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bdkbZ—9% eqnzkLiQhfr % izÑfr ,oa izlkj




                                                                                                      uksV

                       ghukFkZ izca/ fdls dgrs gSaA


            9-5   eqnzk&LiQhfr oSQls jksdh tk;\ (How to Check Inflation?)

            eqnzk&LiQhfr osQ mipkjksa dks nks oxks± esa foHkkftr fd;k tk ldrk gSμigys oxZ esa LiQhfr dks lekIr dj
            eqnzk&O;oLFkk esa lUrqyu LFkkfir djus okyh jhfr;k¡ vkSj nwljs oxZ esa LiQhfrtfur nq"izHkkoksa dks uje djus
            okys dk;Z lfEefyr gSaA
            (I) mi;qDr ekSfnzd uhfr viukuk (Adoption of a Suitable Monetary Policy)

            (1)   eqnzk fudkyus lEcU/h fu;eksa dks dBksj cukuk  (Making the Rules as to Issue of Money
                  Rigid)μeqnzk&LiQhfr dh ek=kk de djus osQ fy, ;g vko';d gS fd eqnzk fudkyus lEcU/h] fu;eksa
                  dks dM+k djs rkfd osQfUnz; cSad osQ vfrfjDr eqnzk fudkyus esa vf/d dfBukbZ gksA blosQ fy, uksVksa
                  osQ ihNs j[ks tkus okys Lo.kZ vFkok fons'kh&fofue; osQ nks"kksa dh ek=kk esa o`f¼ dj nh tkrh gS
                  vkSj ;fn igys ls dksbZ dks"k ugha j[ks tk jgs gksa rks dks"k j[kus dh O;oLFkk vkjEHk dh tkrh gSA
            (2)   iqjkuh eqnzk okil ysdj (Replacing Old Currency with the New One)μeqnzk&LiQhfr cgqr Hk;adj
                  gksus dh n'kk esa lk/kj.k mipkj mi;ksxh ugha gks ldrs] vr% iqjkuh lc eqnzk,¡ lekIr dj muosQ cnys
                  esa u;h eqnzk,¡ ns nh tkrh gSaA ,slk djus esa izk;% iqjkuh cgqr&lh eqnzkvksa dks ,d u;h eqnzk esa ifjo£rr
                  fd;k tkrk gSA izFke egk;q¼ osQ i'pkr~ 1924 esa teZuh osQ vts; eqnzk&izlkj dks lekIr djus osQ fy,
                  iqjkuh 10 [kjkc eqnzkvksa osQ cnys esa ,d u;h eqnzk nh x;h FkhA f}rh; egk;q¼ osQ i'pkr~ Hkh teZuh dks
                  yxHkx 90 izfr'kr eqnzk blh izdkj lekIr djuh iM+hA
            (3)   lk[k&LiQhfr dks de djuk (Reducing Credit Inflation)μeqnzk&LiQhfr dks de djus osQ fy,
                  lk[k&LiQhfr dks de djuk vko';d gSA blosQ fy, osQUnzh; cSad }kjk cSad&nj c<+kdj] izfrHkwfr;k¡
                  cspdj rFkk cSadksa ls vf/d dks"k ek¡xdj] lk[k de dh tk ldrh gSA osQUnzh; cSad dks ,slh
                  O;oLFkk djuh pkfg, ftlls lk[k ysuk vf/d eg¡xk gks tk;A lk[k ij fu;U=k.k gksus ls dPps rFkk
                  fu£er eky osQ LVkWd cktkj esa vkus yxsaxs ftlls ewY;ksa esa deh gksuk vkjEHk gks tk;sxkA
            (II) vFkZ&uhfr esa vkewy&pwy ifjorZu (Over-all Changes in Economic Policy)

            eqnzk&LiQhfr dks jksdus vFkok de djus osQ fy, ljdkj dks viuh vFkZ&uhfr esa vkewy&pwy ifjorZu djuk
            iM+sxkA bu ifjorZuksa esa eq[; fuEufyf[kr gSaμ
            (1)   ctV esa lUrqyu (Balancing the Budget)μloZizFke ljdkj dks ,slh O;oLFkk djuh iM+sxh ftlls
                  fd (i) ctV dk ?kkVk iwjk gks losQA blosQ fy, ljdkj dks vius lc foHkkxksa eas vf/d ls vfèkd
                  ferO;f;rk dh O;oLFkk djuh pkfg,A (ii) dj&uhfr esa Hkh vf/d dM+kbZ dh tkuh pkfg, rkfd djksa
                  dh fuf'pr ek=kk olwy gksrh jgsA (iii) u;s enksa ij u;s dj Hkh yxkus pkfg, rkfd ljdkj dh vk;
                  esa o`f¼ dh tk losQA bu lcdk izHkko ;g gksxk fd ctV esa ?kkVk u jgus ls ljdkj dks u;h eqnzk
                  fudkyus dh vko';drk ugha gksxh cfYd ctV esa cpr gksus ij og iqjkus ?kkVs dh iw£r dj losQxh
                  ftlls eqnzk esa deh gks losQxhA
            (2)   Í.k&izkfIr (Obtaining Loans)μeqnzk&LiQhfr de djus osQ fy, ljdkj dks Í.ki=k (Debentures)
                  cspus pkfg, vkSj turk dks ;g i=k [kjhnus osQ fy, izksRlkfgr fd;k tkuk pkfg,A bukeh ckW.M vFkok
                  cpr&i=k Hkh ,slh jkf'k;ksa eas fuxZfer fd;s tkus pkfg, ftUgsa lc oxks± osQ O;fDr [kjhn losaQA ;g



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