Special Report on
Indian monetary reform
Indian monetary reform - Trends
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of post-independence India, the country began to experience rapid economic growth, as markets opened for international competition and investment. In the 21st century, India is an emerging economic power with vast human and natural resources, and a huge knowledge base. Economists predict that by 2020, 10 India will be among the leading economies of the world. India was under social democratic -based policies from 1947 to 1991. The economy was characterised by extensive regulation , protectionism , public ownership, pervasive corruption and slow growth . 11 12 13 14 Since 1991, continuing economic liberalisation has moved the ...
with some minor value added on the budget-at-a-glance is useful in thinking about what happened. In it, I have removed the SBI transaction of Rs.40,000 crore which is just accounting entries between MOF and RBI. I like to use the `best available estimates' in comparing the three recent years, which involves using actuals for 2005-06, revised estimates for 2006-07 and budget estimates for 2007-08. Feb 2007 is a bad time for economic policy. The UPA is worried about its political future, thanks to high inflation and two lost state elections. This stress is generating an interest in ... Read More
SURVEY RESULTS FOR
INDIAN MONETARY REFORM
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