Economic Survey 2018 - Prices and Inflation

Economic Survey 2018 – Prices and Inflation

Prices and Inflation Important Terminologies Headline Inflation: Measure of the total inflation within an economy, including commodities such as food and energy prices (e.g., oil and gas), which tend to…

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Economic Survey 2018 - Monetary Management and Financial Intermediation

Economic Survey 2018 – Monetary Management and Financial Intermediation

Monetary Management and Financial Intermediation Important Terminologies M0 : Currency in Circulation + Bankers Deposit with RBI + Other deposits with RBI Currency in circulation : It is the amount…

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Review of Fiscal Developments

Economic Survey 2018 – Review of Fiscal Developments

Review of Fiscal Developments Summary The firm footing afforded by the Government to unleash tax reform has improved most of the fiscal indicators – revenue buoyancy, expenditure quality, devolution and…

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Economic Survey 2018 - An Overview of India’s Economic Performance in 2017-18

Economic Survey 2018 – An Overview of India’s Economic Performance in 2017-18

An Overview of India’s Economic Performance in 2017-18 Important Terminologies Gross Domestic Product: GVA at basic prices = CE + OS/MI + CFC + production taxes less production subsidies GVA…

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Economic Survey 2018 - Ease of Doing Business’ Next Frontier

Economic Survey 2018 – Ease of Doing Business’ Next Frontier

Ease of Doing Business’ Next Frontier: Timely Justice IMPORTANT TERMINOLOGIES: Distance to Frontier: frontier,” which represents the best performance observed on each of the indicators across all economies in the…

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Economic Survey 2018 - Transforming Science & Technology in India

Economic Survey 2018 – Transforming Science & Technology in India

SUMMARY The pursuit of science creates a spirit of enquiry and discourse which are critical to modern, open, democratic societies and is a key driver of economic growth as well…

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Economic Survey 2018 - Gender & Son Meta-Preference

Economic Survey 2018 – Gender & Son Meta-Preference

Gender and Son Meta-Preference: Is Development Itself an Antidote? Important Terminologies: Child Sex ratio: The number of males per 1000 females in the age group of 0-6 in a given…

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Economic Survey 2018 - Climate, Climate Change & Agriculture

Economic Survey 2018 – Climate, Climate Change & Agriculture

Important Terminologies: Unirrigated Areas: Districts where less than 50 percent of cropped area is irrigated. Dry Days: Days during the monsoon with rainfall less than 0.1 millimetres. Summary: Agriculture in…

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Economic Survey 2018 - Is there a “Late Converger Stall” in Economic Development?

Economic Survey 2018 – Is there a “Late Converger Stall” in Economic Development?

Important Terminologies: Economic Convergence: The process of poorer countries “catching-up” with richer countries and closing gaps in standards of living. Middle Income Trap: It refers to a situation where country…

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Economic Survey 2018 – Reconciling Fiscal Federalism and Accountability

Economic Survey 2018 – Reconciling Fiscal Federalism and Accountability

Reconciling Fiscal Federalism and Accountability: Is there a Low Equilibrium Trap? Low Equilibrium Trap : It is a concept in economics in which at low levels of per capita income…

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