Mainstream Weekly

Long-run Foreign Investors: Are they Easy Nuts to Crack?

Anshuman Gupta — 2013-05-18T16:08:46Z

Recently the Finance Minister was on a tour to Europe to lure the foreign investors to invest in India. Some years back, India was among the preferred destinations for the foreign investors. However, that is no more the case. If one attempts to verify it through figures, foreign direct investment (FDI) has been at an all-time low during the last two years. India's current account deficit (CAD) is at an all-time high as a proportion of the GDP, and this is being met mainly through portfolio (…)

- 2013

Budget, Fiscal Deficit and Expectations

Anshuman Gupta — 2013-02-26T17:04:50Z

Budget time is very significant for an economy. It gives an opportunity to take stock of how the economy fared during the previous year and setting targets for the coming year. These targets are fixed on the basis of expectations or assump-tions of certain variables. The proficiency of the government is reflected on how accurately it makes the expectations of these variables. More often than not, the government is tempted to give a very rosy picture about the coming fiscal year by presenting (…)

- 2013

A Pre - and Post - Budget Analysis

Anshuman Gupta — 2012-03-27T19:42:56Z

Pre-Budget Outlook
The Budget is very significant for an economy. It gives the direction to the economy by presenting the statement of its total expenditures and revenues, and initiating the new economic programmes. Though its importance has scaled down after 1991 as a result of the pro-market reforms' programme, it still holds a significant position for the businesses.
This year the Budget is important for more than one reason. It is the second last Budget for the present government (…)

- 2012

Mid-Term Monetary Policy Review: The Way Ahead

Anshuman Gupta — 2012-02-14T17:24:11Z

In a sovereign state, the economy is regulated largely by the monetary and fiscal policies. Their roles increase in significance even more in a market economy, where there is no scope for direct controls. There is always a need for the judicious coordination of both the policies for achieving the desired optimal results. However, in reality this is not always the case. More often than not the political economy decides which tool should be used more in proportion and it is invariably the (…)

- 2012

Union Budget 2011-12: The Road Ahead

Anshuman Gupta — 2011-03-16T10:25:05Z

Many economic changes have occurred in India after the year 1991, supposed to be a watershed year in the economic history of India. These changes can even be observed at the budget level as well. They mainly include change in the people's attitude to the Budget, enhance-ment in the eagerness of the people for the Budget, and change in the seriousness of the government to the Budget.
Elaborating briefly on these three conspicuous changes, first, now the common man waits for the Budget (…)

- 2011

South-South Cooperation with Special Reference to Sub-Saharan African Countries

Anshuman Gupta — 2010-09-08T08:15:49Z

I. Introduction
After independence from colonial rule, which most of the countries of Africa were reeling under, these countries set out on the course of their economic development independently. Though some development had taken place even under colonial rule, it was circumstantial, based on the needs of the colonial masters, devoid of any proper planning and vision. So, virtually almost all countries of Africa had to start their journey of development from the scratch. In the 1950s and (…)

- 2010

Measures for Promoting Exports in the Short and Medium Terms

Anshuman Gupta — 2010-03-27T10:40:24Z

India has emerged victorious in the recent recession, which started in the US and engulfed the whole world in a short span of time. India could be able to secure a respectable rate of growth of 6.7 per cent during 2008-09, which is the second highest in world after China. This was mainly because of the domestic-led demand of the Indian economy and stimulus measures initiated by the government at the fiscal and monetary policy levels. However, the exports of India suffered a great deal as a (…)

- 2010