Accelerating India S Growth Through Financial System Reform
DOWNLOAD
Download Accelerating India S Growth Through Financial System Reform PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Accelerating India S Growth Through Financial System Reform book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Accelerating India S Growth Through Financial System Reform
DOWNLOAD
Author : Diana Farrell
language : en
Publisher:
Release Date : 2006
Accelerating India S Growth Through Financial System Reform written by Diana Farrell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Financial services industry categories.
Structural Reforms In Industry Banking And Finance
DOWNLOAD
Author : C. Rangarajan
language : en
Publisher: Institute of Southeast Asian Studies
Release Date : 2000
Structural Reforms In Industry Banking And Finance written by C. Rangarajan and has been published by Institute of Southeast Asian Studies this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.
The year 1991 marked an important watershed in the economic history of post-Independent India. The country went through a severe economic crisis triggered by a serious balance of payments situation. The crisis was converted into an opportunity to introduce some fundamental changes in the content and approach to economic policy. The purpose of this book is to detail the structural reform process undertaken by India and to evaluate its results. In the post-liberalization period, the country has moved to a higher growth path. Objective conditions exist for the economy to grow at a sustained rate of seven per cent. The slow growth in agriculture and the consequent impact of a slower decline in poverty reduction are areas of concern.
India Rising
DOWNLOAD
Author : Gaobo Pang
language : en
Publisher: World Bank Publications
Release Date : 2007
India Rising written by Gaobo Pang and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Access to Finance categories.
Over the past 25 years, India's economy grew at an average real rate of close to 6 percent, with growth rates in recent years accelerating to 9 percent. Yet by 2005-06, the general government debt-to-GDP ratio was 34 percentage points higher than in the 1980s. The authors examine the links between public finances and growth in the post-1991 period. They argue that the main factor in the deterioration of government debt dynamics after the mid-1990s was a reform-induced loss in trade, customs, and financial repression taxes. Over time, these very factors plus lower entry barriers have contributed to stronger microfoundations for growth by increasing competition and hardening budget constraints for firms and financial sector institutions. The authors suggest that the impressive growth acceleration of the past few years, which is now lowering government indebtedness, can be attributed to the lagged effects of these factors, which have taken time to attain a critical mass in view of India's gradual reforms. Similarly, the worsening of public finances during the late 1990s can be attributed to the cumulative effects of tax losses, the negative growth effects of cuts in capital expenditure that were made to offset the tax losses, and a pullback in private investment (hence, growth and taxes), a situation which is now turning around. Insufficient capital expenditures have contributed to the infrastructure gap, which is seen as a constraint especially for rapid growth in manufacturing. The authors discuss ongoing reforms in revenue mobilization and fiscal adjustment at the state level, which if successfully implemented, will result in a better alignment of public finances with growth by generating further fiscal space for infrastructure and other development spending.
Financial Sector Of India
DOWNLOAD
Author : R. K. Uppal
language : en
Publisher:
Release Date : 2008
Financial Sector Of India written by R. K. Uppal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
ABOUT THE BOOK 17 years of financial reforms in India have created a fairly sound framework for higher growth and integration with the world economy. Though the task is by no means complete, the groundwork that has been laid will allow us to move rapidly towards the financial architecture that is appropriate for a country of India?s size and aspirations. Financial markets and institutions need to evolve considerably in order to keep up with the requirements of Indian firms and Indian investors in coming years. The corporate bond market is moribund and will have to be revived and a number of missing markets will have to be created, including exchange traded interest rate and foreign exchange derivatives contracts. But even in markets that exist, apart from the equity market for large capitalization stock, the ability to trade consistently at low cost and the tendency of market prices to reflect fundamentals are typically low for most markets. The country has moved on to a higher growth trajectory. To sustain and accelerate the growth momentum, further reforms in the financial sector are called for including a robust infrastructure for credit and an effective regulatory framework This book contains 14 papers, authored by scholars in the field, which deal with various dimensions of emerging financial scenario in India. The book is topical and useful for a cross-section of readership. ABOUT THE AUTHOR Dr. R.K. Uppal did his M.A. in economics from Punjabi University, Patiala in 1986. Thereafter, he obtained M.Phil. degree from MDU, Rohtak in 1987 and Ph.D. degree from Punjabi University, Patiala in 2003. Specialising in banking and finance, Dr. Uppal has 11 books to his credit and has published 40 research papers on the subject in reputed national and international journals. He has also presented more than 35 research papers in national and international conferences in Hawaii, Indonesia, Finland, Costa Rica, Australia, London and the UK. Presently, he is head of the Department of Economics, DAV College, Malout, Punjab and Principal Investigator of a UGC-financed research project on Indian banking. He is also Director of an ICSSR sponsored major research project on Indian banking.
India S Financial Sector
DOWNLOAD
Author : Priya Basu
language : en
Publisher: MacMillan
Release Date : 2005
India S Financial Sector written by Priya Basu and has been published by MacMillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
The papers in this volume assess progress with financial sector reforms over the past decade or so, and analyse the new challenges that confront India's policy makers and financial regulators. The papers highlight a formidable reform agenda, pointing to t
Leading Issues In Indian Economy
DOWNLOAD
Author : Manoranjan Sharma
language : en
Publisher: Atlantic Publishers & Dist
Release Date : 2005
Leading Issues In Indian Economy written by Manoranjan Sharma and has been published by Atlantic Publishers & Dist this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Financial institutions categories.
The Deregulation Of The Indian Economy, Which Started In The 1980S, Received An Impetus In 1991. While The Balance Of Payments Crisis May Have Provided The Immediate Trigger, There Were Structural And Deeper Long-Term Reasons Underlying A Paradigm Shift Of The Economy In 1991. Thus The Period 1992-2004 Marks A Decisive Break With The Past Trend Of Macroeconomic Growth. Most Development Indicators Are Favourable With Foreign Exchange Reserves Rising Above Us$ 130 Billion, Some Segments Of Manufacturing Acquiring International Competitiveness, Growth Of Indian Financial System, Likely Acceleration In It Sector And Enhanced Trade And Investment Cooperation Between India And Asean And East Asian Countries. The Services Sector Is Expected To Gain Further Momentum From The Commodity Producing Sectors, Particularly In The Trade, Transport And Communication Segments And In New Economy Activities. But There Is A Compelling Need To Make The Economy More Competitive, Open And Efficient Through Appropriate Macroeconomic Policies And Financial Standards.There Are Many Daunting Challenges Hampering The Ushering In Of A New Deal . In The Ultimate Analysis, The Crux Of The Issue Lies In A Revival Of Investment (Particularly In Manufacturing), A Transformation Of Agriculture, Check On Deficits Of The Central And State Governments, Privatisation, Change In Labour Laws, Availability Of Efficient And Sufficient Infrastructure At Reasonable Cost, Rise In Per Capita Income, Reduced Regional Disparities And The Social Dimension Of Growth A Sharper Focus On Employment, Health, Education And Gender Equality For Broad-Based Socio-Economic Inclusive Development. For, The Success Of The Development Strategy Requires A Sustained And Rising Income For Everyone And Removal Of Poverty And Deprivation Within A Reasonable Time Frame.The Book Would Be Useful To A Wide Cross Section Of The Reading Public, Including Scholars And Academics, Government Executives, International Institutions, Business Communities And Planners And Policymakers.
Banking Sector Reform In India
DOWNLOAD
Author : Nachiket Mor
language : en
Publisher:
Release Date : 2014
Banking Sector Reform In India written by Nachiket Mor and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
It is widely believed that the reforms of 1991, both in the industrial sector and the financial sector, released a variety of forces that propelled India into a new growth trajectory. These reforms however removed two key safeguards in the economy, i.e., industrial licensing and full control of interest rates. This removal, when combined with poor regulation and low levels of competency within the banks in risk management, created several problems for the banking system. These problems did not lead to a collapse in the banking system on account of a unique set of circumstances that existed during the past decade, which included continued government ownership of a large proportion of the banking system, a rapid decline in interest rates, a high level of interest rate repression, and the sharp increases in commodity prices on account of an acceleration of demand from China. There is however a strong possibility that the current decade could see the Indian banking system facing severe difficulties unless some much needed reforms are put in place. It would be premature for India to seek to privatize government owned banks in the absence of these reforms.
New Banking Expansion
DOWNLOAD
Author : P. Vohra
language : en
Publisher:
Release Date : 2015
New Banking Expansion written by P. Vohra and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Currently economy is on verge of second stage of financial reforms & largely it requires to be driven by banking reforms. In same view to start further, banking expansion is first stage particular to attain financial inclusion. It will assist a tool of conversion savings to investment and lead the liquidity to financial system.The current case study is an attempt to light comprehensively on various issues of Central bank initiates for issuing new licences. Certainly research attempt will put a view on diverse aspects which help students, researchers and practitioners to understand the approach in detailed way. Furthermore advance study also requires establishing or discovering new issues in the particular subject.Financial institutions are the indispensable part of any economy and undoubtedly banking sector play a major role in financial growth. Self acceleration & financial satiability can be attained via transformation of savings into investment and it can be done via banking only. At Indian economy banking expansion is inevitable requirement for financial inclusion as after 6 decades still investment opportunities & sound liquidity volume are hurdles for inclusive & sustainable growth. Indian banking history has been with several phases; started with Nationalization, Banking reforms & Entry of private & foreign entities in last 5 decades. Now further expansion of banking is being on final stage and in the coming days new entities will be entered which will increase the strength of banks. No doubt it will push fresh competition, new innovations, and will assist the purpose of financial inclusion. But one point is clicking here; financial inclusion is viable approach but sound risk management practices also need to be established to shrink or prevent NPA volume which is being now a day a severe issues in the banking sector.
Financial Sector Reforms And India S Economic Development
DOWNLOAD
Author : N. A. Mujumdar
language : en
Publisher:
Release Date : 2002
Financial Sector Reforms And India S Economic Development written by N. A. Mujumdar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
Reforming The Financial Markets In India
DOWNLOAD
Author : Swarup Beria
language : en
Publisher:
Release Date : 2007
Reforming The Financial Markets In India written by Swarup Beria and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.
Economists all over the world agree upon the fact that a sound financial system is indispensable for any economy to sustain a high and stable rate of growth. A plethora of financial sector reforms have been undertaken in India over the last decade or so. Though many of these reforms were impulse reactions to the needs of the moment, rather than a part of a well thought out strategy, they have enjoyed many important successes. However, India's financial system has many structural shortcomings. The outlook of public policy, in many cases, has reduced the ability of regulated finance companies to bear risk. The implication is that even though the liberalization of the economy has increased competition and hence the level of risk in the economy, the risk is not being distributed well, incentives of key players are skewed, and economic outcomes are less than optimal. This paper seeks to outline the key elements of a financial system that India will need in its quest for higher growth over the next few years. In the process, it aims to tackle the following questions: How should India's financial system grow to meet industry's needs? Do the problems in India indicate any systemic deficiencies? What are the detailed steps that need to be taken? Are these steps politically feasible? It starts with a brief recount of the reforms that have been and are being undertaken. It then goes on to judge the current financial health of the country on a few vital metrics, points out the trends unfavorable to future growth and simultaneously rolls out broad road maps to reverse them. Due to paucity of space, an integrated reform program could not be attempted, but the prognostic steps that have been charted out will clearly enhance the development of the financial sector.