Volume : IV, Issue : X, October - 2014

Political Stability and Macroeconomics Variables Volatility in India

Manoj Kumar, Bhavya Singhal

Abstract :

This paper investigates the relationship between Political Stability and Economic growth for the period of 1996–97 to 2012–13 quarterly in India. Political Stability is measured by duration of government and economic volatility analyzed by the GDP growth, Inflation and Exchange Rate. This paper also examines the coordination of Finance Ministry and Prime Ministry to tackle the problem of economics. How much ruling government controls the economic indicators? Stable government also helps in growing the positive sentiments in an economy. But the tenure of NDA cannot fulfill the targeted growth rate with the experiment to change the finance ministers. Second tenure of UPA government hurts the public with higher inflation rate and lower growth rate.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Manoj Kumar, Bhavya Singhal Political Stability and Macroeconomics Variables Volatility in India Indian Journal of Applied Research, Vol.4, Issue : 10 October 2014

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