Economy Notes

Contents India under the British Rule. 2 Inflation in India. 6 Monetary Policy of India. 6 Read moreEconomy Notes

Public Debt

When a government spends more than it collects in taxes, it borrows from the private sector to finance the budget deficit. The accumulation of past borrowing is the government debt. A tax cut stimulates consumer spending and reduces national saving. The reduction in saving raises the interest rate, which crowds out Investment. As per Solow’s … Read more

Chhattisgarh Public Finance and fiscal Policy,

State of the economy:- According to 14th Planning Commision, During the last two plan periods, Chhattisgarh had achieved a Growth rate comparable to national level. For the first two years of Twelfth plan, its growth rate had been better than that of all India. Primary Sector provides sustenance to nearly 80 per cent of the … Read more

Chhattisgarh Public Finance and fiscal Policy

In the Year 2014, Chhattisgarh ranked as the best performing state in most of the key fiscal parameters, according to a Reserve Bank of India (RBI) study. According to the study, Chhattisgarh has done reasonably well in spending its Money in developmental sector, one of the key parameters to judge States overall performance. As per … Read more

Chhattisgarh: Commerce

  Chhattisgarh is ranked four in terms of doing business in India among the other Indian States. S. No. Particulars 2015 2016 1 Ranking as per DIPP& World Bank 04 04 2 Implementation Scorecard 62.45 % 97.32% 3 Reform points 285 reforms 340 reforms   A lot of steps has been taken to enhance commerce … Read more

  Chhattisgarh: Budget

  Chhattisgarh Chief Minister Raman Singh presented a Rs. 73,996 crore budget for the year 2016-17 in the State Assembly. This is hoped that the GDP of the State would remain at 7.6 per cent in the coming year. Special focus and attention was given to agriculture sector in the budget. Government have provided Rs.540 … Read more

BPO (Business Process Outsourcing)

BPO (Business Process Outsourcing) Business process outsourcing (BPO) is a method of subcontracting various business-related operations to third-party vendors. Although BPO originally applied solely to manufacturing entities, such as soft drink manufacturers that outsourced large segments of their supply chains, BPO now applies to the outsourcing of Services, as well. Many businesses, from small startups … Read more

Andhra Pradesh budget 2019-20- Analysis

Andhra pradesh budget 2019-20 Economic outlook of Andhra pradesh GDP The Growth rate of Andhra Pradesh’s GDP (at current prices) has marginally decreased from 15.4% in 2016-17 to 15.3% in 2018-19. Fiscal Deficit In 2019-20, Andhra Pradesh’s fiscal deficit is estimated to be Rs 35,261 crore, which is 3.3% of the GDP. The estimate is … Read more

Enabling Legislations, Financial And Procedural Incentives, And Business Opportunities For Investors (2)

 Enabling legislations, financial and procedural incentives, and business opportunities for investors Today, economy of India is the seventh largest in the world by nominal Gross Domestic Product (“GDP”) and third largest by purchasing power parity and the annual Growth rate of GDP has been 7.3% from 2011 to 2015. The country is classified … Read more