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The Indian money market consists of diverse sub-markets, each dealing in a particular type of short-term credit. The money market fulfills the borrowing and investment requirements of providers and users of short-term funds, and balances the demand for and supply of short-term funds by providing an equilibrium mechanism.
The term unorganised sector when used in the Indian contexts defined by the National Commission for Enterprises in the Unorganised Sector, in their Report on Conditions of Work and Promotion of Livelihoods in the Unorganised Sector as "... consisting of all unincorporated private enterprises owned by individuals or households engaged in the sale or production of goods and services operated on ...
The Indian money market is classified into: the organised sector (comprising private, public and foreign owned commercial banks and cooperative banks, together known as scheduled banks); and the unorganised sector (comprising individual or family owned indigenous bankers or money lenders and non-banking financial companies (NBFCs).
The Indian money market is classified into the organised sector, comprising private, public and foreign-owned commercial banks and cooperative banks, together known as 'scheduled banks'; and the unorganised sector, which includes individual or family-owned indigenous bankers or money lenders and non-banking financial companies. [307]
Money market accounts are a great option if you're looking to maximize the amount of interest you can earn in a low-risk setting. You'll have easy access to your money, your account is insured up ...
In India, the informal sector of the economy represents 80.8% of the total workforce (according to PFLS 2017-18 report). [ 3 ] [ 4 ] In 2006 to solve the problem of unorganized sector, Labour Ministry of India has found a commission which is known as Arjun Sengupta Commission and making its recommendation as a basis a National Commission for ...
A money market fund can cause new investors some confusion. Some think they are the same as the similar-sounding money market accounts, which closely resemble savings accounts.However, they’re ...
The Indian Enterprise Development Service is the cadre of officers of the DoMSME. The IEDS cadre was approved to be created in 2016 through the merger of 11 existing trades of the Ministry of MSME. [5] The Ministry regulates: Khadi and Village Industries Commission; National Commission for Enterprises in the Unorganised Sector