Budget speech by Finance minister. URL:[http://punjabgovt.nic.in/departments/Budget/budget/budget.htm].

State of the Economy and prospects. URL:[http://www.indiabudget.nic.in/es2010-11/echap-01.pdf].

This paper studies the leadlag pattern in the interaction between credit and growth cycles of India at three levels i.e. at the aggregate level for annual GDP growth, at the sectoral level across agriculture, industry and services, and also across major industries. The study focuses on three...

Review of : India’s Long-Term Growth Experience: Lessons and Prospects by Sadiq Ahmed. Sage India, New Delhi, February 2007.

Through the use of secondary data, field visits and focus group discussions, this study explores the dynamics of the evolution of the economic life in Greater Faridpur over the last 100d years (1910-2010). Such investigation suggests that there have been large increases in population and...

China’s expected growth slowdown - from 10.3 per cent yoy in 2010 to 8.9 per cent this year and 8.3 per cent in 2012 - will impact the global economy. An in-depth look at how important China really is for the rest of the world. Also, potential speed bumpers ahead that might lead to...

Successive finance ministers have been calling the public sector banks “to brace for a wave of consolidation†to become global players. However, calling for world-beaters does not produce them; visionary and consistent policy does.

The Indian economy reached the trillion US dollar GDP milestone in 2007 and joined other countries of the trillion dollar club, namely, the US, UK, Japan, Germany, China, France, Italy, Spain, Canada, Brazil and Russia. In fact, over the period 1960 to the late 1980s, India’s GDP in US...

The purpose of this paper is to pursue the implications of closing, in the sense of rendering determinate, the Sraffa equations of production, prices and distribution [Sraffa (1960)] by adding to them demand equations of the type estimated in Stone’s (1954) linear expenditure system. The...

The investment climate of a region reflects the location specific factors that provide opportunities and incentives for firms to invest, create jobs, and expand. A good investment climate removes unjustified costs, risks, and barriers to competition and encourages firms to invest and...