Economic Survey 2016-17: Chapter-05: Fiscal Framework: The world is changing should India change too ?

February 14, 2017

In this chapter, the survey has reviewed the trends in fiscal policies around the world, comparing with those of India and done a critical assessment of India’s fiscal activism and FRBM Act of 2003. It also tries to provide an insight into what should India’s fiscal policy ahead. Fiscal Activism We all understand that monetary […]

Modernizing the monetary policy framework

March 5, 2015

How the recent move of Government to form a monetary policy committee (MPC) to decide upon the monetary policy would encroach the autonomy of RBI? Explain the significance, composition and terms of condition of MPC?