant-Pujara Eonomic revival - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/plan-like-pant-pujara-eonomic-revival\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plan Like Pant-Pujara Eonomic revival - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"Chief Economic Advisor (CEA) Krishnamurthy Subramanian highlighted the contrasting batting styles of cricketers Rishabh Pant and Cheteshwar Pujara in India\u2019s recent test series victory against Australia as providing a template of the varying approaches Indian policymakers could take while putting the economy back on track. \u201cLike in cricket, even in economy, planning matters. 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