Live
- Indian students' concerns about employment, safety, and visas discourage them from applying to UK universities
- Candlelight Concerts Makes a Dazzling Debut in Hyderabad with Sold-Out 'Tribute to Coldplay' Show
- Shubman Gill Sustains Thumb Injury Ahead of Perth Test; Devdutt Padikkal Joins Test Squad
- Unlock Loot Boxes, Diamonds, Skins, and More Exciting Rewards with Garena Free Fire Max Redeem Codes for November 16
- Regarding the DOGE Plan, Vivek Ramaswamy stated, "Elon Musk and I Will Take a Chainsaw to Bureaucracy"
- Sudanese army says repulsed paramilitary forces attack in western Sudan, killing over 80
- Jaipur Open 2024: Baisoya makes a grand comeback to clinch title in marathon playoff against Rashid Khan
- Jamaat-e-Islami Hind President asks cadre to reach out to larger society beyond community
- Why PM mum on Caste Census, removing 50 pc quota limit: Rahul Gandhi
- Barrackpore Municipality Vice-Chairman found dead at home, suicide note suggests blackmail
NITI Aayog chief says there is policy paralysis in the country
Rejecting criticism that the policy paralysis has returned to haunt the NDA in view of critical legislations getting stuck in Parliament, NITI Aayog Vice Chairman Arvind Panagariya says the economic growth this year may touch eight per cent due to implementation of various critical economic reforms.
"We might get full eight per cent because I also expect the first quarter growth rate which has been at seven per cent for 2015-16 will be revised upwards," he said. "We will continue to make progress. When we come to the last year of the present term of Prime Minister Narendra Modi, I would expect it would be near the double digit," he said.
Panagariya, who is in Beijing for talks with China's key think-tank the Development Research Centre on the status of the Sino-Indian economies, strongly denied criticism that the policy paralysis is creeping into the Modi government in view of government's inability to push through important legislations like GST Bill and Land Acquisition bills.
"I do not buy that. If you actually look at what the government has done, it is not the UPA government in operation. If the UPA government policies were continued we would have remained at five per cent or below. We have come out of it," he said.
"The policy paralysis has been eliminated completely from the government. Three is a well functioning government at the centre," Panagariya said. "The Prime Minster himself single handedly has made huge effort due to which we have moved up 12 places in the (World Banks's ease of doing business) rankings.
This does not take a lot of changes into account because the changes have been made after the World Bank has completed its survey," he said. "So you will see a much greater jump in the next round," he added.
