IMBALANCES IN THE INDIAN ECONOMY

The main task of this research is the analysis of the key imbalances in the Indian economy, as well as their reasons and consequences. The article highlights the main directions of the Indian government’s policy in the 1990–2000s aiming to overcome these imbalances. The author focuses on the imbalan...

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Autor principal:	N. V. Galistcheva
Formato:	article
Lenguaje:	EN RU
Publicado:	MGIMO University Press 2015
Materias:	indian economy liberal reforms imbalances in the national economy imbalances in using resources the labour resource the capital resource imbalances in the real sector of the indian economy the small-scale industry in india the cottage industries in india the unorganized sector of the indian money market the imbalances in the indian external economic sector forecasts of the indian economy development International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/855038cbc62d439baf1a09a5ea1b28f3
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id	oai:doaj.org-article:855038cbc62d439baf1a09a5ea1b28f3
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spelling	oai:doaj.org-article:855038cbc62d439baf1a09a5ea1b28f32021-11-23T14:51:02ZIMBALANCES IN THE INDIAN ECONOMY2071-81602541-909910.24833/2071-8160-2015-4-43-242-254https://doaj.org/article/855038cbc62d439baf1a09a5ea1b28f32015-08-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/2869https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099The main task of this research is the analysis of the key imbalances in the Indian economy, as well as their reasons and consequences. The article highlights the main directions of the Indian government’s policy in the 1990–2000s aiming to overcome these imbalances. The author focuses on the imbalances in the financial, real and external economic sectors of the Indian economy and underlines features of using labour, financial, scientific and technical resources, which are necessary for its successful development. The article underlines contradictory conditions of the present economic development in India and coexistence of the capitalist and pre-capitalistic ways of production (the small-scale industry), including the cottage industries, in the Indian real sector. At the same time the contemporary economic policy of the Indian government doesn’t aim at the elimination of the pre-capitalistic way of production but at the large-scale business’ activity restrictions in the sphere of the small-scale industry. This policy aims at the creation of favorable economic conditions for the small-scale industry. The author notes the main problems of the social sector of the Indian economy and in the human resources development and points out in the sphere of education the unresolved problems connected with equality of educational opportunities and availability of secondary and higher education for the considerable strata of the Indian population and also with deterioration of academic standards etc. The article also presents statistical data on the present state of the Indian external debt, fiscal deficit, the foreign exchange reserves as well as the dynamics of the Indian external trade, foreign direct investments’ inflow and remittances of the Indian diasporas.N. V. GalistchevaMGIMO University Pressarticleindian economyliberal reformsimbalances in the national economyimbalances in using resourcesthe labour resourcethe capital resourceimbalances in the real sector of the indian economythe small-scale industry in indiathe cottage industries in indiathe unorganized sector of the indian money marketthe imbalances in the indian external economic sectorforecasts of the indian economy developmentInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 4(43), Pp 242-254 (2015)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	indian economy liberal reforms imbalances in the national economy imbalances in using resources the labour resource the capital resource imbalances in the real sector of the indian economy the small-scale industry in india the cottage industries in india the unorganized sector of the indian money market the imbalances in the indian external economic sector forecasts of the indian economy development International relations JZ2-6530
spellingShingle	indian economy liberal reforms imbalances in the national economy imbalances in using resources the labour resource the capital resource imbalances in the real sector of the indian economy the small-scale industry in india the cottage industries in india the unorganized sector of the indian money market the imbalances in the indian external economic sector forecasts of the indian economy development International relations JZ2-6530 N. V. Galistcheva IMBALANCES IN THE INDIAN ECONOMY
description	The main task of this research is the analysis of the key imbalances in the Indian economy, as well as their reasons and consequences. The article highlights the main directions of the Indian government’s policy in the 1990–2000s aiming to overcome these imbalances. The author focuses on the imbalances in the financial, real and external economic sectors of the Indian economy and underlines features of using labour, financial, scientific and technical resources, which are necessary for its successful development. The article underlines contradictory conditions of the present economic development in India and coexistence of the capitalist and pre-capitalistic ways of production (the small-scale industry), including the cottage industries, in the Indian real sector. At the same time the contemporary economic policy of the Indian government doesn’t aim at the elimination of the pre-capitalistic way of production but at the large-scale business’ activity restrictions in the sphere of the small-scale industry. This policy aims at the creation of favorable economic conditions for the small-scale industry. The author notes the main problems of the social sector of the Indian economy and in the human resources development and points out in the sphere of education the unresolved problems connected with equality of educational opportunities and availability of secondary and higher education for the considerable strata of the Indian population and also with deterioration of academic standards etc. The article also presents statistical data on the present state of the Indian external debt, fiscal deficit, the foreign exchange reserves as well as the dynamics of the Indian external trade, foreign direct investments’ inflow and remittances of the Indian diasporas.
format	article
author	N. V. Galistcheva
author_facet	N. V. Galistcheva
author_sort	N. V. Galistcheva
title	IMBALANCES IN THE INDIAN ECONOMY
title_short	IMBALANCES IN THE INDIAN ECONOMY
title_full	IMBALANCES IN THE INDIAN ECONOMY
title_fullStr	IMBALANCES IN THE INDIAN ECONOMY
title_full_unstemmed	IMBALANCES IN THE INDIAN ECONOMY
title_sort	imbalances in the indian economy
publisher	MGIMO University Press
publishDate	2015
url	https://doaj.org/article/855038cbc62d439baf1a09a5ea1b28f3
work_keys_str_mv	AT nvgalistcheva imbalancesintheindianeconomy
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IMBALANCES IN THE INDIAN ECONOMY

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