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Showing posts with the label economic growth

Indian Economy & General Election 2014 watch

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The story of the Indian economy in 2014 could be played out in two acts. The occasion to separation the following year into two parts will be the aftereffect of the impending general election.  In the interim, US Federal Reserve chairman Ben Bernanke uprooted one wellspring of lack of determination when he said on 19 December that the US central bank might start to trim the pace at which it has been purchasing securities to make new cash. He has adjusted that with bizarrely solid direction that the US might keep on following an accommodative monetary policy for quite a while. The decrease of quantitative moving is booked to start in January.  The domesticated economic circumstance is not a pretty picture: there is no development recuperation in sight even as purchaser value inflation keeps on hovering around twofold digits. So there is no place for a boost to economic action at this time.  A monetary stimulus  will be hazardous during an era when the Reserve Bank of India (RBI)