It is in the above context that the role of macro prudential approach in financial sector policies becomes critical. Macro prudential regulation can be considered as one of the tools of this larger policy framework. Analytics of macro prudential regulation 4. Macro-prudential regulation, as it has come to be generally interpreted, essentially envisages that the key instruments of prudential regulation viz.
The new policy of reducing poverty will have to target the poorest and least empowered population, and let them have a dominant role in shaping their future. To evaluate the progress we are making in poverty reduction we add to the traditional relative definition of the poverty line a need-based (absolute) definition of poverty.