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In this paper we bring out the performance of the Indian economy, and review the approach of macroeconomic policy especially demand management in the Indian economy. After the shock of the Global Financial Crisis (GFC), India’s economy did not dip much due to the well-directed fiscal stimulus...
Persistent link: https://www.econbiz.de/10014090181
Paper reviews India's growth performance since independence. Phrases suchas "Hindu Rate of Growth," sometimes make a telling comment and expose obscureeconomic data to a wider audience, but they can just as readily obscure reality byfocussing attention on the wrong issue. There is nothing in the...
Persistent link: https://www.econbiz.de/10011807532
The situation prior to the COVID, as brought out in Morris, Sebastian (2020), was problematic with major slowdown and heightened uncertainty in the financial sector in the last year before the Crisis. The response of the RBI, free from its conservative shackles, now followed the US into...
Persistent link: https://www.econbiz.de/10013306185
Persistent link: https://www.econbiz.de/10011807541
Water is the most valuable natural resource. The growing existence gap between Irrigation Potential Created (IPC) and Irrigation Potential Utilized (IPU) important issue for the Indian government in the perspective of supply of safe drinking water, demand for industrial and agricultural purpose...
Persistent link: https://www.econbiz.de/10014126340
Slowdown of industrial growth, particularly since the late sixties, had attracted a great deal of scholarly attention in India. That ongoing scholarly discussions created a debate which was in marked contrast to the relative consensus that prevailed in the professional economic circles in the...
Persistent link: https://www.econbiz.de/10012858419
Persistent link: https://www.econbiz.de/10000323962
The study provides a detailed review of the past fiscal trends in India, analyzes the current fiscal situation at the Centre and the States and attempts to project the likely alternative scenarios for the future. The study identifies the possible corrective measures that need to be taken to...
Persistent link: https://www.econbiz.de/10014112581
Declining profitability of rice cultivation, changing patterns of food demand in the rapidly growing cities and liberalized Indian economy putting challenges before the planners and policy makers to maintain a steady growth of food grain production to feed the growing population and at the same...
Persistent link: https://www.econbiz.de/10014130424