Improve common man's standard of living: Arvind Subramanian
New Delhi [India], July 19 (ANI): Days after the Indian economy was placed sixth based on GDP numbers by the World Bank, outgoing Chief Economic Adviser Arvind Subramanian on Thursday said the Centre's current priority should be to enhance the standard of living of common man.
"These rankings (World Bank data) have a lot to do with sizes of the economy. The Centre's aim should be to improve the standard of living of common man, such that it becomes the best in the world," Subramanian told ANI.
When asked about the current outlook of the economy, Subramanian said the government should continue to implement more reforms.
"The government should make sure that the economy is stable. More reforms should be implemented, as these can help improve the situation of growth and employment. There are external pressures stemming out of crude oil prices and trade war. However, the economy is recovering," he said.
Subramanian, who served as the Chief Economic Adviser since October 2014, stepped down on June 20, to return to the United States on account of family commitments.
He will be returning to the States to teach at Harvard University. (ANI)
This story has not been edited. It has been published as provided by ANI
National Unity Day: A tribute to Sardar Patel | Master Stroke
What all changed after J&K officially bifurcated into 2 UTs? | Master Stroke
Israeli spyware Pegasus snooped on Indian Journalists through Whatsapp | Master Stroke
Maharashtra: Shiv Sena's Sanjay Raut Meets Sharad Pawar
Drill displays IED diffused with the help of a robot by NSG
Article 370 only gave separatism and terrorism to J&K: PM Modi in Kevadiya
Let us work towards making India $5 trillion economy: Modi To Trainee Civil Servant | Full Speech
Radio Stations in Jammu, Srinagar and Leh renamed
Jammu and Kashmir to witness 'Acche Din'? | Seedha Sawal
Expert advice on how to survive poor air quality in Delhi-NCR