India: 2010 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for India
February 14, 2011
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In this study, economic developments of India are discussed. Growth is among the fastest-growing in the world, social indicators are improving, and medium-term economic prospects are favorable. The Reserve Bank of India’s (RBI) efforts are used to tighten monetary conditions. The measures taken to increase the availability of long-term finance for infrastructure, especially, are helping to develop the corporate bond market. Executive Directors commended the introduction of the RBI’s financial stability report, the review of financial laws, and the creation of financial stability and development council.
Subject: Balance of payments, Capital inflows, External debt, Inflation, Infrastructure, National accounts, Prices, Public debt
Keywords: Capital inflows, CR, debt, deficit, deficit target, East Asia, Eastern Europe, food price inflation, Global, Inflation, inflation expectation, inflation projection, Infrastructure, ISCR, proceeds, revenue deficit
Pages:
86
Volume:
2011
DOI:
Issue:
050
Series:
Country Report No. 2011/050
Stock No:
1INDEA2011002
ISBN:
9781455217748
ISSN:
1934-7685
