In India, the wholesale price index (WPI) is the main measure of inflation. The WPI measures the price of a representative basket of wholesale goods classified into three categories, namely, Primary Articles (Weight 22.62%), Fuel & Power (Weight 13.15%) and Manufactured Products (Weight 64.23%). According to the data released by the Ministry of Commerce and […]
Continue ReadingRecently a lot of discussion is going on the four balance sheet problem currently faced in India probably as an extended form of the relatively well known twin balance sheet problem that was largely related to the worsening of the balance sheets of the banks and the infra companies facing project commencement or completion delays […]
Continue ReadingPolicy rates are not changed In view of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting held on February 6, 2020 decided not to change the applicable policy repo and reverse-repo rates under the liquidity adjustment facility (LAF) and the marginal standing facility (MSF) rate and […]
Continue ReadingIn a highly populated country like India, it has been quite a challenging task for the policy makers to evolve a suitable growth strategy that provides for the absorption of the unemployed workers in the productive sectors. The Union Budget has several proposals that are going to give a boost to employment in the economy. […]
Continue ReadingAccording to a report published by the United Nations, India is projected to add nearly 273 million people by the year 2050, and surpass China to become the world’s most populous country. Moreover, it is likely to have a lower dependency ratio too. The dependency ratio indicates the ratio of the number of dependents aged […]
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