000 01380pab a2200193 454500
008 180718b2013 xxu||||| |||| 00| 0 eng d
100 _aBalaji, C.D.
245 _aThe Indian economic scenario: Growing challenges in a turbulent environment
260 _c2013
300 _ap.62-75.
362 _aJul-Sep
520 _aThe pace of India's economic growth gained momentum after the ushering in of liberalisation, privatisation and globalisation and most economic and social indicators improved. This encouraging scenario however was jolted by the global financial and economic crisis, which had its genesis in the US and then spread around the world in 2007-08. There has been a significant decline in agricultural, industrial and service sector growth rates. In the banking sector, NPAs have risen to alarming levels and corporate debt restructuring cases have increased. A fall in exports together with an increase in imports has widened the trade deficit. The rupee has fallen, tax revenues have not grown according to estimates and revenues from disinvestment and spectrum auctions have been below targets. While FIIs have flooded the market, there are inordinate delays in basic reforms. - Reproduced.
650 _aEconomic growth - India
650 _aEconomic growth
700 _aKumar, S. Praveen
773 _aWorld Affairs
908 _aN
909 _a101611
999 _c101609
_d101609