ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Government Securities Dominate Market

Operations in government securities have overwhelmingly dominated both the primary and secondary markets to the neglect of primary lending for productive purposes. The Budget for 2000- 2001 promises no change in this situation.

Need for Expansionary Fiscal and Monetary Policies

If the recovery in the economic tempo has to be sustained and stepped up, the ensuing central budget must bring about a significant improvement in development expenditure as well as capital expenditure. Simultaneously the RBI must inject liquidity into the hands of banks and financial institutions so that they can expand further their credit base.

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