Physical Sciences and Mathematics Commons^™

General Equilbrium Analysis Of Price And Distribution Controls For Foodgrains And Textiles In India., P. V. Srinivasan Dr.

Doctoral Theses

Unlike in many developed countries, in India, institutions for distribution of goods and services are not well developed. Hence policy makers are concerned with the development of economic institutions to promote growth, remove unemployment and eradicate poverty. In addition to the general fiscal and monetary policy instruments such as taxes, su bsidies, bank rate, open market operations etc, the government also uses several price and non-price controls. For example, it administers the prices of essential inputs such as steel, coal, power ete, and distributes certain essential commodities through ration s hops at a price lower than the market prices.One way …