Financial reforms and industrial sector in India
By: Khanna, Sushil.
Material type:
ArticlePublisher: 1999Description: p.3231-241.Subject(s): India - Industries | Financial administration - India | Financial policy
In:
Economic and Political WeeklySummary: Indian financial sector reforms have failed to achieve their goal of making the sector more efficient, and there has been a hardening of interest rates `instead of the cheaper credit that was promised. These reforms have had disastrous effects on the industrial sector leaving Indian firms vulnerable to the foreign competitor. While MNCs have been allowed to bring in funds, institutional long-term finance for Indian firms has been curtailed. - Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | Volume no: 34, Issue no: 45 | Available | AR43453 |
Indian financial sector reforms have failed to achieve their goal of making the sector more efficient, and there has been a hardening of interest rates `instead of the cheaper credit that was promised. These reforms have had disastrous effects on the industrial sector leaving Indian firms vulnerable to the foreign competitor. While MNCs have been allowed to bring in funds, institutional long-term finance for Indian firms has been curtailed. - Reproduced
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