The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in … the consequences of such policy measures in India, particularly during the period of the global recession. Not only did … India, this paper concludes that such monetarist policy measures have been responsible for stagnation, with a rise in price …

in India particularly from the fiscal point of view. The study also examines the influence of other potential … expansionary one, signifying the asymmetric influence of monetary policy actions on the inflation of India. Similarly, in a supply … it is the first study in case of India to identify the fiscal INF in an asymmetric configuration. The authors applied a …