India;s Economic Development and Policies
css Economic Development and Policies 0
The following are the highlights of the second bi-monthly monetary policy for 2017-18 as announced by the RBI: * Repo rate unchanged at 6.25%, * Reverse repo unchanged at 6% * Statutory Liquidity Ratio cut by 0.5% to 20% * Growth forecast for 2017—18 lowered to 7.3% from 7.4% * Inflation projected at 2—3.5% for […]
css Economic Development and Policies, Economy (English) 0
GST is one indirect tax for the whole nation, which will make India one unified common market. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which […]
css Economic Development and Policies Interview Special 0
The GDP growth estimate of 7.1 per cent for 2016-17 put out by the Central Statistics Office (CSO), barely changing from the earlier estimate (first advance estimate), has again flummoxed economists. If the latest growth numbers are indeed credible, then the cash crunch after demonetisation has had no impact on economic growth. But, aside from […]
css Economic Development and Policies 0
Official data released on (February 28, 2017) showed that demonetisation hasn’t pushed the economy into a retreat as most feared, with its short-term adverse impact to a large extent restricted to construction and financial services. Real GDP growth in the December quarter, in the midst of which the note ban came into effect, came in […]
spsharma Economic Development and Policies 0
According to a new report from the OECD, the Indian economy is expanding at a fast pace, boosting living standards and reducing poverty nationwide. Further reforms are now necessary to maintain strong growth and ensure that all Indians benefit from it. The Survey, launched (March 1, 2017) in New Delhi by OECD Secretary-General Mr. Angel Gurria and […]
Shekhar Sengar Economic Development and Policies Interview Special 0
India is struggling with its expenditure management since the Economic crisis of 1991. The fiscal deficit of India had touched unmanageable level at 8.4 per cent of GDP in 1991 and it was panned to bring it down to 4.5 per cent by 1996. Indian government was able to contain the fiscal deficit to the […]
spsharma Economic Development and Policies economi development 0
Positive Developments in the Indian Economy Consumer Price Index The all India general CPI (Combined) for January 2017 stands at 3.2% as compared to 3.4 % in December 2016. The inflation rates for rural and urban areas for January 2017 are 3.36% and 2.9% respectively as compared to 3.83% and 2.9% respectively, for December 2016. Rate of […]
Shekhar Sengar Economic Development and Policies budget 2017, economic survey 0
The Economic Survey 2016-17 was tabled in Parliament on January 31. It was prepared by the finance ministry’s chief economic adviser Arvind Subramanian. The economic survey has presented a picture marked by both hope and despair. It has expressed some major concerns and suggested ways to overcome them. Among the measure concerns noted is slowdown […]
Shekhar Sengar Business and Economy, Economic Development and Policies budget 2017 0
Courtesy: Indiabudget.nic Key Features of Budget 2017-2018-Union Budget & Economic Survey (Read An Analysis of Economic Survey here) INTRODUCTION • In the last two and half years administration has moved from discretionary, favouritism based to system and transparency based • Inflation brought under control. CPI-based inflation declined from 6% in July 2016 to 3.4% in […]
spsharma Economic Development and Policies 0
IMF in its latest update on World Economic Outlook has cut India’s economic growth rate forecast by one percentage point to 6.6 per cent for 2016-17 — from its earlier estimate of 7.6 per cent because of the effect of demonetisation on consumption and payments. If the projection holds true, the fastest growing large economy in the world […]
