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
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