September 18, 2014, 03:44:20 PM

Author Topic: Tight Monetary Policy Impacting Growth: Pranab  (Read 115 times)

Offline moneysingh

  • Local Moderator
  • Jimidar/Jimidarni
  • *
  • Like
  • -Given: 11
  • -Receive: 95
  • Posts: 1850
  • Tohar: 58
  • Gender: Male
  • ੴ ਮਨੀ ੴ
    • View Profile
Tight Monetary Policy Impacting Growth: Pranab
« on: November 25, 2011, 11:53:18 AM »
Finance Minister Pranab Mukherjee today said the tight monetary policy of the Reserve Bank which has helped in curbing inflation has also impacted growth.
 "While the increase in repo rate along with other monetary measures has impacted the inflationary pressures favourably, there are visible sign of moderation in the growth of different sectors of the economy," Mukherjee said in a reply to the Lok Sabha. The Reserve Bank has hiked policy rates 13 times since March, 2010 to contain the near double-digit inflation. Inflation for October stood at 9.73 per cent.
 India's GDP growth rate has been projected at 8.5 per cent in 2010-11, but there are apprehensions that it may slip below 8 per cent due to the global economic turmoil, coupled with high inflation and interest rates in the country. Mukherjee said the impact of such rate hikes is visible on the interest rate sensitive sectors, such as real estate, consumer durables and automobile, where demand is slowing.
 He said the government is monitoring the price situation regularly and is working on ensuring price stability. Food inflation, which account of 15 per cent in the overall inflation, stood at 9.61 per cent for the week ended November 12. He said the government has taken several steps to contain prices of essential commodities by reducing import duty on wheat, onion and pulses to zero. Besides, a ban on the export of edible oil and pulses and futures trading in rice, urad and tur was among the measures taken by the government to moderate essential commodity prices.

Punjabi Janta Forums - Janta Di Pasand

Tight Monetary Policy Impacting Growth: Pranab
« on: November 25, 2011, 11:53:18 AM »

 

Related Topics

  Subject / Started by Replies Last post
9 Replies
1781 Views
Last post August 28, 2008, 02:37:35 PM
by ~PunjabiKudi~
3 Replies
411 Views
Last post May 25, 2010, 12:49:27 PM
by Insane
14 Replies
909 Views
Last post July 13, 2012, 07:57:05 AM
by ҂ ȿḉặᵰɗἷἧäѷїѧҋ↔ᶀɍǐȶĩṧӊ ₰
8 Replies
342 Views
Last post September 27, 2010, 12:55:58 PM
by Nek Singh
0 Replies
134 Views
Last post November 19, 2011, 10:39:36 AM
by moneysingh
0 Replies
130 Views
Last post November 19, 2011, 10:46:53 AM
by moneysingh
0 Replies
117 Views
Last post November 30, 2011, 04:57:17 PM
by moneysingh
2 Replies
232 Views
Last post December 27, 2011, 01:05:41 AM
by Jattnetics
38 Replies
3839 Views
Last post November 20, 2012, 05:48:12 AM
by Vachari jhalii
1 Replies
516 Views
Last post August 28, 2012, 05:37:32 AM
by ҂ ȿḉặᵰɗἷἧäѷїѧҋ↔ᶀɍǐȶĩṧӊ ₰

* Who's Online

* Recent Posts

ki tusi bhoot ch wishwas karde ho? by gujjar no1
[Today at 03:41:46 PM]


tusi kehra fruit like karde ? by gujjar no1
[Today at 03:35:11 PM]


Main nahi jana School( India De Jawak) by Munda Parle Mohr wala
[Today at 03:16:14 PM]


ਤੁਹਾਡਾ ਜਨਮ ਕਿਸ ਮਹੀਨੇ ਹੋਇਆ ਸੀ..? by Munda Parle Mohr wala
[Today at 03:12:24 PM]


Live Radio Request maroo!!! by Munda Parle Mohr wala
[Today at 03:06:41 PM]


You know you're Panjabi when... by punjabi_queen
[Today at 03:06:31 PM]


marriage bare vi vichar a tuhada? by Munda Parle Mohr wala
[Today at 03:02:59 PM]


Post DC Radio baarey anthing Dj Feedbacks/ Interviews/ Highlights/ Recordings! by gujjar no1
[Today at 02:58:07 PM]


Song ur listening to? by Munda Parle Mohr wala
[Today at 02:57:23 PM]


I can't be with you if... by punjabi_queen
[Today at 02:49:44 PM]


something about yourself that people really don't know by Munda Parle Mohr wala
[Today at 02:48:50 PM]


why did you'll ban ਚੱਜ ਦੀ ਲਭਦੀ ਨਹੀ ਜਣੀ ਖਣੀ ਸਾਡੇ ਨਾਲ ਜਚਦੀ ਨਹੀਂ???? by rav
[Today at 01:22:28 PM]


Do Sikhs believe in Swarg and Narak ? by Jattnetics
[Today at 12:30:25 PM]


Dastar Mukabla 2014 by gujjar no1
[Today at 11:47:05 AM]


5aban JaTTI(anoop) aka тяιραт кαυя PJ Mutiyaar Promotion by gujjar no1
[Today at 09:44:47 AM]


how to use forum by lion.of.punjab
[Today at 09:21:17 AM]


User of the day by ਆਉਦੇ ਕਿੱਲੇ 45 ਪੱਕੀ ਅੱਸਲੇ ਨਾਲ ਯਾਰੀ ;)
[Today at 12:28:27 AM]


PJ VIP user by ਆਉਦੇ ਕਿੱਲੇ 45 ਪੱਕੀ ਅੱਸਲੇ ਨਾਲ ਯਾਰੀ ;)
[Today at 12:24:07 AM]


which user vist ur profile most by Mr. 832
[Today at 12:23:32 AM]


Ajj kinne peg laye ..te kyn laye daso ajj kinne peg by ਆਉਦੇ ਕਿੱਲੇ 45 ਪੱਕੀ ਅੱਸਲੇ ਨਾਲ ਯਾਰੀ ;)
[Today at 12:00:05 AM]


Request Video Of The Day by Mr_Riight
[September 17, 2014, 11:58:33 PM]


PJ confessions by ਆਉਦੇ ਕਿੱਲੇ 45 ਪੱਕੀ ਅੱਸਲੇ ਨਾਲ ਯਾਰੀ ;)
[September 17, 2014, 11:58:13 PM]


pj da sabb ton shreef user da name daso by ਆਉਦੇ ਕਿੱਲੇ 45 ਪੱਕੀ ਅੱਸਲੇ ਨਾਲ ਯਾਰੀ ;)
[September 17, 2014, 11:50:48 PM]


TUHADI "PJ" JOIN KARAN DI WAJAH DASSO!!! by ਆਉਦੇ ਕਿੱਲੇ 45 ਪੱਕੀ ਅੱਸਲੇ ਨਾਲ ਯਾਰੀ ;)
[September 17, 2014, 11:47:56 PM]


tusi kehrhi cheez dekh k bohut khush hunde o?? by ਆਉਦੇ ਕਿੱਲੇ 45 ਪੱਕੀ ਅੱਸਲੇ ਨਾਲ ਯਾਰੀ ;)
[September 17, 2014, 11:45:58 PM]