Dr Mrutyunjaya Sahoo

Monetary policy in India is formulated and implemented by the Reserve Bank of India (RBI) to control inflation, stabilize the money supply and money demand, and promote economic growth. It employs policy rates such as repo rates, cash reserve ratios, and open market operations to manage liquidity and ensure financial stability.
Manufacturing industry and economic growth in India are closely influenced by monetary policy transmission, as interest rates and credit availability impact industrial investment and production. A well-calibrated monetary policy promotes stable inflation and liquidity, fostering growth in the manufacturing industry.
Financial inclusion, financial development, and fintech are interconnected, driving economic growth by expanding access to financial services. Fintech innovations enhance financial inclusion and development by providing efficient, accessible, and scalable solutions for unbanked populations and businesses.

Effect of monetary policy transmission on the use-based classification of manufacturing industry in India: an empirical evidence - M. Sahoo, S. P. Mohanty and P. Sahu - International Journal of Law and Management, 1754-243X (2024) https://doi.org/10.1108/IJLMA-11-2023-0260. Scopus: Q1
Impact of COVID-19 on India’s Manufacturing Industry and Economic Growth: A Study of the Atmanirbhar Bharat Package - M. Sahoo, P. Sahu and Nikita - Education and Society, 48(2), 161-175 (2024)
Comparative Analysis of Trade, Foreign Direct Investment and Economic Growth in China and India - M. Sahoo, M.J. Rao, and P. Sahu - Rabindra Bharati University Journal of Economics, XVII, 153-171 (2023)
Does the effectiveness of money supply and foreign direct investment determine the industrial growth performance in India? - M. Sahoo and P. Sahu - Theoretical and Applied Economics, 30(2), 83-102 (2023)