RBI DOMESTIC POLICIES

Dr Jyoti Sharma

Senior Academic consultant

MAHIAA  ENERGY AND ENVIRONMENT

TECHNOLOGY CONSULTANCY SERVICES DELHI

The most potent domestic risk is fiscal slippage in an electronic election year . In the recent past state government finance have in general deteriorated responding to an crisis states have implanted  farm loan waivers 

Reserve Bank of India's monetary policy committee on Wednesday 2018 voted to increase the central bank policy rate by 0.25% the second straight increase . The tone of the monetary policy statements suggest that RBI is not really perturbed by the trajectory inflation will follow over the  next bfew months . looking ahead , the policy statement high lights risk factor which has gained prominence in recent weeks is the esclation in the trade battle between US and China

Separately , NDA government has announced a marked increase in support prices for the larger  point is that its important that NDA sticks to budget targets for deficits . Given the uncertainty stemming from external sources , the  best way to insulate the economy is to hold the line of fiscal targets

GREEN TAXATION PROVES TO BE AN INCENTIVES FOR OUR ENVIRONMENT

Dr Jyoti Sharma

Senior Academic consultant

MAHIAA  ENERGY AND ENVIRONMENT

TECHNOLOGY CONSULTANCY SERVICES DELHI

The necessary transformation of our Indian economy systems represents a fundamentally different challenge in economics sectors and regions of the world . this is some times reflected in the debate on the concept of "Green Economy"
Green Taxes ( also called  environmental taxes or pollution taxes or eco taxes ) are excise on environmental pollutants or on goods whose are produces such pollutants . Green taxes are meant a kind of economic instruments to address environmental problems
To combat the negative environmental effects states in India (Maharastra, AP,HP and karnataka august 2010) have implemented a "nano green tax" to fight pollution from old vehicles and creating better public transportation . Very recently Bangladesh imposed green tax (June 2014) to force polluting impacts on aquatic environment
The policies may be designed on the model discussed to bring out optimal contribution of  industry  sector towards generating resources for economic growth and to bridge socio -economics divide
Green tax proves to be deterrent tool towards environmental degradation and optimal energy utilisation