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Ex-finance commission panel chiefs raise key economic issues

India Business News: Former finance commission chiefs suggest GST rationalization, real-time data importance, and asset-creating infrastructure investments for policymaker

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ram nath kovind: Creating adequate fiscal space important to give impetus to current growth trajectory: Kovind

Former President Ram Nath Kovind emphasized the importance of creating adequate fiscal space for a nation's growth trajectory. He emphasized the need for predictability and certainty in the tax architecture, which attracts both public and private capital and improves public-private partnerships.

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NK Singh urges rethink of fiscal policies amid post-pandemic challenges

Renowned economist and Chairman of the fifteenth finance commission, NK Singh, emphasized the need for India to reassess its fiscal policies, particularly regarding debt management, in light of the persistent post-pandemic challenges. Speaking at the Kautilya Global Award 2023 ceremony, Singh highlighted the global trend of increasing debt levels, underscoring the importance of proactive fiscal strategies.

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World Bank needs to reinvent: N K Singh - Times of India

International Business News: The World Bank needs to reinvent, restructure, and recreate itself to harness private capital and foster multilateral cooperation. It should tap pensi

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Kovind-led panel holds talks with economists over research on electoral cycle

Former president Ram Nath Kovind-led high-level committee on One Nation, One Election on Wednesday held deliberations with top economists on details of a research paper — Macroeconomic Impact of Harmonizing Electoral Cycles | Latest News India

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Simultaneous elections will help growth: N K Singh paper

Singh and Mishra presented the findings of the draft paper titled ‘Macroeconomic Impact of Harmonizing Electoral Cycles’ to the High-Level Committee on ‘One Nation One Election’ chaired by Ram Nath Kovind, former President of India.

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Cabinet nod to creation of 3 joint secretary-level posts for 16th Finance Commission

These newly created posts are required to assist the Commission, which was constituted in pursuance of Article 280 of the Constitution via a notification dated 31 December 2023 | Latest News India

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MDBs need different approaches to draw in private financing and achieve their full potential

Speaking at COP28 UAE, N K Singh said MDBs mobilising and galvanising private financing requires a multi-year strategic and whole-of-institution approach by MDBs. He said they can become bolder by greater use of guarantees.

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Annual private capital mobilisation by multilateral development banks needs to quadruple to $240 bn by 2030: N K Singh

Speaking at the Paris Peace Forum at a session on “Achievements since the Summit for a New Global Financing Pact”, moderated by French President Emmanuel Macron, Singh asserted that MDBs required a tectonic makeover. “The next 12 months are crucial to translate the current fervour into changes in process, procedures, and hopefully changes for better outcomes…. I worry about a piecemeal approach to reforms, and institutions acting in silos,” Singh said, adding that a change is needed in the management culture on many fronts.

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Countries now more open to giving capital to MDBs: Singh

India Business News: Several countries are becoming more open to providing capital to multilateral development banks (MDBs) such as the World Bank, according to N K Singh,

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