Economic and Finance
[Abbr: Acd. Jr. AJEF]A Critique View- Impact of Demonetization on Real Estate
by Maulesh Patel
Demonetization hit hard people and sectors both, although short-lived impact were not as one expected people had to face many inconvenience. It had hampered growth rate of various industries especially real estate where cash flow needs to be smooth in order to run things flawlessly. It had caused abrupt stoppage of many projects resulting in creating chaos between migrant workers who lives on daily wage system. This study focuses on the impact of demonetization on real estate sector and brining in light the critique opinions that experts has about this sudden step, which has hampered economic conditions of many sectors and normal people of India. Keywords: Demonetization, Real Estate, Banking, Construction, India, Economy
Demonetization and Its Impact on Indian Economy
by Anand John Nellyet
Demonetization term is defined as the replacement of old currency with the new currency. In India, this phenomenon was conducted on 8 November, 2016 in which only high denomination notes 500 and 1000 was replaced because of the aim to remove the large amount of money from the society. Government took this steps due to various reason such as to reduce the black money and corruption from India and to develop a cashless society. By demonetization, people faced many problems as the daily routine of the people was disturbed by standing the long queue at the front of banks. But this phenomenon also affects in the positive way as a very huge and significant impact is seen in the Indian economy by the demonetization. This paper represent the different types of sectors that show the economy of the country and the impact of demonetization on these sectors. Keywords: Demonetization, Cashless Society, Economy
The Role of Bank in developing Economic Countries
by Manish Singh Baghel
Bank play a very significant role in monetary growth of country in modern’s economy system. Bank gather the extra saving of individual and allow them accessible for the purpose of investment. It also generate new request payments in development of permitting purchasing investment and loans to refuges and simplify trade in outside and inside country. According to RBI, the investment sector of India remains appropriately well-regulated and capitalized. In harmony with Reserve Bank of India Act 1934, RBI was well-known in year 1935. This bank is the central bank of India that is trusted with the multi-dimensional role. Reserve Bank of India was a private shareholder’s company which was nationalized in 1949. The central bank arranged in standard support to 10 small finance bank and 11 payments banks in 2015-16 in the month February. RBI’s recent procedures may go an elongated in mode of helping the rearrangement of the local banking industry. In present study, discuss about the banks role in economic developing countries. Keywords: Reserve Bank, Deposit, Economic Development, Capitalized
Role of Agricultural sector on Indian Economy
by Ajit Gupta
Agriculture sector is a primary sector which paly a most important role in economic growth of Indian economy. Recently, there are top two farm producers in the world. From the independency, it is considered as an important growing sector in the global economy. According to the current data, approximately, 58% population of rural families depend on the agriculture. As per the data of 2016-17, the primary sectors’ share like agriculture, forest, fishery, and livestock is assessed which is 20.4 per cent in Gross Value Added (GVA). Agriculture is proved as an employment for about two-thirds population in India. In proving the employment, agriculture sector has first place. As the agriculture has the value in foreign direct investment (FDI) as exports purpose through which it works as device for economic growth. This present study makes an analysis of agriculture sector in Indian economy and discuss about the ups and downs on the performance of agriculture sector. Keywords: Agriculture, GDP, Economy, India
Study of Financial Institution for Financial Growth
by Yogesh Badole
The financial development is stated as the method which is helpful in improving the quality, quantity and other related proficiency of monetary transitional services. It is very well known fact that each and every country of the world is found to be determined between the strong and strength economies entirely. It is found to be difficult and challenging to acquire the limited long time funds in the capital markets and hence there present no other institutions to support and provide long-standing finance. The financial system work as intermediate and hence simplifies the course of fund with constituting numerous units of system as well. Every individual country’s economic growth highlight on the part of financial institutions and hence focused on the eventual financial development. It was very firmly and knowingly discussed that the policymakers and related economists usually decide that the financial development basically focused on the financial institutions like investment and commercial bank and other related markets. Also covers the different characteristics which was followed for the purpose of knowing the financial system and hence dealing with the overall development of the nation. The present study focused on the study of growth and development of different aspects of financial institutions and how it is going to be helpful in the aspects of financial growth of the nation. Keywords- Financial Development, Economic Growth, Financial institutions, Policymakers