Question: Who among the following is the Chief Economic Advisor of India?
(a) Arvind Panagariya
(b) Arvind Subramanian
(c) H.R Khan
(d) Shakti Kant Das
Ans. (a)
Related facts:
- On 16 September 2016 the Chief Economic Advisor-led panel submitted the report titled ‘Incentivizing Pulses Production Through Minimum Support Price (MSP) and Related Policies’ to Finance Minister Arun Jaitley.
- The panel was set up in the wake of a recent surge in retail prices of pulses.
- The committee suggested that the government procurement machinery should be in “high gear” to ensure procurement of kharif pulses at this season’s already-announced minimum support price (MSP).
- Some other key recommendations are:
- Efforts to be made to give production subsidies to farmers for growing pulses in irrigated areas of about Rs 10-15 per kg to be given via DBT.
- Supply of pulses to increase 8%.
- The purchase and sale of pulses to be reviewed weekly.
- Production of pulses should be increased from 3 percent to 8 percent.
- It suggested elimination of export ban on pulses and stock limits, and more generally, the use of trade policy to control domestic prices, which induces policy volatility, should be avoided.
- Build up 2 million tons of pulses stock with targets for individual pulses, especially tur (3.5 lakh tonnes) and urad (2 lakh tonnes).
Reference:
http://ddinews.gov.in/Business/Business%20-%20Top%20Story/Pages/cea.aspx
http://finmin.nic.in/reports/Pulses_report_16th_sep_2016.pdf
http://www.business-standard.com/article/pti-stories/announce-higher-msp-for-pulses-speed-up-procurement-cea-panel-116091600697_1.html