02-07-2013, 03:17 PM
INDIAN ECONOMY
INDIAN ECONOMY.pptx (Size: 4.37 MB / Downloads: 30)
inflation
The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum.
inflation continues in single digit, with slowing down of fresh investment and industrial growth resulting in slowing economy.
experts: it causes for the implications of slowing growth could be manifold such as high interest rates, high inflation and week currency. Which could turn the outlook for banking negative.
India has made significant process in progress in physical infrastructure like electricity,railways,roads,ports,airports,irrigation,urban rural water supply and sanitation, still it ranks only 84th in basic infrastructure global index in 2012-2013.
These are all disturbing and needs attention and appropriate action at policy level.
The company bill,2012 was passed by the loksabha on 18-12-2012.
Because of that every person is suffering who are going to investing in the banks and financial sectors.