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Investment And Securities Markets In India
by V.A. Avadhani
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430.00
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13
The Indian Economy and Financial markets are in a State of disarray and are undergoing various transional changes, during 2008 to 2010. The Economy is under recession and the growth rates slowed down particularly due to drought condition in Agriculture and Global Recession. The growth of industry and in infrastructure in particular has been sluggish. The process of disinvestment and privatization met with resistance and slowed down. In consequence, the investment climate and the state of capital market and money market were in a state of uncertainty. The union Budget for 2010-1 therefore aimed at improving the investment climate by rationalization of tax structure, reduction of administrative red tape and provision of incentives to investment.
The tenor of monetary policy is to further lighter the interest rate structure but encourage greater inflow of FDI into banking and insurance and services industries. Although was made to reduce the liquidity in the banking system.ISBN - 9789350248225
Pages : 544
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