State of the Economy : An Analytical Overview and Outlook for Policy.
Material type: TextDescription: 55-94 pSubject(s): In: AGRAWAL, J.D. Finance IndiaSummary: Major reforms were undertaken over the past year. The transformational Goods and Services Tax (GST) was launched at the stroke of midnight on July 1, 2017. And the long-festering Twin Balance Sheet (TBS) problem was decisively addressed by sending the major stressed companies for resolution under the new Indian Bankruptcy Code and implementing a major recapitalization package to strengthen the public sector banks. As a result of these measures, the dissipating effects of earlier policy actions, and the export uplift from the global recovery, the economy began to accelerate in the second half of the year. This should allow real GDP growth to reach 6¾ percent for the year as a whole, rising to 7-7½ percent in 2018-19, thereby re-instating India as the world's fastest growing major economy. The agenda for the next year consequently remains full: stablizing the GST, completing the TBS actions, privatizing Air India, and staving off threats to macro-economic stabilityItem type | Current library | Call number | Vol info | Status | Notes | Date due | Barcode | Item holds | |
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Journal Article | Main Library | Vol 32, Issue 1/ 5558805JA3 (Browse shelf(Opens below)) | Available | 5558805JA3 | |||||
Journals and Periodicals | Main Library On Display | JP/FIN/Vol 32, Issue 1/5558805 (Browse shelf(Opens below)) | Vol 32, Issue 1 (06/04/2021) | Not For Loan | Finance India - March 2018 | 5558805 |
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Vol 32, Issue 1/ 5558805JA13 Knowledge Management Practices inInformation Technology companies in India:Perceptions of Employees | Vol 32, Issue 1/ 5558805JA14 Corporate Board and Governance: AComparative Study of USA and India | Vol 32, Issue 1/ 5558805JA2 Union Budget 2018-19. | Vol 32, Issue 1/ 5558805JA3 State of the Economy : An Analytical Overview and Outlook for Policy. | Vol 32, Issue 1/ 5558805JA5 The Behaviour of Macro and Micro Economic variables and the impact on Systematic Risk of Non-banking Finance Companies. | Vol 32, Issue 1/ 5558805JA6 Performance of select Oil and Petroleum Companies in India with respect to Profitability and Liquidity Analysis. | Vol 32, Issue 1/ 5558805JA7 Industry Specific Volatility check on Derivatives Introduction : Indian Context. |
Major reforms were undertaken over the past year. The transformational Goods and Services Tax (GST) was launched at the stroke of midnight on July 1, 2017. And the long-festering Twin Balance Sheet (TBS) problem was decisively addressed by sending the major stressed companies for resolution under the new Indian Bankruptcy Code and implementing a major recapitalization package to strengthen the public sector banks. As a result of these measures, the dissipating effects of earlier policy actions, and the export uplift from the global recovery, the economy began to accelerate in the second half of the year. This should allow real GDP growth to reach 6¾ percent for the year as a whole, rising to 7-7½ percent in 2018-19, thereby re-instating India as the world's fastest growing major economy. The agenda for the next year consequently remains full: stablizing the GST, completing the TBS actions, privatizing Air India, and staving off threats to macro-economic stability
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