Off The Cuff

Principal Economic Adviser in the finance ministry @sanjeevsanyal is confident that India will grow at more than 11% real GDP growth projected by the latest Economic Survey for 2021-22. Watch him in conversation with @ShekharGupta at #ThePrintOTC youtu.be/ZsofCcpjCMY

The direct taxes on indviduals or personal income tax needs to be simplified significantly. The government has already simplified corporate taxes in 2019, @sanjeevsanyal, Principal Economic Adviser in the finance ministry, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

There is a huge expansion in global money supply as countries try to reinflate their economies. The question is whether this excess liquidity will trigger inflation, @sanjeevsanyal, Principal Economic Adviser, Ministry of Finance, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

"At some point of time, India will need to begin taking a call on when we will start to begin thinking rupee itself as a reserve currency," @sanjeevsanyal, Principal Economic Adviser, Ministry of Finance, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

Private sector can be allowed a bigger space in the banking sector. But there is a problem of conflict of interest in allowing corporates to own banks, @sanjeevsanyal, Principal Economic Adviser in the finance ministry, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

Atmanirbhar Bharat is not an attempt to return to the pre-1991 period. The Prime Minister has no interest in going back to driving Ambassador cars, @sanjeevsanyal, Principal Economic Adviser in the finance ministry, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

What's special about Dhosi hill, less than 2 hours’ drive from Delhi, and what is its link to the founder of Ayurveda? Watch @sanjeevsanyal, Principal Economic Adviser in the finance ministry, explain in #ThePrintOTC youtu.be/0HSBqs-XEVs

On Haryana's job reservations, @sanjeevsanyal, Principal Economic Adviser in the finance ministry, said at #ThePrintOTC: "My advice to the competitor states is to come to Gurgaon & wean away the businesses." youtu.be/0HSBqs-XEVs

On the issue of MSME status being withdrawn from traders, @sanjeevsanyal, Principal Economic Adviser in the finance ministry, said at #ThePrintOTC that small traders are an important part of the economic system & the government is looking into the issue. youtu.be/0HSBqs-XEVs

GST is a huge success. It has created an Indian common market. Earlier, it was easier for Mumbai to trade with Shanghai than with New Delhi, @sanjeevsanyal, Principal Economic Adviser, Ministry of Finance, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

India will see a very strong recovery after the Covid shock. The economic survey talked about a 11% real GDP growth rate. But I think it's a conservative number, @sanjeevsanyal, Principal Economic Adviser, Ministry of Finance, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

Drawing reference from Kautilya's Arthashastra, @sanjeevsanyal, Principal Economic Adviser in the finance ministry, said at #ThePrintOTC that the government should look after external and internal security, issue currency & regulate social bads. youtu.be/0HSBqs-XEVs

We create rules for law breakers & a compliant person is left to follow many laws. It is not possible to be a law abiding citizen in the country, @sanjeevsanyal, Principal Economic Adviser, Ministry of Finance, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

Construction permits and enforcement of contracts are both state failures, @sanjeevsanyal, Principal Economic Adviser, Ministry of Finance, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

Economic survey had talked about taxpayers' rights & the government has announced a charter. Its enforcement will need an ombudsman system that is being considered, @sanjeevsanyal, Principal Economic Adviser, Ministry of Finance, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

The Indian state should be a limited but a strong state in contrast to the Nehruvian idea of a soft, all-pervasive but a weak state, @sanjeevsanyal, Principal Economic Adviser in the finance ministry, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

The state has a role to play but only a limited one. It should provide defence, municipal governance and enforce contracts, @sanjeevsanyal, Principal Economic Adviser, Ministry of Finance, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

The last 2-3 economic surveys have had a significant impact on what happens subsequently in policy. Be it privatisation, or farm laws or labour laws or deregulation, @sanjeevsanyal, Principal Economic Adviser, Ministry of Finance, said at #ThePrintOTC youtu.be/0HSBqs-XEVs

This is your last chance to ask Dr Randeep Guleria, Director, AIIMS @Aiims_nd, a question. Post your query by 25 March, Thursday before 7 pm in the comments/reply section. Don’t forget to tag us!

Dr @FaheemYounus, chief of Infectious Diseases, University of Maryland Upper Chesapeake Health, said at #ThePrintOTC in Oct 2020.