Page-10 of GS-III: Economic Growth Development

IMF suggestions to revive India’s economy

According to the International Monetary Fund (IMF) , India is currently in the midst of an economic slowdown and requires to take urgent steps to address the problem. The economic growth rate has slumped to a low of 4.5% in ..

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RBI’s Operation Twist

Operation Twist is the name give to the monetary policy operation of the US Federal Reserve. It involves the sale and purchase of government securities to boost the economy by bringing down the long term interest rates. It will help ..

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Economic growth: Going Forward

The year 2019 saw presentation of two budgets where in the Government came out with decisive policies in the prevailing situation of economic and trade uncertainty. The changes made include the corporate tax cut and amendments made to the IBC ..

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GST & Its Design

Goods & Services Tax (GST) is considered as one of the biggest ever indirect tax reform. It was aimed to improve the ease of doing business with a common set of laws across the nation and is expected to improve ..

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Stagflation in India

The term Stagflation was coined by Iain Macleod, a Conservative party MP in the UK. Simply put, stagflation is a situation in which inflation rate is high, economic growth is slow and unemployment remains steadily high. It is because due ..

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MUDRA NPA Issues

The Pradhan Mantri Mudra Yojana (PMMY) launched in 2015 with the aim to ease credit flow to non-corporate, non-farm small/ micro enterprises by providing small sized loans (unto 10 lac) at various stages of business. It works by directly providing ..

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