Financial Reform in India

The reforms have been driven by a thrust towards liberalization and several initiatives such as liberalization in the interest rate and reserve requirements have been taken on this front. At the same time, the government has emphasized on stronger regulation aimed at strengthening prudential norms, transparency and supervision to mitigate the prospects of systemic risks. The book entitled Financial Reform in India is designed into fifteen chapters which deal with the impact of liberalisation of financial regulations money market, capital market, stock market, disinvestment, foreign direct investment,  public-private partnership,  insurance reforms,  mutual fund industry, tax reforms,  Central-State financial relation, devaluation, inflation and deflation, national income and Government budget. It is hoped that this book will be very useful society in general and students of Economics/Commerce in particular.