With relaxation in bad tax and other efforts of govt., will we overcome the cycle of recession soon?
This acceptance gives the government a bonus transfer of Rs. 86,000 crores over and above the budgeted Rs. 90,000 crores
On abrogation of Article 370, Gopalakrishnan said it will definitely boost the economy of Jammu, Kashmir and Ladakh, but did show keen interest to invest there because he has not so far invested beyond South India so far.
QE is tool which is used widely by Central banks & came more into limelight in early March 2015 when ECB launched a QE program.
India needs an economist who learnt Indian thought and knows what exactly India needs than what he has studied as an economist that India needs.
Raghuram Rajan conveniently ignored the fact that of increment in saving doesn’t guarantee more purchasing power. And this is what exactly happened during his regime.
From the country’s perspective, the need of the hour from the new governor is the delineation of an agile credit delivery structure that meets the demands of all sectors of the economy.