https://www.taxtmi.com/news?id=16219 Good policy and macroeconomic stability are central to cushioning India and the SAARC region from global shocks. Domestic measures include structural reforms, fiscal consolidation, an inflation framework with calibrated monetary policy, and cleaning up nonperforming assets alongside governance reforms to increase transparency. Four defenses against external imbalances are advanced: good policies; capital flow management and swap arrangements; preventing extreme forex volatility; and building reserves. India has also pursued cautious short-term borrowing, liberalised FDI, calibrated exchange intervention, and reserve pooling including SAARC swap lines to limit spillovers and support regional stability. en-us Thu, 26 May 2016 13:13:24 +0530 Thu, 26 May 2016 13:13:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16219 Good policy and macroeconomic stability are central to cushioning India and the SAARC region from global shocks. Domestic measures include structural reforms, fiscal consolidation, an inflation framework with calibrated monetary policy, and cleaning up nonperforming assets alongside governance reforms to increase transparency. Four defenses against external imbalances are advanced: good policies; capital flow management and swap arrangements; preventing extreme forex volatility; and building reserves. India has also pursued cautious short-term borrowing, liberalised FDI, calibrated exchange intervention, and reserve pooling including SAARC swap lines to limit spillovers and support regional stability. News - Thu, 26 May 2016 13:13:24 +0530 https://www.taxtmi.com/news?id=16219