India’s Fiscal Deficit and related issues: * India’s fiscal deficit is 5.2 % of India’s GDP. * Reduction in government expenditure allowed central banks to loosen monetary policy and effectively stimulate private investment and consumption. * Challenges in fiscal deficit- the existing fiscal deficit leaves no space for extra govt. spending on areas of social priority. It reduces the growth of human and physical capital. * It reduce the private sector’s ability to obtain bank financing
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Fiscal deficit In a system of indicative planning reliance‚ fiscal policy plays an instrumental role in the economy of any country. Planning Commission of India had pointed out in the Seventh Five Year Plan that‚ the “Fiscal policy has a multi-dimensional role” which “particularly aims at improving the growth performance of the economy and ensuring social justice to the people. However‚ when a fiscal policy is not used discreetly‚ it is likely to create a fiscal mess.....A fiscal imbalance requires
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1. POOR SANJAY! One Monday morning Sanjay Nagpal‚ a recent recruit from a reputed management institute in Manipal walked into the sales office at Chennai as a new sales trainee. Raghavan‚ the Zonal Sales Manager for a large computer hardware firm was there to greet him. Raghavan’s job consisted of overseeing the work of sales officer‚ field executives and trainee salesmen numbering over 50 of three areas namely Chennai‚ Bangalore‚ and Trivendrum. The sales growth of computers‚ parts and other office
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IMPACT OF PRIVATIZATION ON THE FINANCIAL PERFORMANCE OF ORGANIZATIONS IN KENYA By Benson Murigi‚ Ken Mwaforo‚ Paul Mugi Table of Contents CHAPTER ONE 1. INTRODUCTION 1.1 Background information Organizations are the backbone of any country’s economy. A leadership dialogue that took place in the year 2007 explained that business activities could create jobs and entrepreneurial opportunities‚ cultivate inter-firm linkages‚ enable technology transfer‚ build human capital and physical
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1 1 MODULE 1 INTRODUCTION INDIAN ECONOMY IN THE PRE-BRITISH PERIOD UNIT STRUCTURE 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Objectives Introduction Village communities Towns during pre-British period Handicraft Industries Summary Questions 1.0 OBJECTIVES 1. 2. To understand the structure and organization of villages and towns -during pre-British period. To study the various industries and Handicrafts during PreBritish Period. 1.1 INTRODUCTION In the preceding discussion‚ we are going to understand
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Paper Code: MBA-072 QUANTITATIVE METHODS AND OPERATIONS RESEARCH Credit = 4 Marks = 100 Objectives: (i) To equip the students with techniques of data analysis. (ii) To grasp the various optimization techniques. SECTION - A Decision making;Decision making environment;Decision making under certainty;Decision making under uncertainty;Decision making under risk;Decision Tree
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Charles Arthur Ntiri Supervisor Dr. Jan Svanberg December‚ 2010 1 Abstract After almost two decades that privatization took place in Africa‚ especially in Ghana‚ there is not much empirical knowledge concerning the financial and operating performance of privatized firms. This study is designed to compare the financial and operating performance of pre and post privatization process in Ghana. The indicators examined are profitability‚ operating efficiency‚ output‚ capital investment‚ employment
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market to the private sector. While privatization has been a successful venture in Vietnam and China‚ Russia was not able to reap benefits immediately. Discuss the pros and cons of privatization with regard to those counties. Date of Assignment submission: 25th October 2012 Name of Instructor: Professor Syed Ahmed INTRODUCTION Privatization is one of the major economic phenomena in recent economic history. The extant evidence from privatizations in many developed and developing
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Q: Briefly explain the changes happened in Indian Financial System after 1991 and also describe the impact on financial services. A: The year 1991 itself is very important for Indian history as economic reforms took place in this year. Reduction in import tariffs‚ deregulation of markets‚ reduction of taxes‚ and greater foreign investment were some important features of the economic reform. The economic reform process that took place in 1991‚ happened to resolve two crises: 1) the balance of payments
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From a socialist economy to a capitalist economy: The transition of SOEs in Russia The privatization reform in Russia – a recipe for economic success? Sixty nine years of Soviet Union (USSR) existence ended in 1991‚ when USSR disintegrated into fifteen independent states including Russia Federation as the largest‚ Estonia‚ Lithuania‚ Latvia‚ Ukraine‚ Belarus and Uzbekistan‚ just to name a few. In the newly established Russia Federation‚ the former leader Mikhail Gorbachev was replaced by
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