RBI Bulletin - May 2022 - ಆರ್ಬಿಐ - Reserve Bank of India
RBI Bulletin - May 2022
The Reserve Bank of India today released the May 2022 issue of its monthly Bulletin. The Bulletin includes Monetary Policy Statement, 2022-23, Resolution of the Monetary Policy Committee (MPC) - May 2 and 4, 2022, one speech, four articles and current statistics. The four articles are: I. State of the Economy; II. Financial Stocks and Flow of Funds of the Indian Economy 2019-20; III. Growth Maximising External Debt of India; and IV. Irrigation Management for Sustainable Agriculture. I. State of the Economy The Indian economy consolidated its recovery, with most constituents surpassing pre-pandemic levels of activity. Heightened global risks stemming from weakening growth, elevated inflation, supply disruptions on account of geopolitical spillovers and financial market volatility stemming from synchronised monetary tightening pose near-term challenges. II. Financial Stocks and Flow of Funds of the Indian Economy 2019-20 The article presents instrument-wise financial stocks and flow of funds (FSF) for the following five broad institutional sectors – i) financial corporations; ii) non-financial corporations; iii) general government; iv) households including non-profit institutions serving households; and v) rest of the world, on a ‘from-whom-to-whom’ (FWTW) basis for the year 2019-20. In view of methodological refinements and improvements imparted in the sourcing of data, revised series of the FSF accounts from 2011-12 to 2018-19 are also released along with the article. Highlights:
III. Growth Maximising External Debt of India In the post-pandemic era, the relationship between external debt and economic growth has come to occupy the center-stage of policy research. Against this backdrop, this article investigates the relationship between external debt and growth with a view to identify the growth maximising threshold level of external debt for India. Highlights:
IV. Irrigation Management for Sustainable Agriculture In the backdrop of recurrent episodes of drought and declining ground water table, ensuring irrigation efficiency is of paramount importance for sustainable agriculture. This article analyses the trends in the area-weighted cost and efficiency of irrigation across 19 agriculturally important Indian states using the Comprehensive Cost of Cultivation data published by the Ministry of Agriculture and Farmers’ Welfare, Government of India for the period from 2002-03 to 2017-18. Highlights:
(Yogesh Dayal) Press Release: 2022-2023/221 |