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Ten New Facts on the Indian Economy

The economic survey 2017-18 has identified 10 new facts on the new economy as follows: 1.  The tax base in both direct and indirect taxes is increasing Since November, 2016, there has been a significant rise in tax base in the form of both registered direct and indirect tax payers. A 50% increase in unique […]

Double Financial Repression

Indian Banking System is faced by many ideas and challenges stemming from both policy and structure. The experts have suggested that the system is affected by Double Financial Repression. Latter, as pointed out by Economic Survey 2014-15, is a phenomenon when the banks are faced with financial repression both on the asset and liability side. […]