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The parallel economy in India: causes, impacts and governement initiatives

Economic Journal of Development Issues

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Title The parallel economy in India: causes, impacts and governement initiatives
 
Creator Sarkar, Sukanta; Lecturer, Department of economics, Department of Management, ICFAI University Tripura, Agartala,
 
Subject Economics
Black money; Inflation; Privatization; Real estate; India
 
Description The study has made an attempt to assess the overall profile of parallel economy in India, particularly in terms of causes, impacts and government initiatives. The results indicate that parallel economy has been expanding very rapidly in India as well as in developing countries. It is evident from the study that government of India already introduced various commissions for estimating black economy but estimation reports are not same. Indian government is more concerned about the prevalence of the parallel economy and various commissions are formed for controlling it but results are not so impressive. Thus, the paper suggests that recommendations of the commissions or laws should be implemented correctly for reducing bad effects of black economy.Key words: Black money; Inflation; Privatization; Real estate; IndiaEconomic Journal of Development Issues Vol. 11 & 12 No. 1-2 (2010) Combined IssuePage: 124-134Uploaded date: 10 April, 2012
 
Publisher Department of Economics Patan Multiple Campus
 
Contributor
 
Date 2012-04-11
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-Reviewed Article

 
Format application/pdf
 
Identifier http://www.nepjol.info/index.php/EJDI/article/view/6111
10.3126/ejdi.v11i0.6111
 
Source Economic Journal of Development Issues; Vol 11 & 12 (2010 & 2011); 124-134
2091-2285
2091-055X
 
Language eng
 
Relation http://www.nepjol.info/index.php/EJDI/article/view/6111/5017
 
Coverage India