India: Recent Economic Developments

International Monetary Fund

No 2000/155, IMF Staff Country Reports from International Monetary Fund

Abstract: The Indian economy has recovered strongly. The government's poverty alleviation programs have focused on generation of employment in rural areas. The overall deficit of the consolidated public sector has risen sharply in recent years, erasing most of the consolidation that was achieved during the first half of the 1990s. The paper discusses the monetary and financial market developments, reforms and performance, external sector, trade policy, and structural policy developments in India. The new government has taken a number of initiatives committed to structural reform.

Keywords: ISCR; CR; India; bank; tariff; government; GDP; exchange market pressure; public sector bank; on'provident fund; consumer goods; interest income; Tariffs; Commercial banks; Imports; Public sector; Exports; East Asia; Africa; Asia and Pacific; Global; South Asia; Western Europe; Europe (search for similar items in EconPapers)
Pages: 113
Date: 2000-11-01
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Citations: View citations in EconPapers (3)

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