UGC Approved Journal no 63975

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 1 Issue 1
June-2014
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1401002


Registration ID:
140006

Page Number

5-7

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Title

Starting Up The Indian Economy

Authors

Abstract

The current state of Indian economy leaves a lot to be desired with below 5% growth in GDP and the threat of high current account deficit coupled with the high fiscal deficit. The policy debate centers around the reversal of tight monetary policy by reducing the policy rate or repo rate of Reserve Bank of India (RBI) to stimulate growth and credible fiscal consolidation by reducing the fiscal deficit. The new government should focus on reviving economic growth, reducing inflation, growth of manufacturing sector and reducing revenue deficit. To stimulate economic growth India needs investment in productive physical assets, speeding up of infrastructure projects, economic reforms and last but not the least tackling the menace of corruption which paralyses the economy. All is not lost. Political will and good governance is needed from the new government.

Key Words

Gross Domestic Product (GDP), revenue deficit, inflation, manufacturing sector, economic growth, corruption, monetary policy

Cite This Article

"Starting Up The Indian Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.1, Issue 1, page no.5-7, June-2014, Available :http://www.jetir.org/papers/JETIR1401002.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Starting Up The Indian Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.1, Issue 1, page no. pp5-7, June-2014, Available at : http://www.jetir.org/papers/JETIR1401002.pdf

Publication Details

Published Paper ID: JETIR1401002
Registration ID: 140006
Published In: Volume 1 | Issue 1 | Year June-2014
DOI (Digital Object Identifier):
Page No: 5-7
Country: Chennai, Tamil Nadu, India .
Area: Economics
ISSN Number: 2349-5162
Publisher: IJ Publication


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