The Indian Financial System-Its Deficiencies and Some Remedies

Its Deficiencies and Some Remedies S Kumarasundaram In a mixed economy functioning under a democratic framework the Financial System has a responsible and supportive role to play. This paper doss not propose a recasting of the existing system. It only proposes a strengthening of its foundations so that it can continue to perform its developmental role and remain a valuable aid to government in its developmental tasks.