The present paper scholar tried to focus of concept of BOP and comparative research on Indian balance of payment.Kuldeep Singh RanaDr. Dinesh Khurana
1. Devaluation: To solve the balance of payment problem Indian currency were devaluated by 18 to 19%. 2. Disinvestment: To make the LPG model smooth many of the public sectors were sold to the private sector. 3. Allowing Foreign Direct Investment (FDI): FDI was allowed in a wide range...
The Agent is not acting out of charity but is someone who receives payment from the Principal either directly through fees or indirectly through taxes. The Agent is also someone who necessarily knows more than the Principal about the answer to the Principal’s problem. I.e. there is an ...
In 2061, the banking sector of India will the most robust and stable across the globe. It will always remain unaffected from any direct contagion of banking crisis owing to macro-prudential regulations and stringent regulatory environment imposed by the RBI. Bank lending in India will not reach ...
India resorted to economic planning by the way of five year plans for economic development. Crisis In The Economy By the beginning of 1990’s, the Indian Economy was under great crisis and faced its stiffest challenge. India faced a serious balance of payment problem and foreign exchange reserve...
In short period of 80 years (1780-1860 AD) under Colonial rule, India’s economy changed from an exporter of processed goods for which it received payment in bullion, to being an exporter of raw materials and a buyer of manufactured goods. More precisely, in the 1750s, generally ...
"Our projection of balance of payment deficit indicates a shortfall of USD 30-50bn this year. RBI has adequate reserves to sustain intervention for at least another year," he added. In an attempt to defend the rupee, the central bank announced a slew of measures recently aimed at encouraging...
A Remittance isa transfer of funds to another bank account, sent as a payment or a gift. ... A remittance refers to a money transfer that is sent as a payment or gift to another party. You may send a payment remittance to meet a bill or invoice obligation. ...
In order to acquire a seat at the highest table and to deal with a severe balance of payment crisis, India began a process of economic liberalization in 1991. The liberalization process has impacted the conditions of Indian labour in the organized and unorganized sectors, both big and small, ...
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