RECENT DEVELOPMENTS IN

POLITICAL, ECONOMICAL &

FINANCIAL ENVIRONMENT

Keshri Nandan Chaudhary

Asst. Professor
LSB
Political environment
 Full majority of UPA government
 Political stability
 Weak coalition party like left front and RJD
 A case of NANO : moved out of West Bengal
 Avg. GDP of 7-8 % in last decade
 Disinvestment of PSU’S
 Tax base should be broadened
New Government headed by growth oriented
economists

 Prime Minister
Finance MinisterManmohan
P Chidambaram
Singh, who launched
liberalization in 1990s
International relation of India
 Relation with Nepal & Bhutan
 Relation with China
 Relation with EU countries
 Relation with ASEAN
 Relation with USA
 us civilian nuclear energy agreement

 Relation with other big economies like Japan, Brazil

 Concept of ‘BRIC’ nations
 India in SAARC
Issues to discuss
 Weakening of DOLLAR VS RS
 Global melt down
 Subprime crisis
 Crash of Indian stock market
 FDI & FII in India
 Outsourcing issues with Obama administration
 China as a manufacturing hub vs India as a
competent service provider