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The definition of money supply is in an evolving process in India since 1961. Indian economists use the terms 'money', 'money supply' and 'money stock' synonymously. Despite the definitions of money in the context of India provided by RBI and Indian monetary economists there was a feeling...
Persistent link: https://www.econbiz.de/10014211086
Indian legal frame compels the central bank of the country to increase money supply through financing fiscal deficits and thus fuels inflation, but, the liberalization of the economy has neutralized such inflationary potential. This article shows that the influence of such deficit financing on...
Persistent link: https://www.econbiz.de/10014211090
The government of India has started Economic Reform program following the guidelines of IMF and World Bank with a number of ends keeping in view, one of which is that this program would boost up the annual growth of GDP. This paper examines and forecasts the trend of GDP during pre and post...
Persistent link: https://www.econbiz.de/10014211137