Details
Mini Case Code : CLIBE058
Publication date : 2005
Subject : International Business Environment
Length : 04 Pages
Price : Rs. 100
To download this case click on the button below, and select the case from the list of available cases:
»
International Business
Environment
»
Business Environment
Case Studies**
»
Case Studies Collection
»
ICMR Courseware
»
View Detailed Pricing Info
Key words:
Inflation, economy, population, infrastructure development, goods, services, products, primary articles, Government of India (GoI), Reserve Bank of India (RBI), commodities, CRR, bank rate, repo rate, credit policy
Note
* This caselet is intended for use only in class discussions.
** More comprehensive case studies are priced at Rs.200 to Rs.700 (US $5 to US
$16) per copy.
Abstract
The caselet explains the trends in inflation in India and the impact of inflation on the economy as a whole. It explains the reasons for inflation and measures to be taken to control it. It even highlights the role of RBI in helping government to manage inflation.
|
Issues:
» Impact of inflation on the Indian economy.
» Reasons for increasing inflation rates in India.
» Measures taken by the Indian government (fiscal measures) to control inflation.
» Role of RBI (monetary measures) in managing inflation in India.
Introduction
India is a fast growing economy and has the potential to compete with the other
big economies of the world. However, a growing population, increasing inflation,
political instability, need for infrastructure development, and many other
issues are causes for concern for the Indian economy.
|
|
In fact, these issues are preventing the growth of the Indian economy to a
considerable extent. Out of all these factors, it is the impact of inflation
that is felt across all sections.
Inflation has a direct impact on the lives of the people in the country.
People’s capacity to buy goods and services is affected by the inflation rate in
the country....
Questions for Discussion:::
1. Inflation has to be tackled efficiently to ensure the future growth of the Indian economy. How do you find the inflation situation in the financial years 2004 and 2005 in India?
2. Comment on the measures taken by the GoI and RBI to control inflation. How successful do you think they will be in controlling inflation?