FM Speak | India – next wave of Inclusive growth
Following is the Speech of the Union Finance Minister Shri P. Chidambaram at India Day: India - Next Wave of Inclusive Growth today at ADB Meeting at IEML, Greater Noida today: President, ADB, President, FICCI, delegates to the ADB Annual meeting and friends, I am happy to be here today, when there is renewed optimism in India™s… Read More
Tags: ADB, Economic growth, Economy of India, FICCI, GDP, Gross domestic product, India, P. Chidambaram
Monetary Policy Statement for 2013-14 Statement by Dr. D. Subbarao, Governor, Reserve Bank of India
"First of all, on behalf of the Reserve Bank, a hearty welcome to you all to this dissemination of the Monetary Policy Statement for 2013-14, which we put out a short while ago. 2. Based on an assessment of the current and prospective macroeconomic situation, we have decided to reduce the policy repo rate under… Read More
Tags: Bank Rate, Central Statistics Office, Economic growth, GDP, Inflation, Monetary policy, Repurchase agreement, Wholesale price index
RBI Release – Monetary Policy Statement 2013-14
By Dr. D. Subbarao Governor Introduction The Annual Policy for 2013-14 is formulated in an environment of incipient signs of stabilisation in the global economy and prospects of a turnaround, albeit modest, in the domestic economy. 2. In the advanced economies (AEs), near-term risks have receded, aided by improving financial conditions and supportive macroeconomic policies. But this… Read More
Tags: Brazil, Central Statistics Office, Duvvuri Subbarao, Economic growth, India, Inflation, Monetary policy, rbi, Reserve Bank of India
Government sets up Inclusive Innovation Fund
The Government has set up an Innovation Fund for inclusive economic growth. National Innovation Council in collaboration with Ministry of Micro, Small and Medium Enterprises (MSME) has proposed to set up a dedicated fund in the name of ˜India Inclusive Innovation Fund™ for promoting grass root innovations with social returns as well as modest economic… Read More
Tags: Business, Economic growth, Government, India, Ministry of Micro Small and Medium Enterprises, MSME, National Innovation Council, Small
Year-on-Year Foreign Investment Requirement as a % of GDP
Increase in Capital Investment Various factors including the rates of savings and investment, productivity of resources, adoption of technology, availability of human capital and infrastructure, cost of finance, foreign trade and demand for the domestic product, capital flows, governance, nature of economic and regulatory institutions etc, influence the growth rate of an economy. Reducing impediments… Read More
Tags: Cabinet Committee, Economic growth, Economy of India, foreign direct investment, GDP, Government, Gross domestic product, Reserve Bank of India
Ministry of Statistics and Programme’s Statement on Industrial Production Index
Shri Srikant Kumar Jena, Minister of State (Independent charge), Ministry of Statistics & Programme Implementation announced the release of the monthly Quick Estimates of Index of Industrial Production (IIP) for the month of February 2013 compiled by the Central Statistics Office. The index is a composite indicator that measures the short term changes in the… Read More
Tags: Central Statistics Office, Economic growth, IIP, Index of Industrial Production, India, Minister of State, Ministry of Statistics & Programme Implementation, Shri Srikant Kumar Jena
RBI Monetary and Credit Information Review March 2013
The Monthly Publication from RBI - Monetary and Credit Information Review March 2013 is available for download. ****** Read More
Tags: Business, Economic growth, Financial services, India, Monetary policy, Mutual fund, RBI Monetary and Credit Information Review, RBI Monetary and Credit Information Review March 2013, Reserve Bank of India
Monthly Economic Report for February 2013
Ministry of Finance Department of Economic Affairs Economic Division 4(3)/Ec. Dn. /2012 MONTHLY ECONOMIC REPORT FEBRUARY 2013 HIGHLIGHTS The overall growth of GDP at factor cost at constant prices, as per Advance Estimates, is estimated at 5.0 per cent in 2012-13 as compared to the growth of 6.2 per cent during 2011-12 (First Revised Estimates).… Read More
Tags: April-January 2012-13, Economic growth, Fiscal year, GDP, Gross domestic product, Index of Industrial Production, January 2012, Monthly Economic Report
RBI releases Mid-Quarter Monetary Policy Review for March 2013
Monetary and Liquidity Measures Based on an assessment of the current macroeconomic situation, it has been decided to: ¢ reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 per cent to 7.5 per cent with immediate effect; Consequently, the reverse repo rate under the LAF stands adjusted… Read More
Tags: Bank Rate, Economic growth, February, GDP, India, Inflation, January, Reserve Bank
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