Showing posts with the label gdp

GDP and Inflation in India - Thumbnail View

GDP and Inflation in India - Thumbnail View GDP and Inflation are subject to change at different times in Different Countries. These two are the main economic factors for any country. Inflation is nothing but a rising prices of Essential Commodities and a decline in the purchasing value of money. In a nutshell, if the price of essential commodities is going up, then we will say that the prices are Rising - It's Inflation. There are other two things called Deflation and Stagflation. Deflation happens, when the commodity prices are going negative, which is seen as very cheap. The value of Deflation is under Zero. While this may cause to Unemployment and Poor wages. The reason is that the commodities are not getting the Right price. Stagflation is like a Stagnating, a combination of Rising Unemployment, High Inflation and there is a slow down. On the other hand, Gross Domestic Product is the Total value of Goods and Services produced by a country over a period of time. It is usually c

Macro Economic Policy - A brief explanation

Macro Economic Policy - A brief explanation   The Economic policy is the term supported to explain the Government's policy on Budget, Taxes, the supply of money, interest rates on monetary view, Employment status of a country. The Government's purpose is to stable the inflation and need for long term economic growth. As simple, how the country manages its income and expenditure.   The Economic policy Classified into two, Micro Economics Macro Economics   Micro Economics:   It tells the economics of an individual, group or a companies. The main intention for this policy, to analyse the demand and supply for the production of an individual or a business level.   Macro Economics:   It describes the economic policy of whole or all like Gross Domestic Product (GDP), Industrial production, Inflation, Current Deficit, Employment or unemployment statistics, the import and export data.   The Macro Economic Policy:   As we know that the micro economics describe about the individ

Budget India 2018 Highlights

  Budget India 2018 Highlights   The Budget India 2018 submitted today ( 01.02.2018 ) under the Prime Minister Narendra modi's National Democratic Alliance (NDA) Government by the Finance minister Arun Jaitley . This budget report is Arun Jaitley's fifth and last budget by this NDA party. Budget discussed and recommended mostly for the Agriculture, Business and Health care related. Government also said to helping the farmers for the high production and generating higher income. Govt. needs the farmers to earn on production cost by 1.5 times and for the Khariff crops, the minimum selling price (MSP) set at 1.5 times by the production price. So, the farmers can get a valuable profit and to avoid the middle men.     Funding for Agriculture market of Rs. 2000 crores and also to strengthen the Agri infrastructure with fund of Rs. 22,000 crores.   Credit Target for Agriculture upto Rs. 11 lakh crores and 100 % tax deduction to the farm co-operatives for the first 5 years.

Economic Survey 2018 for the Budget India

Economic Survey 2018 for the Budget India   Economic Survey 2018 for the Budget, was reported by Finance Minister Mr. Arun Jaitley in the Parliament last day (29.01.2018, Monday) and also with President of India's presence - Mr. Ramnath Kovind. The Budget for the year 2018 will be held on 1st February. This coming budget is Arun Jaitley's fifth and the last for the National Democratic Alliance (NDA) Party in this period. There are so many things discussed in the economic survey 2018 meet and some of the highlights for you,   India's GDP growth expectation at 6.75 % for the Financial Year 2017-18 and will be around 7 - 7.5 % growth for the FY19.   Fiscal Deficit will stand with 3.2 % for the Financial year 2018 and the Retail Inflation will be 3.3 % (FY 18). Industrial growth expectation at 3.2 % and the Export growth at 12.1 %   Recently, Inflation (Consumer price index -CPI) stood at 5.2 % in December 2017, which was 17 months high and the export also gains