The overall picture is of serious impediments in some segments that require urgent reform or resolution if encouraging private investment is a policy priority.
The critics point out though that India was no exception—it benefited hugely from the collapse in international oil, food and commodity prices in a persisting global deflationary ecosystem.
Weighed down by lower tax revenues, empty non-tax revenue coffers and expenditure compression, the fiscal fallout could hurt private investment and growth.
No convincing explanation emerged for their continuous, steep fall. A tentative Proposition is there may be an explanation in Friedman’s Permanent Income hypothesis.
The central bank must conduct an in-depth research study to examine why food prices are not restoring despite significant cost pressures and price support
to create fiscal space the govt must prune the fsa by either reducing the number of FSA beneficiaries/the quantity assured to them or raising subsidised prices.
Off-budget public capex seems to be pressurising the long-term bond yields, as the central government has not meaningfully lowered the stock of public debt
The government has proactively managed food supplies and prices through procurement, imports, stocking, releases through open market sales and public distribution, export duties and restrictions, stockholding and inter-state
Rate hike was inevitablE, but sticking to neutral stance risks MPC’s credibility. Amid oil prices, weakening ` AND global financial conditions, Little Reason for the stance.
Indian women score disproportionately low on ordinary functions such as savings and borrowings: of more than three-fourths who have a bank account, less than a fifth (16.7%) save formally, i.e., at banks.
Readers should recollect how banks refused to raise respective base rates even when RBI, under Raghuram Rajan, increased policy rates by 75 bps in September 2013 to January 2014.
The halo around “food-supply management” is out in the open. Four years ago, a new government started with the grand standing of economic policy-making: it would lower MSPs (minimum support prices) for cereals to help sta
Budget 2018: Most markets participants were focussed primarily on long-term capital gains tax. We saw a significant price correction in small and mid-cap stocks in the run-up to the Budget 2018.
In the years following the 2008 crisis, the world’s major economies almost begged for a little more inflation. They ran ultra-easy monetary policies to stave off potential threats to a deflationary situation.
