![Important Factors of Economic Environment Structure & Nature of Economy Economic Conditions Economic Policies Global Linkages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Recomendados
Más contenido relacionado
La actualidad más candente
La actualidad más candente (20)
Destacado
Destacado (20)
Similar a Economic policy
Similar a Economic policy (20)
Más de domsr
Más de domsr (20)
Último
Último (20)
Economic policy
- 1. ECONOMIC POLICY Concept and Implications
- 4. Economic Policy "Economic policy of any nation is a powerful instrument on the part of policy makers to direct the economy in the desired direction if formulated such a policy properly and implemented effectively. The India’s Economic Policy is formulated keeping into consideration India's immediate as well as long term economic requirements. The India Economic Policy is adopted so far has given rich dividends.
- 8. Objectives of IIP The main objectives of the India Economic Policy is to take care of the basic parameters of the Indian Economy as mentioned below: Agriculture Industry Licensing Policy Monetary Policy Fiscal Policy Commercial Policy Pricing Policy
- 13. Relevant Economic Indicators Facilitating Economic Comparisons (Source: WB, WDR-2006) Country/ Region GNI GNI (PPP) GNI per capita GNI (PPP) per capita $ billion Rank $ billion Rank (Dollars) (Dollars) USA 12,151 1 11,655 1 41,400 39,710 Japan 4,750 2 3,838 3 37,180 30,040 Germany 2,489 3 2,310 5 30,120 27,950 UK 2,016 4 1,869 6 33,940 31,460 France 1,859 5 1,759 7 30,090 29,320 China 1,677 6 7,170 2 1,290 5,530 Italy 1,504 7 1,604 8 26,120 27,860 Canada 906 8 978 12 28,390 30,660 Spain 876 9 1,035 9 21,210 25,070 Mexico 703 10 995 10 6,770 9,590 India 675 11 3,347 4 620 3,100 Korea, Rep. 673 12 982 11 13,980 20,400 World 39,834 - 55,584 - 6,280 8,760 High Income Countries 32,064 - 31,000 - 32,040 30,970 Middle Income Countries 6,594 - 19,483 - 2,190 6,480 Low Income Countries 1,184 - 5,279 - 510 2,260
- 14. Contribution of Services Sector To Value Added as % of GDP (Source: WB, WDR-2009) Country/Region 1980 1990 2003 2009 (Apprx.) World 56 60 68 70 High Income Economies 59 64 71 72 Low & Middle Income Economies 42 46 51 55 India 39 42 52 54
- 15. Revenue , Fiscal & Primary Deficit Revenue Deficit = Revenue Expenditure – Revenue Receipts Fiscal Deficit = Total Expenditure (Revenue + Capital) – Total Income (Revenue Receipts + Recovery of Loans + Other Receipts) Primary Deficit = Fiscal Deficit – Interest Payments