|Effects of inflation | | | |4 |Causes of inflation | | | |5 |Controlling inflation | | | |6 |Current situation of inflation in India |
Words: 13670 - Pages: 55
2009-10 Monetary Policy review | Here is the Policy Review statement, which should be read and understood together with the detailed review in Macroeconomic and Monetary Developments released on Thursday by the Reserve Bank. The statement is organised in four sections. Section I provides an overview of global and domestic macroeconomic developments; Section II sets out the outlook and projections for growth, inflation, money and credit aggregates. Section III explains the stance of monetary policy
Words: 4212 - Pages: 17
:-Done by Sunil Kumar and Ajeet verma Indian economy before us recession India had been growing robustly at an annual average rate of 8.8 per cent for the past five years (2003-04 to 2007-08). This was higher than the potential growth rate of output as estimated by the IMF. The strong Indian growth story, based on its structural strengths of a young population, skilled manpower, rising savings and investment rates, large unfulfilled domestic demand and globally competitive firms attracted
Words: 3932 - Pages: 16
The Monetary & Fiscal Policies in Support of Economic Transformation and Inclusive Growth in Nigeria Abubakar M. G 1. Department of Economics, Umaru Musa Yar’adua University, Katsina 2. Central Bank of Nigeria, Katsina. Phone: 08032838408 and 08023563415 Central BanEmail: gazayks@yahoo.com and magarzali@cenbank.org 1.1 Abstract There is a plethora of literature on Monetary/Fiscal Policies - economic development nexus. This has prompted renewed interest in inclusive Growth. This probably
Words: 2761 - Pages: 12
changes. Such policy measures are in the form of monetary, fiscal and non-monetary measures. Monetary Measures for Correcting the BoP ↓ The monetary methods for correcting disequilibrium in the balance of payment are as follows :- 1. Deflation Deflation means falling prices. Deflation has been used as a measure to correct deficit disequilibrium. A country faces deficit when its imports exceeds exports. Deflation is brought through monetary measures like bank rate policy, open market operations
Words: 5627 - Pages: 23
Introduction: The Economic reforms currently underway in India represent both continuity and a break with India's post-independence development. Its main objective is to restore sustained high growth to alleviate poverty and raise the standard of living. Development of Thought: Changes in the policy packages towards deregulation, liberalization and opening up of the economy were initiated in the late 70s and early 80s but it was not until 1991 that major economic reforms were undertaken. The major
Words: 4584 - Pages: 19
RBI'S MONETARY POLICY INITIATIVES SINCE 2008-09 AND ITS EFFECTIVENESS IN CONTAINING INFLATION PROJECT OF MACROECONOMICS ON “RBI’S MONETARY POLICY INITIATIVES SINCE 2008-09 AND ITS EFFECTIVENESS IN CONTAINING INFLATION” SUBMITTED BY ARPIT PANGASA (11DM032) GUNJAN GODWANI (11DM052) RIDHI PRASAD (11DM122) UNDER THE GUIDANCE OF PROF. JAGDISH SHETTIGAR BIRLA INSTITUTE OF MANAGEMENT TECHNOLOGY, GREATER NOIDA RBI'S MONETARY POLICY INITIATIVES SINCE 2008-09 AND ITS EFFECTIVENESS
Words: 8844 - Pages: 36
ECONOMIC SURVEY – 2015-16 Union Finance Minister Arun Jaitely on 27 February 2015 presented Economic Survey of India 2014-15 Economic 2014 in the Parliament. The Economic Survey reviews the developments in the Indian economy over the previous 12 months, summarises the performance on major development programmes and highlights the policy initiatives of the government and the prospects of the economy in the short to medium term. Main Highlights of the Economic Survey 2014 2014-15 • • • • • • •
Words: 933 - Pages: 4
Dollars someone would need to buy one Indian Rupee. Exchange rate provides a clear indication of the health of the economy. The other macroeconomic indicators like the interest rate, inflation rate and industrial production, all have a strong influence on exchange rate as well. The policy issued by the monetary authorities and the government also play a major role in exchange rate movements. Exchange rate can be floating or pegged – floating exchange rate is determined by the market forces of
Words: 888 - Pages: 4
disinvestment and maximum outflow of capital, especially in Dubai stock exchange crash. 3-Foreign investment in 2007 was $ 700,63.5 million but in 2008 only $329 million. 4-Soaring oil prices due to increased demand from growing economics of China and India, Iraq crisis, Iran holding its oil export, devaluation of Dollar after Iraq invasion and limited supply by OPEC, refusal of Saudi Arabia to enhance its oil supply.
Words: 2046 - Pages: 9