of Korea, United Arab Emirates (Dubai) and Vietnam, with whom India competes to get FDI and technology. The paper … concludes that all countries provide direct tax incentives to SEZs, and hence, if India wants to continue with the SEZ policy … exemptions. It makes policy recommendations on how to make the SEZ policy successful and an instrument of the "Make in India …

influence on long-term INR swap yields after controlling for other factors, such as core inflation, the growth of industrial … the short-term interest rate has an important influence on the swap yields. This implies that the Reserve Bank of India …

The paper reviews India's macroeconomic performance and policies since 2000. The first section briefly summarizes key … macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and … to deal with the challenge of the unprecedented surge in external capital inflows into India. The final section outlines …

This study analyses India's inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we … need three variables: (1) inflation (2) the output gap and (3) the real effective exchange rate. In India, the incorrect … composite consumer price index (CCPI) was the best measure of inflation, and should be used to construct the real effective …