Indian Economy and the curse of Gold The Indian economy grew at around 5% for the fiscal year ending March 31‚ 2013‚ down from 6.2% the previous year. With economic growth slowing for nearly three years now and the economy expected to grow at around 4.8% this year‚ the slump is attributed to several persistent structural issues – prominent amongst which a widening Current Account Deficit (CAD). To quote the RBI governor‚ "The biggest risk to the economy stems from the CAD." CAD represents
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BLACK MONEY WHITE PAPER M A Y 2 0 1 2 MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NEW DELHI |ÉhÉ´É àÉÖJÉVÉÉÒÇ PRANAB MUKHERJEE ÉÊ´ÉkÉ àÉÆjÉÉÒ‚ £ÉÉ®iÉ FINANCE MINISTER INDIA Foreword In the past year the public discourse on the issue of corruption and black money has come in the forefront with the active participation of the civil society and our Parliamentary institutions. Two issues have been highlighted in this debate. First‚ several estimates have
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COMMITTEE ON GOVERNANCE OF WEST INDIES CRICKET FINAL REPORT October 2007 Most Hon. P. J. Patterson‚ ON‚ PC‚ QC: Chairman Sir Alister McIntyre‚ OM‚ OCC Dr. Ian McDonald. Kingston‚ Jamaica 1 Copyright © 2007 Committee on Governance of West Indies Cricket All rights reserved. Permission is granted to copy or reprint portions for any noncommercial use‚ except they may not be posted online without permission. Edited by Carol Collins Cover Design by Debra Hamilton Printed by Lithographic Printers
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“Marketing‘s role is to ensure the continuance in growth of economies and the individual’s standard of living” ( M.J.Baker‚ 1985). According to the statement given by M.J.Baker‚ Marketing plays a vital role in the economic growth of the country periodically and sustain individuals standard of living. Marketing Definition “Marketing is a social and managerial process by which individuals and groups obtain what they need and want through creating‚ offering‚ and exchanging products of value with others”
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Impact of Recession on Indian Economy Table of Contents Reason for Recession to occur 2 Channel through which recession got transmitted to India from US 3 Effect of recession on different sectors 4 Impact on Indian Economy 6 Steps that government took to tackle recession 9 References: 11 Reason for Recession to occur What happened was this: banks
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CURRENT SITUATION OF INDIAN’S ECONOMY DUE TO INFLATION India’s inflation could accelerate in the current fiscal year due to the rupee’s sharp depreciation‚ said the Reserve Bank of India (RBI). The Indian rupee touched record low of 65.52/dollar on Thursday and is down 16 percent so far this year despite efforts by policymakers to prop it up. "The pass-through of the depreciation of the rupee exchange rate by about 11 percent in the four months of 2013-14 is incomplete and will put upward
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Sri Saraswathi Thyagaraja College – Pollachi MIB Students M.Maharajan‚ maharajan1204@gmail.com‚ 8870893310 M.Karthik balakarthick20@gmail.com‚ 9942888939 Flowers Contribution to the Indian Economy Introduction India is bestowed with several agro-climatic zones conducive for production of sensitive and delicate floriculture products. During the decade after liberalization floriculture industries took giant steps in the export arena. This era has seen a dynamic shift from sustenance production
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WTO GENESIS The General Agreement on Trade and Tariff (GATT) came into existence in 1947 It sought substantial reduction in tariff and other barriers to trade and to eliminate discriminatory treatment in international commerce. India became a signatory to GATT in 1947 along with twenty two other countries Reasons for GATT to be carved into WTO GATT faced many problems‚ with the world trade becoming more and more complex‚ GATT was unable to deal with it. Eg. In the agriculture
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occupied an important place in the Indian economy. With the fast food culture an accepted feature‚ poultry farming is playing a greater role in the eatery business in India. It has emerged as the fastest growing segment in the agri livestock industry. Emergence of poultry as a large scale commercial enterprise took place less than 35 years ago. Poultry industry is producing a large quantity of eggs and nutritious meat for the second largest demography in the world of Indian subcontinent. It is making all
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rural areas is essential for economic growth. Since the early 1990s‚ India’s growing economy has witnessed a rise in demand for transport infrastructure and services. However‚ the sector has not been able to keep pace with rising demand and is proving to be a drag on the economy. Major improvements in the sector are required to support the country’s continued economic growth and to reduce poverty. Railways. Indian Railways is one of the largest railways under single management. It carries some
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