N K Singh
World Bank needs to restructure itself, attract private capital: N K Singh
The World Bank needs to reinvent and restructure itself so as to become 'better, bolder and bigger' and harness private capital on the strength of its own balance sheet, said N K Singh, Co-Convenor, Expert Group on MDB Reforms. The World Bank should also look at the possibility of tapping pension funds to increase its capital base and its capacity to fund development projects in developing nations. "Bretton Woods was the first one, it certainly needs to be reinvented, restructured and recreated. But there is no substitute for multilateral cooperation. and that's why better, bolder and bigger," Singh said at a panel discussion at the Raisina Dialogue, 2024. A high-level expert group, led by N K Singh and former US Treasury Secretary Larry Summers, was set up by the G20 under India's presidency. In its report, the group had proposed a 30-point roadmap to reform Multilateral Development Banks (MDBs) and triple their lending by 2030, which includes attracting private investors and ...
 "World Bank needs to restructure itself, attract private capital: N K Singh")
India becoming middle income country within realms of possibility: NK Singh
Talking about the challenges that India needs to address, he stressed the need for ensuring the sanctity of contracts across governance
 "India becoming middle income country within realms of possibility: NK Singh")
MDBs need to be bolder, bigger: 15th Finance Commission chairman N K Singh
The Delhi declaration which came after the submission of volume one was very positive
 "MDBs need to be bolder, bigger: 15th Finance Commission chairman N K Singh")
G20: Communique need not distract us, action happening, says FM Sitharaman
"There is a tremendous appreciation that the agenda we are taking forward is of concern to all of us", the FM said
 "G20: Communique need not distract us, action happening, says FM Sitharaman")
'Parliamentary illiteracy' on fiscal issues needs to be overcome: N K Singh
Former finance commission chairman calls for having a fiscal council to debate policy issues
 "'Parliamentary illiteracy' on fiscal issues needs to be overcome: N K Singh")
IMF revising India's growth forecast is 'gross under estimation': N K Singh
N K Singh, Chairman of the 15th Finance Commission, on Tuesday said the IMF's decision to revise India's potential growth forecast downwards to 6 per cent
 "IMF revising India's growth forecast is 'gross under estimation': N K Singh")
The Morning Show, Ep 3: Troubled carmakers, retro tax headway, & T+1 cycle
Why do top global carmakers fail in India? Will Cairn settlement herald the end of India's retro tax migraine? What will T+1 settlement cycle change for Indian markets? Get answers in this episode
 "The Morning Show, Ep 3: Troubled carmakers, retro tax headway, & T+1 cycle")
N K Singh succeeds Manmohan as president of IEG
Singh has been the chairman of the Fiscal Responsibility and Budget Management review committee and also served as member of the Rajya Sabha (2008 -2014)
 "N K Singh succeeds Manmohan as president of IEG")
BS-Seema Nazareth Award: NK Singh calls for Parliament, GST, health reforms
Finance Commission Chairman shares his vision to make the economy deliver over next 30 years
 "BS-Seema Nazareth Award: NK Singh calls for Parliament, GST, health reforms")
N K Singh bats for health DFI, moving sector to concurrent list
'Health is not part of the concurrent list. In light of the pandemic, it's high time we move health as a subject in the concurrent list,' said N K Singh at an event
 "N K Singh bats for health DFI, moving sector to concurrent list")
15th Finance Commission chairman N K Singh rues lack of fiscal institutions
Says states don't have fiscal flexibility for exigencies as Centre has
Opted for predictability in deciding tax devolution to states: N K Singh
Rajya Sabha MP Sushil Kumar Modi highlighted that the share of divisible pool is slowly shrinking as the ''cess and surcharge'' component in Gross Tax revenue is increasing
Anti-competition law must be strengthened: 15th FC chairman N K Singh
Singh was addressing the sixth edition of the national conference on economics of competition law.
 "Anti-competition law must be strengthened: 15th FC chairman N K Singh")
Finance commission recommendations aren't a one-day match: N K Singh
In a Q&A, the chairman of the 15th Finance Commission is emphatic that cooperative federalism remains robust and dwells on the possibilty of dividing agro infra cess between Centre and states
Finance Commission keeps tax devolution for states at 41% in FY22
With grants, the transfer is roughly 50-50 of divisible tax pool between Centre, states; N K Singh says Commission worked without any bias
 "Finance Commission keeps tax devolution for states at 41% in FY22")
Need to revisit Constitutional provisions on federal structure: N K Singh
Singh also called for moving to a fiscal deficit range rather than a specific number to better judge expenditure outcomes of states
 "Need to revisit Constitutional provisions on federal structure: N K Singh")
Governance at close quarters
Book review of Portraits of Power: Half a Century of Being at Ringside
 "Governance at close quarters")
GST not a perfect system, requires changes, rate rationalisation: N K Singh
Says finance commission's job is to reconcile divergent objectives
Increase health spending to 2.5% of GDP, says 15th FC chairman N K Singh
Bats for a PPP model to address the deficit in health infrastructure
Amid grim fiscal outlook, this 'act of god' could salvage Sitharaman's Budget
If the Finance Commission recommends a smaller tax share for states, the Centre will get more money. On what that would do to 'cooperative federalism', you don't need to guess, writes T N Ninan
