Fiscal Deficit 2003 Format

  • October 2019
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View Fiscal Deficit 2003 Format as PDF for free.

More details

  • Words: 601
  • Pages: 19
Lehar Ajwani (2) Harkesh Bansal (5) Jaimin Patwa (19) Shweta Singh (22) Puneet Vyas (27)

 Difference

between the government's total expenditure and its total receipts (excluding borrowing) – Fiscal Deficit  Difference between the revenue expenditure and the revenue receipts (the recurring income for the government) - Revenue deficit  Fiscal Deficit – Interest payments = Primary Deficit



Foreign Direct Investment relates to direct investment in an Indian company either through a joint venture agreement or as a wholly owned subsidiary with management interest. Foreign direct investment is also permitted through the route of Global Depository Receipt/Euro issue/FCCB.



Types of FDI There are two types of FDI:  Greenfield investment : It is the direct investment in new facilities or the expansion of existing facilities.  Mergers and Acquisition : It occurs when a transfer of existing assets from local firms takes place.



Forbidden Territories: FDI inn India is not permitted in the following industrial sectors:  Arms and ammunition.  Atomic Energy.  Railway Transport.  Coal and lignite.  Mining of iron, manganese, sulphur, gold, diamonds, gypsum, copper,

      

Services (US$ 9,443 million) Electrical Equipment (US$ 8,964 million) Telecommunication (US$ 4,880 million) Transportation (US$ 3,856 million) Fuels (US$ 2,892 million) Chemicals (US$ 2,465 million) Construction (US$ 1,912 million). Components (Sectors)

      

Mauritius (US$ 20,808 million) – 41.89% US (US$ 6,215 million) – 12.03% UK (US$ 3,979 million) – 7.98% Netherlands (US$ 2,789 million) - 5.59% Japan (US$ 2,585 million) – 5.07% Singapore (US$ 2,033 million) – 4.05% Germany (US$ 1,917 million) – 3.69% Sources (Countries)



 

  

Steel tycoon Lakshmi Niwas Mittal has pledged an investment of about US$ 20 billion for building two 12-million-tonne steel plants in the states of Jharkhand and Orissa. Vodafone, the world's second-biggest mobile firm, plans to spend US$ 2 billion a year on capital expenditure in India. Eyeing the projected 15 per cent growth in the luxury car market segment, DailmerChrysler India Pvt Ltd, makers of Mercedes-Benz cars, has decided to set up a new plant in Pune. Israeli mall developer Plaza Center NV will invest US$ 1.22 billion over the next five-seven years to set up 50 malls in India. Nokia plans to invest US$ 100 million in India in the next three years to ramp up its capacity in Chennai. US-based aircraft engine manufacturer, Pratt and Whitney, plans to invest about US$ 30 million in the Infotech and spare parts manufacturing sector.





Foreign Portfolio investment represents passive holdings of securities such as foreign stocks, bonds, or other financial assets, none of which entails active management or control of the securities' issuer by the investor. Some examples of Portfolio investment are: purchase of shares in an Indian company.  purchase of bonds issued by the Indian government.  acquisition of assets in India. 



The Government of India in 1991 embarked on liberalisation and economic reforms with a view to bringing about rapid and substantial economic growth and move towards globalisation of the economy. As a part of the reforms process, the Government under its New Industrial Policy, for the first time, permitted portfolio investments from abroad by foreign institutional investors in the Indian Capital Market.



FIIs include  Asset Management Companies  Pension Funds  Mutual Funds  Investment Trusts as Nominee Companies  Incorporated / Institutional Portfolio Managers or their Power of Attorney holders  University Funds  Endowment Foundations  Charitable Trusts  Charitable Societies  Government Securities/Treasury Bills  Stocks of an Indian Company

Related Documents

Fiscal Deficit 2003 Format
October 2019 12
Ensayo Deficit Fiscal
August 2019 22
Deficit
June 2020 27
Resume 97-2003 Format
August 2019 26
Deficit Bugetar.docx
December 2019 25