Minister of Finance & Corporate Affairs, Mrs. Nirmala Sitharaman tabled the Economic Survey 2018-19 in Parliament today. With the theme of Shifting Gears and “Blue Sky” policy-making, India aims to achieve a sustained growth rate of 8% to become a $5trillion economy by 2025.
By Jay Thakkar and Harshal Sharma Introduction There is great debate over the belief whether inflation promotes economic growth or not. The relationship between inflation and growth is a controversial one not only in theory but also in empirical findings. A group of economists supporting Keynes are of the opinion that inflation is a factor […]
Ashwath Narayana B Sanket Tuhina Kumar Introduction The aim of this research paper is to critically examine how important it is to have the appropriate rate of GST and how this rate will affect government revenue. This is done by analyzing the various factors that affect the appropriation of the GST rate. We will also […]
By- Purvee Khandelwal One of the main tools to control growth is raising or lowering interest rates. Lower interest rates encourage people or companies to spend money, rather than save. But when interest rates are at almost zero, central banks need to adopt different unconventional policies – such as pumping money directly into the financial system […]
AUTHOR- Nimisha Khattar Popularly known as the Inflation Warrior, Dr. Urijit R Patel, has been associated with RBI since 2013. He has played a key role in formulating and shaping the monetary policy of India. With his appointment as the new RBI Governor, we can expect the government to continue with the existing macroeconomic policy. […]