Alternative financial system will emerge; dollar to remain global currency: Subhash Garg
Garg sees the U.S. dollar as a major global currency for many years to come, if not in the entire globe, at least in the U.S. block.
subhash chandra garg
March 2022
Only one out of the three farm laws had reform in it: Subhash Garg
While one was for contract agriculture, the amendment to the Essential Commodities Act was more ludicrous, said Garg.
Note ban assumptions of black money with cash were wrong: Subhash Garg
Garg says that while demonetisation achieved some objectives like curbing fake money and terror funding, the government made certain wrong assumptions while doing the exercise.
Promise of GST not utilised due to multiple slabs, excess authority to Centre: Subhash Garg
Garg maintains that due to the compromises the promise of the GST has not been utilised fully resulting in current revenues at 11–11.5%.
RBI more concerned about govt borrowing, not inflation: Subhash Garg
Centre’s borrowing plan of ₹15 lakh crore for FY23 seen influencing MPC to pursue accommodative stance.
