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Arthapedia is a portal for facilitating understanding of the Indian Economy and its governance by explaining the concepts used in the economic policy domain in India.
Arthapedia is a portal for facilitating understanding of the Indian Economy and its governance by explaining the concepts used in the economic policy domain in India. Arthapedia is managed by government economists of India known as Indian Economic Service (IES) Officers.
Share. The policy rate is the key lending rate of the central bank in a country. It is a monetary policy instrument under the control of the Central Bank -Reserve Bank of India (RBI) - to regulate the availability, cost and use of money and credit.
The Monetary Policy Committee (MPC) is a committee of the Central Bank in India ( Reserve Bank of India ), headed by its Governor, which is entrusted with the task of fixing the benchmark policy interest rate (repo rate) to contain inflation within the specified target level.
The consumer price index number measures changes only in one of the factors; prices. This index is an important economic indicator and is widely considered as a barometer of inflation, a tool for monitoring price stability and as a deflator in national accounts.
Cabinet Committee on Political Affairs (CCPA) Cabotage. Calamity of Severe Nature. Calamity Relief Funds (CRF) Capital Budget. Carriage by Road Act, 2007. Cash based Accounting System Versus Accrual Accounting System. Cash Reserve Ratio (CRR) Central Bank Digital Currency (CBDC)
The recent introduction of new series of national accounts by Central Statistics Office (CSO) revised the base for National Accounts Statistics to 2011-12 from 2004-05 [1] , which was last set in January, 2010. Along with revision of base, a number of methodological changes have also been made.
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Aug 29, 2011 · You may have used Wikipedia and other such reference portals but a new government website that demystifies economic jargon has made its debut aimed at ushering in transparency and spreading ...
In India, there are three main components in WPI – Primary Articles (weight: 22.62%), Fuel & Power (weight: 13.15%) and Manufactured Products (weight: 64.23). Within WPI, Food Inflation is also calculated on year-on-year basis. Apart from WPI, CPI is also computed to capture inflation in India.
