In recent years, pulses have become the main drivers of food prices inflation in India. There are three reasons behind this: High demand-supply gap. The above data shows that despite being largest producer of pulses, India is dependent on import of pulses to bridge the demand supply gap. Low productivity and low growth in productivity. ..
Deficit refers to the difference between expenditure and receipts. In public finance, it means the government is spending more than what it is earning. Government expenditure and revenue can be split into capital and revenue. Capital expenditure generally includes those expenses which result in creation of assets. Revenue expenditure is primarily that which does not ..
The Cash Reserve Ratio is the amount of funds that the banks are bound to keep with Reserve bank of India as a portion of their Net Demand and Time Liabilities (NDTL). The objective of CRR is to ensure the liquidity and solvency of the Banks. The CRR is maintained fortnightly average basis. Impacts of ..