cover image: The Eastern Economist  December 21  1945

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The Eastern Economist December 21 1945

1945

The next issue will come out on January 4 1946." India and Bretton Woods Agreements WITH the ratification by the House of Commons in Britain of the Bretton Woods Agreements and the decision to join the International Monetary Fund and the Bank another milestone has been reached towards the way to International Monetary Coperation. [...] THE EASTERN ECONOMIST Budgeting for the Transition THE new Central Legislature which will be assemlin in the third week of January next will be called upon to discuss and pass the budget for the firstdiravplete financial year after the end of the war irt Mann and Asia. [...] In other words the high level of revenue which the Government has been getting and could also expect to get in the next fiancial year cannot be maintained on the present level unless the Government actively helps in the building up of our taxable capacity through the ecouragement of productive efforts.. [...] The over-all 'reference for liquidity reflected in the larger increase in demand deposits iiileharacteristft of every banking system since the TErties but recent trends seem to point to the feeilikg in the minds of the owners of the deposits that reasonable conditions of economic stability have been reached to warrant scme relaxation of the dmand for liquidity. [...] In the second place if' economic policy during the transition aims deliberately at bringing down the level of prices to a desirable height it will involve on the part of the banks a marking down of comodity values the opposite of what happened in the inflationary phase 1943-45.
commerce industry
Pages
39
Published in
India
SARF Document ID
sarf.120077
Segment Pages Author Actions
Frontmatter
905-905 P.S. Lokanathan view
India and Bretton Woods Agreements
905-906 P.S. Lokanathan view
Budgeting for the Transition
907-908 P.S. Lokanathan view
War-time Banking
908-911 P.S. Lokanathan view
The Weeks Notes
912-915 P.S. Lokanathan view
The Recent Labour Conference
916-917 P.S. Lokanathan view
The World Abroad
918-919 P.S. Lokanathan view
A Delhi Diary
920-920 P.S. Lokanathan view
Money Market
921-923 P.S. Lokanathan view
The Business World
924-926 P.S. Lokanathan view
Notes
926-927 P.S. Lokanathan view
Letter to the Editor
928-928 P.S. Lokanathan view
Books Received
929-929 P.S. Lokanathan view
From the Provincial Angle
930-934 P.S. Lokanathan view
Agriculture
935-935 P.S. Lokanathan view
Current Statistics
936-939 P.S. Lokanathan view
Backmatter
940-940 P.S. Lokanathan view

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