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Introduction: Digital India is a flagship programme of the present government to empower India and Indians using technology. More significantly, it is a transformational initiative incorporating the spirit of “sabka saath” to create a new India by ensuring “sabka vikas”. An ambitious programme: Digital India aims to bridge...

The Reserve Bank of India’s conservative inflation forecast for the fiscal year which was criticised, may indeed be turning out to be true as economists now expect inflation to rise beyond the 4% target prescribed under the inflation targeting framework. Economists are tempering their expectations on...

📰 हिंदू संपादकीय 📰 सेबी के व्यापार प्रतिबंधों पर: संदिग्ध कंपनियों के खिलाफ सेबी का आदेश भारी-भरकम न्याय की चपेट में आता है सिक्योरिटीज एंड एक्सचेंज बोर्ड ऑफ इंडिया ने क्रमबद्ध 331 कंपनियों पर ट्रेडिंग प्रतिबंधों का आदेश दिया है जो शेल संस्थाओं के होने का संदेह...

Financial Economics - Policy Responses to the Global Financial Crises The credit crunch and the collapse of Lehman led to a steep fall in global real output and an even bigger decline in the volume of world trade. There were well-founded fears that the world economy...

The Multiplier and links to Keynesian Economics The concept of the multiplier process became important in the 1930s when John Maynard Keynes suggested it as a tool to help governments to maintain high levels of employment This “demand-management approach”, designed to help overcome a shortage of capital...

Government investment—things like infrastructure building—results in higher multipliers. Economists at the IMF have calculated the long-run multiplier at 1.5 for developed countries and 1.6 for developing countries. In other words, developing countries really benefit from government investment over government consumption. Investment can build the productive...