Implications of monetary policy on public debt servicing in India
By: George, Preeta and Joshi, Chinmay
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Material type: 
BookPublisher: Economic & Political Weekly Description: 59(19), May 11, 2024: p.46-52.
In:
Economic & Political WeeklySummary: The impact of the monetary policy rate, inflation, and government loan maturity on the cost of financing public debt from 1991–92 to 2022–23 is examined. It is seen that the MPR has a significant impact on the CFPD during this period. There is evidence of two structural breaks in the CFPD series. These breakpoints are identified in 1995–96 and 2002–03, which relate to liberalisation and market determination of interest rates on government borrowings and the implementation of the Fiscal Responsibility and Budget Management Act of 2003, respectively. – Reproduced
https://www.epw.in/journal/special-articles/implications-monetary-policy-public-debt-servicing.html
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
|
Indian Institute of Public Administration | 59(19), May 11, 2024: p.46-52 | Available | AR132041 |
The impact of the monetary policy rate, inflation, and government loan maturity on the cost of financing public debt from 1991–92 to 2022–23 is examined. It is seen that the MPR has a significant impact on the CFPD during this period. There is evidence of two structural breaks in the CFPD series. These breakpoints are identified in 1995–96 and 2002–03, which relate to liberalisation and market determination of interest rates on government borrowings and the implementation of the Fiscal Responsibility and Budget Management Act of 2003, respectively. – Reproduced
https://www.epw.in/journal/special-articles/implications-monetary-policy-public-debt-servicing.html
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