India: Recent Economic Developments and Selected Issues
October 16, 2001
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India rebounded strongly from its 1991 balance-of-payments crisis, aided by structural reforms and other policy adjustments. The government has sought to reinvigorate the process of structural and fiscal reform. The paper examines trends in interstate differences in rural poverty; reviews India's postal saving system and possible reform issues; describes and evaluates the current system of pensions and provident funds, and discusses reform options. The paper also briefly reviews the structure of and recent developments in the Indian foreign exchange market.
Subject: Commercial banks, Economic sectors, Financial institutions, Labor, Pensions, Poverty, Public sector, Retirement, Revenue administration
Keywords: Africa, Asia and Pacific, chapter IX, Commercial banks, CR, deposit, dollar rate, exchange rate, GDP, Global, India, ISCR, Pensions, private sector, Public sector, reform issue, U.S. dollar, Western Europe
Pages:
164
Volume:
2001
DOI:
Issue:
181
Series:
Country Report No. 2001/181
Stock No:
1INDEA0012001
ISBN:
9781451818550
ISSN:
1934-7685
