Alternatively, it is the total expenditure which the community intends to incur on purchase of goods and services. Thus, aggregate demand is synonymous with aggregate expenditure in the economy.
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Periodically, every country's central bank publishes the money supply data based on the monetary aggregates set by them. In India, the Reserve Bank of India follows M0, M1, M2, M3 and M4 monetary aggregates.
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Monetary aggregates are measures of the total stock of money held by the public. Simply and fundamentally, money is a means of payment, that is, a way to discharge the debts that arise
New Monetary Aggregates: an Introduction * The Working Group on Money Supply: Analytics and Methodology of Compilation (Chairman: Dr. Reddy), set up to examine the analytical aspects of the monetary survey, submitted its report in June 1998.
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India Money Supply M3 includes M2 plus longterm time deposits in banks. This page provides India Money Supply M3 actual values, historical data, forecast, chart, statistics, economic calendar and news. India Money Supply M3 actual data, historical chart and calendar of releases was last updated on December of 2018.
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Monetary Aggregates India Broad Money (M3) India Domestic credit to General Government India Other Domestic Credit India Net Foreign Exchange Assets of the Banking Sector India Analytical Accounts of the Central Bank Reserve Bank of India[RBI] India Reserve Money India
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