Panaji, Feb 20 (IANS) There are far too few people in the government who can even prepare a budget, Reserve Bank of India (RBI) Governor Raghuram Rajan said Friday adding that well-trained economists were at a premium throughout the government sector.
"(There are) too few people who can prepare a budget, too few people who can do public debt management. We need far more capacity in government," Rajan said while speaking at an ongoing lecture series here.
The RBI governor's comment comes ahead of the budget session of Parliament, where union Finance Minister Arun Jaitley is expected to present the first full budget of the National Democratic Alliance government (NDA).
As the economy develops, the country would need specialists with domain knowledge and experience in many areas of governance and regulation and there are few going around, Rajan said.
"For instance, well trained economists are at a premium throughout the government. There are far too few Indian Economic Service officers to go around and I know because I was for a little while, the head of the service and got constant requests," Rajan said.
Modi to address farmers in next 'Mann ki Baat'
New Delhi, March 18 (IANS) Prime Minister Narendra Modi will address farmers in his next "Mann
20-year-old Indian-origin student murdered in the US, accused Korean roommate arrested
A 20-year-old Indian-origin student was murdered in the US state of Indiana. Varun Manish Chheda,
Odisha to scrap deals with Rio Tinto, Sesa Sterlite, Hindalco
Bhubaneswar, Feb 25 (IANS) The Odisha government has decided to scrap joint venture agreements
The fog that has been wreaking havoc across North India for the past several days subsided a bit
New Delhi, Feb 19 (IANS) It was a warm and sunny Thursday morning in the national capital as th
Lok Sabha elections are currently going on in the country. Voting has taken place in two phases.&
'The Nun 2', the sequel to the film 'The Nun' released in 2018, has been released in theaters tod
A video of an attack on two Sikh youths near Richmond Hill in New York has surfaced. According to
Veteran NC leader, Omar Abdullah's uncle dies
Jammu, Feb 24 (IANS) Veteran National Conference (NC) leader and uncle of former Jammu and Kash
Google doodle basks in India-Australia cricket frenzy
Sydney, March 25 (IANS) Internet giant Google has once again cashed in on the World Cup fever w
