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Nobel laureate Esther Duflo, Raghuram Rajan, Arvind Subramanian named in Tamil Nadu CM’s economic advisory panel

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Raghuram Rajan

The Tamil Nadu government on Monday named Nobel laureate Esther Duflo and former Reserve Bank of India Governor Raghuram Rajan as part of a five-member Tamil Nadu Chief Minister MK Stalin’s economic advisory council.

The other members in the council are former Chief Economic Adviser Arvind Subramanian, development economist Jean Drèze and former Union Finance Secretary S Narayan.

The advisory council is being formed to guide Tamil Nadu Chief Minister MK Stalin to chart out inclusive economic growth for the state managing the state’s economic and social policies.

Establishment of the new council comes days after Chief Minister Stalin met Prime Minister Narendra Modi in Delhi.

In his ceremonial address during the first session of the 16th state legislative assembly in Chennai on Monday,  Governor Banwarilal Purohit said the newly-elected Tamil Nadu state government will constitute an economic advisory council to the chief minister with leading economic experts from all over the world as its members.

Governor announced the council while addressing the state Assembly at its first sitting since the Dravida Munnetra Kazhagam-led government assumed power.

Purohit said based on the recommendations of this council, the government will revitalise the state’s economy and ensure that the benefits of economic growth reach all segments of society.  He said the government will focus on improving the fiscal position and bringing down the debt burden. A white paper detailing the true state of Tamil Nadu’s finances will be released in July.

Purohit said the economic advisory committee and other groups will study the financial situation of the state and changes will be made accordingly to make the state’s economy stronger. Purohit concluded his speech by saying DMK-led government will be a people’s government and not the party’s.

This will be the first step towards bringing down the overall debt burden and improving the fiscal position, the governor said. The state government said the council will meet in person, or virtually, to fulfill its responsibilities and will decide its own operational modalities to achieve its objectives.  

In its notification, the state had said that the fiscal situation of Tamil Nadu is precarious with persistent high revenue and fiscal deficits and a large overhang of debt. At the same time, expectations of people are very high that the government will deliver on faster economic growth, social justice and equality in the state.

The state government has a Rs 5 lakh crore debt and interest payment for this is a huge challenge, particularly amid the pandemic.

Read Also: Chirag Paswan accuses Nitish Kumar of anti-Dalit mentality, says will expose true face of Kumar

Ahead of the April election the DMK had promised a cut in fuel prices, a monthly allowance of Rs 1,000 for housewives and waiver of student educational loans, none of which were mentioned by the Governor in his address.

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Danish Ali calls his suspension unfortunate, says he would continue to raise his voice against injustice, corruption

Danish Ali took to X(formerly Twitter) after his suspension, Ali said he made all diligent efforts to strengthen the BSP and would continue to oppose the anti people policies of the central government. He thanked the part chief Mayawati, for making him the BSP Parliamentary party leader

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Lok Sabha MP Danish Ali was suspended by Mayawati-led BSP on Saturday for allegedly indulging in anti party activities. He termed his suspension unfortunate and said he would continue to raise his voice against injustice and corruption.

Danish Ali took to X(formerly Twitter) after his suspension, Ali said he made all diligent efforts to strengthen the BSP and would continue to oppose the anti people policies of the central government. He thanked the part chief Mayawati, for making him the BSP Parliamentary party leader. Ali said if raising his voice against injustice was a crime, he was ready to face punishment.

Talking to the media in a press conference, Ali denied indulging in anti party activities and said he always walked the BSP’s line. On Friday Ali sided with the opposition and slammed the expulsion of Trinamool Congress (TMC) leader Mahua Moitra as a Lok Sabha MP. He slammed the BJP led central government, saying its brute majority in the Lower House did not mean it could throttle the opposition.

The BSP is not a member of the rulling BJP-led NDA or the Opposition INDIA bloc. The BSP on Saturday suspended its MP Danish Ali for allegedly indulging in anti party activities. Ali has been representing the Amroha Lok Sabha constituency in Uttar Pradesh since 2019.

In a statement issued by the BSP national general secretary Satish Chandra Misra, Ali had been warned by the party many times in the past not to indulge in anti party activities. The BSP said Ali had been working with HD Deve Gowda of the Janata Dal (secular) party. At that time, both the BSP and JD(S) were contesting together in the Karnataka state election. After the Karnataka election Ali was given a ticket from Amroha and asked to contest from there due to Devegowda’s insistence. Deve Gowda had said the party had decided to suspend Ali with immediate effect.

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Watch: Lalu Prasad Yadav offers prayers at Tirupati with family members

Bihar deputy minister Tejaswi Yadav said he had come here with his family, his mother, father, his wife, brother and his daughter Katyayani to seek blessings of Lord Balaji. He said his daughter Katyayani had her Mundan ceremony. He said the whole family prayed for everyone’s well being so that India moves forward and everyone prospers.

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Rashtriya Janta Dal President Lalu Prasad Yadav, his wife Rabri Devi, their son Tejaswi Yadav and their son Tejaswi Yadav and their family offered prayers at Tirupati Balaji Temple in Andhra Pradesh on Saturday. The Yadav family participated in the Suprabhatam seva, the first pre-dawn seva performed in the temple of Lord Venkateshwara.

Bihar deputy minister Tejaswi Yadav said he had come here with his family, his mother, father, his wife, brother and his daughter Katyayani to seek blessings of Lord Balaji. He said his daughter Katyayani had her Mundan ceremony. He said the whole family prayed for everyone’s well being so that India moves forward and everyone prospers.

The Yadav family reached Tirumala on Friday. They offered prayers to Lord Balaji in the early hours of Saturday which is also Tejawi Yadav’s wedding anniversary. Tejaswi Yadav took to X(formerly Twitter) and wrote this morning he received energy and blessings from Lord Venteshwara by worshiping and having a darshan at Lord Shri Tirupati Balaji Temple with his family. He said Tirupati Balaji Temple is a wonderful example of excellent craftsmanship and a symbol of devotion, faith and reverence, located in the Tirumala mountains of Andhra Pradesh.

Yadav said the family prayed for prosperity, peace and happiness and welfare of the state of Bihar. He said today on the day of his marriage anniversary, the Mundan Sanskar of daughter Katyayani was also performed. Yadav shared his love for travelling to spiritual places.

He said spiritual, historical and mythological places give out positive energy and it is a means of gaining knowledge, divine intervention, spiritual solace, self realization, meditation and helps in making a connection with God. He said this helps in personal and community development and helps to understand the reason for basic purpose of life.The post has gone viral on social media with 3,38,600 views

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Watch: Maharashtra CM Eknath Shinde drives a tractor at cleanliness drive at Juhu Beach

Maharastra Chief Minister Shinde inspected the paddy crop damaged due to unseasonal rain at Tarsa in Nagpur district. Deputy Chief minister Devendra Fadnavis accompanied CM Shinde and Agriculture Minister Dhananjay Munde.

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Maharashtra Chief Minister Eknath Shinde on Saturday, paid tributes to Mahatma Gandhi in Mumbai. He also participated in a cleanliness drive at Juhu Beach A video circulating on social media shows Maharashtra chief minister Eknath Shinde driving a tractor while participating in the cleanliness drive at Juhu Beach.

The video has got 60,700 views on X(Formerly Twitter). Large number of comments started coming on the social media post. One user said this whole thing is a one day drama. Another user said this is a foolish gimmick by the chief minister.

Earlier on Thursday Shinde inspected the paddy crop damaged due to unseasonal rain at Tarsa in Nagpur district. Deputy Chief minister Devendra Fadnavis accompanied CM Shinde and Agriculture Minister Dhananjay Munde. Besides Mauda Taluka, large scale damage has been reported in Ramtek Parshivani taluka.

In Nagpur district a total of 124 villages have been affected by rain, 852 hectares of crop has been damaged Earlier on November 27, Natrionalist Congress Party (NCP) MP Supriya Sule urged the  Maharashtra government to help the farmers after unseasonal rains damaged crops across the state of Maharashtra.

Sule said Maharshtra is standing at a difficult turn. She said a lot of damage has been caused by untimely rains. She said everybody should start to work with sensitivity for the state and farmers. She requested the Maharashtra government to immediately call a team from Delhi, and a full inspection should be carried out.

Sule said the central government should give more funds to Maharashtra. She said wherever farmers have incurred losses, the loans should be waved off. She said she is going to present this issue in Lok Sabha and Rajya Sabha. Heavy rains on Sunday had caused heavy damage to the crops including leafy vegetables, sugarcane, tomatoes, onions and grapes.

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