Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

RBI’s steps on FCNR gets FSDC node

The Financial Stability and Development Council (FSDC) recently said that the Reserve Bank of India has taken the right steps to address the issue of concessional swaps against  deposits.

Monetary Policy Committee

Finance Minister announced Monetary Policy Committee expected to bring value and transparency to rate-setting decisions.The Government amended the RBI Act to hand over the job of monetary policy-making in India to a newly constituted Monetary Policy Committee MPC on June 27 2016

Second Five Year Plan

  • The second five year plan was bolder than the first five year plan 
  • It involves the plan of development of both Urban and Rural India