What is an International Financial Service centre ? Discuss the need for such an authority in India ?

An International Financial Services Centre (IFSC) results in bringing the financial services and transactions to India which are currently being carried out in offshore financial centers by corporate entities and overseas branches / subsidiaries of financial institutions (FIs). The IFSC ..

RBI’s Operation Twist

Operation Twist is the name give to the monetary policy operation of the US Federal Reserve. It involves the sale and purchase of government securities to boost the economy by bringing down the long term interest rates. It will help ..

GST Collections Fail To Reach Predicted Limit

Goods and Services Taxes, that had been struggling over the past quarters, have seen better days over the past two months. In December, collections rose by 8.9% year-on-year, the GST collected reached INR 1.03 lakh crore. However, it is still ..

The level of bad loans under PM Mudra Yojana have been increasing, analyse the steps which need to be taken to fix the Mudra Scheme.

The total NPA in the MUDRA scheme have jumped to 2.68 percent in FY19 from 2.52 percent in FY18. Since inception, over 19 crore loans have been extended under the scheme, with the aim to lift beneficiaries out of poverty. ..

With Rising inflation and deceleration of the economy, Reserve Bank of India (RBI) in its fifth monetary policy has kept the repo rate unchanged . How does it fare for the economy and what measures can be adopted to boost the economy ?

The RBI’s fifth monetary policy statement sees the repo rate unchanged at 5.15%. All six members of the MPC, unanimously voted in favour of maintaining the status quo and not cutting the repo rate. The RBI has cut the repo ..

The country is currently embroiled in a low growth and high inflation conflict which raises the root cause of the crisis. Elucidate.

The Economic data released by the government suggests that the country may be heading towards stagflation. As per the Index of Industrial Production (IIP) a figure of 3.8% in October shows contraction, as against a healthy growth rate of 8.4% ..

The Government of India is considering a cut in personal income tax rates. Comment on whether a tax cut can help.

With various economists, both in and outside the government, advocating for a cut in personal income tax to boost the economy. It’s time we seriously analyse whether a ‘personal income tax’ rate cut would be able to boost the economy ..

Stagflation in India

The term Stagflation was coined by Iain Macleod, a Conservative party MP in the UK. Simply put, stagflation is a situation in which inflation rate is high, economic growth is slow and unemployment remains steadily high. It is because due ..