Subhash Chandra Garg

With Rs. 10 cut on diesel and petrol, 50% of excise duty is gone. Third surgical strike on taxes. Remaining firepower is sticky and has adverse consequences for capex. If crude remains over $100 per barrel, expect increase of Rs. 10 in June-July. My oped. deccanherald.com/opinion/rs-10-…

@kbssidhu1961 @TheQuint Same person who designed these two devices- NSSF loans for food subsidy and FSBs. The same person had also executed demonetisation.

@Subhashgarg1960 @TheQuint Would you let us know who suggested the format of the sovereign gold bonds?

Sitaraman made too much noise about oil bonds burden left behind by UPA. While oil bonds were issued in a fiscally improper way, it did not amount to additional burden for Modi govt. Modi govt used worse methods while using NSSF and issuing FSBs. My oped. thequint.com/opinion/nirmal…

Undisguised partisan functioning of ECI in West Bengal is upending India’s federal polity and institutional mechanism. This election is a critical battle for survival of our federal constitution. Will ECI succeed or fail? What happens thereafter? My oped. deccanherald.com/opinion/west-b…

Mismanagement of foreign currency reserves and rising vulnerability on account of weak capital account assets liability get aggravated by shocks like Strait of Hormuz oil and gas crisis. Rupee is knocking at 100 to a dollar. Is there a bottom? My oped. thequint.com/opinion/fallin…

#WestAsiaCrisis | What do you believe are the knock-on effects? The government is saying no need to panic; is it misplaced optimism or a real thing? One good thing about this current government has been that it tries to keep the petroleum price as stable as possible, it has done that for the past 10 years: @Subhashgarg1960, Former Secretary, Finance, Power & DEA #WestAsiaCrisis #OilPrices #CrudeShock #IndiaEconomy #ExciseDutyCut #TheHardFacts | @RShivshankar

There is a typo. It is totally unprofessional, not professional.

Atanu Chakraborty did a great disservice to HDFC Bank, it’s shareholders and depositors by citing vague grounds and his undisclosed personal values to resign as it’s chairman. This amounts to a totally professional and unproductive conduct. My opinion. thequint.com/opinion/hdfc-b…

Competition has no substitute. Without competition, industries remain inefficient.⚡ - Subhash Chandra Garg, Former Finance Secretary of India, at Vadodara Literature Festival 4.0 by Parul University & I.I.M.U.N. A clear call for reform, participation, and real competition. 🚀

The escalating crisis in the Strait of Hormuz has now reached an alarming peak. Former Finance Secretary @Subhashgarg1960 analyses the uncertainty factors that India might be exposed to in the coming weeks. Read: thequint.com/opinion/india-…

My TEDx talk on growth and jobs, especially in current context when GDP will be rising thanks to AI productivity wave but not jobs. From GDP to Opportunities: Empowering Young Minds | Subhash Chandra Garg... youtu.be/m-7sUZ7Jug4?si… via @YouTube

@patralekha2011 These options have been there for many decades. Political interests have come in the way.

Question- why didn’t we have these ‘options’ in place as part of diversification strategy over the years ? What is our crisis preparedness? Or were we do sure that the war would end very quickly and all will be well? As an Indian citizen, would be good to know.

Trump-Netanyahu war on Iran is causing collateral damage in India. Our excessive dependence on natural gas from Middle East is unnerving homes, restaurants and businesses. What are our options to reduce dependence? All difficult and long-term. My oped. thequint.com/opinion/india-…

While disruption caused by American-Israeli bombing of Iran is very timely, it is also necessary to assess India’s defence preparedness. I raise some critical questions. Is India’s defence budget fit for purpose? Where is our fighter jet induction going? deccanherald.com/opinion/troubl…

क्रूड में कल छलांग, आज धड़ाम क्यों फिसला कच्चा तेल? क्या कच्चे तेल में बुझ गई आग? क्रूड में आगे क्या होने वाला है? देखिए पूर्व वित्त सचिव सुभाष चंद्र गर्ग से खास बातचीत #CrudeOil #OilPrices #BrentCrude #CommodityMarket #EnergyMarket @MrituenjayZee @Subhashgarg1960

#CoverStory | टैरिफ रिफंड...ट्रंप को करंट ! ट्रंप को US ट्रेड कोर्ट से बड़ा झटका क्या होगा टैरिफ रिफंड प्रोसेस? US कोर्ट से ट्रंप को बड़ी मात ! टैरिफ पर पड़ गए लेने के देने देखिए पूर्व वित्त सचिव Subhash Chandra Garg और Anand Rathi Wealth Ltd. के Joint CEO Feroze Azeez से ज़ी बिज़नेस एंकर Deepak Dobhal की खास बातचीत #DonaldTrump #TariffWar #USTradeCourt #GlobalTrade @Subhashgarg1960 @feroze_azeez

New GDP series revealed bad news (nominal GDP down by Rs. 12 trillion, >3%). Why did it shrink so badly? Was it knowingly done in 23-24? Worst is 25-26 GDP contracting to $3.8 trillion, making it impossible for India to become 3rd largest economy by 2029. thequint.com/opinion/modi-g…

Southern states have been at receiving end of central government’s fiscal stick. Award of 16FC brings some fairness. Tax devolution formula is good and addresses Karnataka’s issues, partially. Revenue deficit grants have been rightly junked. My oped. deccanherald.com/opinion/is-16t…

A good outcome of bad Interim Trade Deal, Clueless India negotiated with Trump days before US SC ruled Trump tariffs illegal is that it called out India’s fears of opening agri trade. Can India renegotiate the deal from a position of strength now? It can. thequint.com/opinion/india-…