Economics Survey Lecture 9:Monetary Management and Financial Intermediation: A Good Year

The above video lecture is based on the Economic Survey 2022-23. Vajiram and Ravi will be publishing a series of lectures by Jayant Parikshat Sir, Indian Economy faculty for the General Studies Pre-cum-Main Comprehensive Programme. ( )

2022 was a year riddled with inflation. RBI had to follow a contractionary monetary policy. India also saw new instrument called as SDF which became our new floor rate.
G-Sec market saw high bond yield which cooled off recently.
The GNPA and NNPA of both SCB and NBFCs reduced.
Capital market saw some volatility in initial part pf 2022-24 but later became stable. India's capital market is extremely resilient compared to global markets.
This chapter also presents the possibility of regulating cryptocurrency in future.

The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman tabled the Economic Survey 2022-23 in Parliament, which projects a baseline GDP growth of 6.5 percent in real terms in FY24. The projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the IMF, and the ADB and by RBI, domestically. ( )
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