Every time we have read the importance of normal Monsoon rains on Indian economy and even the Government is depending on the monsoon rains to achieve the estimated fiscal deficit and GDP growth target every year. Now we will check the reason behind it and try to explain the importance of normal monsoon rain on […]Continue Reading... No Comments.
In this write up we will try to explain the effect of higher fiscal deficit on currency exchange rate and import/export of a country. We will take the example ofIndiawhile explaining the same. High Fiscal deficit increases the government borrowing in the money market as the government borrows more to compensate the gap. Who are […]Continue Reading... No Comments.
Indian government has deregulated the petrol price partially during last year 2010 but it is still not in a position to de-regulate the diesel and kerosene prices even after providing high subsidy for the same. To understand the reason let us look at the advantages and disadvantages to increase the petrol/diesel/kerosene prices hike… Advantages: Reduces […]Continue Reading... No Comments.