The document discusses trends in fiscal and monetary policy in India since the 1990s, noting that fiscal policy involves government revenue and expenditure to influence the economy, while monetary policy regulates money supply and interest rates. It outlines objectives and instruments of each policy, and how their interaction aims to promote growth while ensuring stability, employment and controlling inflation. Key changes included the Fiscal Responsibility and Budget Management Act of 2003 and shifts in deficits, debt, and other economic indicators as shares of GDP over time.
Monetary Policy Definition
Fiscal Policy Definition
Difference between them
Inflation
Bank reserve ratio
Open market operation
Repo & Reserve repo rates
Cash reserve ratio
Statutory liquid ratio
Factors affecting
Impact
Limitation
Monetary Policy Definition
Fiscal Policy Definition
Difference between them
Inflation
Bank reserve ratio
Open market operation
Repo & Reserve repo rates
Cash reserve ratio
Statutory liquid ratio
Factors affecting
Impact
Limitation
Current fiscal and monetary industrial policy in india revisedFBS Business School
Monetary and fiscal policies are two important instruments that can be put to use by government in order to achieve stability in the economy.While monetary policy is implemented by RBI, the fiscal policy is implemented by the government.
this presentation is currently have this upload set to Public. This means that it will be indexed by search engines and view able by anyone on the web.
Monetary policy is the process by which the monetary authority of a country, like the central bank or currency board, controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency
I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
Expertise:
Management Sciences, Business Management, Marketing, HRM, Banking, Business Marketing, Corporate Finance, International Business Management
For Order Online:
Whatsapp: +923452502478
Portfolio Link: https://blueprismacademia.wordpress.com/
Email: arguni.hasnain@gmail.com
Follow Me:
Linkedin: arguni_hasnain
Instagram : arguni.hasnain
Facebook: arguni.hasnain
Current fiscal and monetary industrial policy in india revisedFBS Business School
Monetary and fiscal policies are two important instruments that can be put to use by government in order to achieve stability in the economy.While monetary policy is implemented by RBI, the fiscal policy is implemented by the government.
this presentation is currently have this upload set to Public. This means that it will be indexed by search engines and view able by anyone on the web.
Monetary policy is the process by which the monetary authority of a country, like the central bank or currency board, controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency
I’m a young Pakistani Blogger, Academic Writer, Freelancer, Quaidian & MPhil Scholar, Quote Lover, Co-Founder at Essar Student Fund & Blueprism Academia, belonging from Mehdiabad, Skardu, Gilgit Baltistan, Pakistan.
I am an academic writer & freelancer! I can work on Research Paper, Thesis Writing, Academic Research, Research Project, Proposals, Assignments, Business Plans, and Case study research.
Expertise:
Management Sciences, Business Management, Marketing, HRM, Banking, Business Marketing, Corporate Finance, International Business Management
For Order Online:
Whatsapp: +923452502478
Portfolio Link: https://blueprismacademia.wordpress.com/
Email: arguni.hasnain@gmail.com
Follow Me:
Linkedin: arguni_hasnain
Instagram : arguni.hasnain
Facebook: arguni.hasnain
Money: Definition, Origin, Functions, Inflation, Deflation, Value of Money, M...flowerpower_1324
These slides cover the first chapter of the B.Com "Banking and Finance" syllabus: Money.
It includes the following topics: Definition, Origin, Functions, Inflation and its remedies, , Deflation and its causes, reflation, devaluation, , Monetary and Fiscal Policy, Paper Money: its kinds and advantages and disadvanatges, Monetary system, Value of Money: quantity theory of money, cash balance approach, modern theory of money.
Notes on fiscal and monetary policy, indiaPavan Gujar
66 Points to remember - Monetary and Fiscal Policy.
Notes on Capital Account, Revenue Account of Government of India. Glimpse of Fiscal and Monetary Policy.
RBI Roles, Money Control Tools of RBI
Analysis of Fiscal and Monetary Policy of India for last decade (2004-2014)Kavi
Fiscal and Monetary Policy are an important tool for growth of any country. Here we have focused on these policies with respect to India over last decade. We have tried to focus on the functioning of these policies, their impact on growth and development of Economy by taking in perspective of human development. We also found the instances when both of these policies were in tandem and when they were not. The presentation also takes into consideration the impacts of Global Crisis on India which occurred in 2008-2009.
The Monetary Policy is the policy statement, announced annually in April, but reviewed four times a year at the end of each quarter, through which the Reserve Bank of India seeks to ensure price stability for the economy.
This presentation consist of the theoretical concepts of interest rate, economic growth, inflation, monetary policy, foreign flow of funds, budget deficit. And further data analysis is given based on 5 years monetary policy statement.
Fiscal deficit measures the incremental amounts that governments are required to borrow in order to finance their budget shortfalls. The concept has gained significance in recent times with the IMF imposing strict restrictions and monitoring of the levels of fiscal deficit that economies can run if they have taken support or are going to request support from the IMF. India too started to monitor Fiscal Deficit after it had to solicit support from the IMF to resolve the balance of payment crisis of 1991. This study traces the major changes in the India’s fiscal policy since 1980-81 through the country’s balance of payments crisis of 1991, the post economic liberalisation and high growth period, the introduction of FRBM Act in 2003, adjustment to the global financial crisis of 2008 and the recent post-crisis changes to return to a path of fiscal consolidation The study found that from 1980-81 to 2002-03 the periods of crisis led to the burgeoning of the deficit to unsustainable levels and prompted the government to introduce and adopt economic reforms to ensure that the deficit stood at more reasonable levels. However since 2003-04 the government has been more proactive and has undertaken fiscal policy reforms to ensure a steady reduction in fiscal deficit as a percentage of GDP leading to a more resilient economy.
Budget Preview 2015-16: 'Acche din' for capital market?IndiaNotes.com
FY16 Union Budget would be presented in the backdrop of easing inflation and interest rates but continued growth challenges which the government needs to address.
Monetary policy is the policy adopted by the authority of a nation to control either the interest rate payable for very short term borrowings or the money supply, often as an attempt to reduce inflation or the interest rate, to ensure price stability and general trust of the value and stability of the nation's currency for every financial year based on the quarter, the new policy is made and executed for the growth of the economy. The RBI carries out the monetary policy through open market tasks, bank rate strategy, reserve system, credit control strategy, moral influence and through numerous different instruments.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
2. SPIN INTERVIEW FRAMEWORK
Learning Objectives
1.What is fiscal policy ?
2.Main objectives fiscal policy
3.Important instruments of fiscal policy
4.Fiscal Responsibility and Budget Management Act-2003
5.Trend in Indian fiscal policy since 1990s
#
6.What is monetary policy ?
7.Objectives
8.Its instruments
9.Its major changes in monetary policy post 90
10.How is fiscal policy and monetary policy interact with with
each other
11.Conclusion remark
Fiscal Policy , Monetary Policy and its linkages
3. 1. Let’s first understand what is fiscal policy ?
The fiscal policy is concerned with the raising of government revenue and
incurring of government expenditure. To generate revenue and to incur
expenditure, the government frames a policy called budgetary policy or fiscal
policy.
“It is a policy under which the government uses its expenditure and revenue
#
program to produce desirable effects and avoid undesirable effects on the national
income , production and employment” – Arthur Smithies
Fiscal Policy , Monetary Policy and its linkages
4. Main objectives fiscal policy
1.Development by effective mobilization of
resources.
2.Efficient allocation of financial resources
3.Reduction in inequality # income and wealth
of
4.Price stability and control inflation
5.Employment generation
6.Capital formation
7.Development of infrastructures
Fiscal Policy , Monetary Policy and its linkages
5. There are three main stances of fiscal policy
1.Neutral stance : ( G=T) #
2.Expansionary stance: (G> T)
3.Contractionary Stance :( G< T)
Fiscal Policy , Monetary Policy and its linkages
6. There are four major of instruments of fiscal policy
I. Budgetary surplus and deficit
#
II. Government expenditure
III. Taxation- direct and indirect
IV. Public debt
7. Fiscal Responsibility and Budget Management Act-2003(FRBM)
The main purpose of FRBM was:
1. To reduce deficit as a ratio of GDP should be brought down by 0.5
% every year
2.# Fiscal deficit as a ratio of GDP should be reduced by 0.3% every
year and brought down to 3 % by 2007-08.
3. The total liabilities of the union gov’t should not rise by more than
9% per year.
4. The union gov’t should not give guarantee to land raised by PSUs
and state gov’t for more than 0.5% of GDP in the aggregate.
8. Trend in Indian Fiscal Policy since 1990s
The combined Receipts and expenditures of the state and central
government as the % of GDP
1990-99 2000-01 2004-05 2007-08 2009-10 BE
Total Receipts 26.0 28.5 28.2 27.8 31.4
# Rev. Receipts
18.1 17.5 19.5 22.2 21.6
Cap. Receipts 7.9 11.0 8.7 5.6 9.8
Total Exps 26.8 28.6 27.6 27.4 31.9
Revenue Exps 22.3 24.5 23.2 22.4 27.1
Capital Exps. 4.5 11.0 4.4 5.0 4.8
Note: BE: budget estimated
Source: RBI, various Issues
9. Revenue, Fiscal and Primary deficit as the % of GDP
1990- 2000-01 2004-05 2007- 2009-10
99 08 BE
Revenue Deficit 4.2 7.0 3.6 0.2 5.5
#ff deficit
Fical 7.7 9.9 7.5 4.2 10.2
Primary deficit 2.7 3.7 1.3 (-)1.3 4.6
Note: BE: budget estimated
Source: RBI, various Issues
10. The combined of state and central government debt as the % of GDP
year Central and state public Debt
1990-99 63.2
2000-01 70.6
#ff 2004-05 81.4
2007-08 75.1
2009-20 BE 76.5
Note: BE: budget estimated
Source: RBI, various Issues
12. What is Monetary Policy?
It is the process by which the central bank or
monetary authority of a country regulates
1. the supply of money
2. availability of money and
#ff 3. cost of money or rate of interest in order to attain
a set of objectives oriented towards the growth
and stability of the economy.
13. Objectives of Monetary Policy
It is concerned with the changing the supply of money
stock and rate of interest for the purpose of stabilizing the
economy by influencing the level of aggregate demand.
At times of recession monetary policy involves the
adoption of some monetary tools which tends to increase the
money supply and lower interest rate so as to stimulate
aggregate demand in the economy.
#ff
At the time of inflation monetary policy seeks to contract
aggregate spending by tightening the money supply or
raising the rate of return
14. Objectives of Monetary Policy
To ensure the economic stability at full employment or
potential level of output.
To achieve price stability by controlling inflation and
deflation.
To promote and encourage economic growth in the
#ff
economy
16. Conclusion Remark
However , in order to achieve social justice ,
reduction in inequality of income and wealth etc
government has to use effective fiscal deficit and
public debt and make fiscal policy and monetary
policy in growth oriented one
#ff
17. Sources:
1. Public finance- R.K Lekhi, first Edition, 1988
2. Monetary and fiscal actions in India- U.P. Sinah& K.D. Prasad, fisrt
pbulished 2010
3. ADBI Institute Working Paper Series On Fiscal Policy Issues for India
after the Global Financial Crisis (2008–2010)
4. http://www.indiabudget.nic.in
5. www.rbi.org.in
6.
#ff www.slideshared.com
7. http://www.screbd.com