Monetary and Fiscal Issues in Development Process

Contents: 1. Goods and Services Tax (GST): Prospects, Opportunities and Challenges. 2. GST Direct Taxes in India and Tamil Nadu. 3. GST on E-Commerce in Retail Sector. 4. Goods and Services Tax (GST) and Direct Tax Code. 5. GST: A Revolutionary Change in Indian Economy. 6. Reforming Indian Economic Development with Goods and Services Tax (GST). 7. Policy Implications of Goods and Services Tax (GST). 8. Impact of GST on Consumer Goods. 9. Impact of Goods and Service Tax (GST). 10. GST on Indian Economy. 11. Trend and Macro Economic Linkages of Foreign Direct Investment (FDI). 12. Digital Payment and its Role in Transforming Indian Economy. 13. Corruption in India: Nature, Impact, Causes, Consequences and Possible Remedial Measures. 14. Public Expenditure on Education in India. 15. Public Debt and Deficits at Sub-National Level. 16. Macroeconomic Factors Influencing the Non-Performing Assets (NPAs) in the Indian Banking Sector. 17. Fiscal Deficit Composition and Economic Growth. 18. Issues in Financial Deregulation. 19. Poverty and Sustainable Development. 20. Determination of the External Value of Rupee. 21. Management of Public Finance in the Kolhapur State. 22. Problems and Challenges of Loan Recovery: With Special Reference to Pragathi Grameena Bank in Shikaripura, Karnataka. This book examines monetary and fiscal issue in the growth process. The exponents of growth theories and models have advocated about balanced growth with stability. The monetarists regard monetary policy is more effective than fiscal policy, but Keynesians hold the opposite view and support the relative effectiveness of monetary and fiscal policy. The GST is the major step towards simplifying the tax system in India, the complexity of system has so far resulted in evasion of taxes and the creation of black money in the country. The amount of black money is so huge that it is said to run almost like the parallel economy in the country. This book is intended to meet the requirement of students, teacher and research scholars. It will be useful to the candidates for the various competitive examinations. …