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

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Challenge of Macroeconomic Management after the 1998-99 Union Budget

This paper considers the problem of macroeconomic management in the Indian economy in the aftermath of the union budget of 1998-99, Three broad categories of problems to be tackled in the near future are identified: maintenance and enhancement of macroeconomic stability, making the capital market more attractive for investors and improving the supply side responses from the economy, A list of urgent reforms to advance these three important objectives of macroeconomic management is set out.

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