India’s elementary education system may be getting better at providing access to greater numbers of children, but has never really been able to answer the question, what is the measure of its success? If producing curious minds that have had exposure to life skills is...
GST council consists of: (a) The Union Finance Minister (as Chairman), (b) The Union Minister of State in charge of Revenue or Finance, (c) The Minister in charge of Finance or Taxation or any other Minister, nominated by each state government. All decisions of the GST Council will be...
The significant differences between FDI and FII are explained : Foreign Direct Investment or FDI is defined as the investment made by a company in the company situated outside the country. Foreign Institutional Investor or FII is when investors, most commonly in the form of institutions...
Progressive Mobilization in Europe Jayati Ghosh July 20, 2017 Meetings of global leaders – such as recently occurred in the G20 meeting at Hamburg – increasingly have a ring of farce about them. The inability to come to agreement on pretty much anything of significance is leavened only...
The Union Finance Minister Arun Jaitley on 31 January 2017 presented the Economic Survey 2017 in the Parliament. The survey observed that the Indian Economy has sustained a macro-economic environment of relatively low inflation, fiscal discipline and moderate current account deficit coupled with broadly stable rupee-dollar...
*Growth* * 2017/18 GDP growth seen between 6.75 and 7.5 per cent year on year * GDP growth rate at constant market prices for the current year 2016/17 is placed at 7.1 per cent * The federal statistics office's estimate of 7.1 per cent growth for 2016/17 likely...
Demonetisation affects the economy through three different channels. It is potentially: An aggregate demand shock because it reduces the supply of money and affects private wealth, especially of those holding unaccounted money; An aggregate supply shock to the extent that economic activity relies on cash...
The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Created in 1945, the IMF is governed by and accountable...
Foreign direct investments are commonly categorized as being horizontal, vertical or conglomerate in nature. A horizontal direct investment : In this type of investment , investor establish the same type of business operation in the foreign countries as it operates in its home country. A vertical direct investment:...