Indian Economic environment

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Indian Economic environment

  1. 1. INDIAN ECONOMIC ENVIRONMENT Prepared By Nilesh Purvi Sen Dakalia Submitted to Prof. Neelam Mam
  2. 2. What is Economics?• Economics is a social science, it’s basic function is to study how individuals, households, firms and nations maximize their gains from their limited resources.
  3. 3. Objectives of Economic Policies• Guide growth while controlling Inflation• Achieve full employment• Steady growth of national income as measured by output of goods and services• Improve balance of payments by guiding foreign trade and investment• Reduce regional imbalances• Reduce economic imbalance in society
  4. 4. Indian Economy today• Indian economic era since independence can be divided in two partsPre 1991 (pre reform period)Post 1991 (reform period which led to liberalization of Indian economy)
  5. 5. Inflation
  6. 6. Role of money in Inflation

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