Effect of global crisis on the Indian economy
Summary :
Table of Contents
- Abstract
- Introduction
- Crisis in advanced countries and in India
- Impact of global crisis on India
- Economic indicators
- Crisis and growth
- Steps taken by Indian government
- Sectorial performance and helping hand of government
- Performance of capital market
- Reasons for rise and fall of market indices
- FDI and FII conditions
- Conclusion
- References
Abstract
India a fastest developing country, also not excluded from the list of affected economies from the global crisis. Before 3-4 months everything was all right even our growth rate was reflecting the story of our growth, but suddenly major developed country so called super power nation U.S trapped in to the financial crisis and everything turned in to unfavorable and the shadow of crisis extended to most of the countries across the world. But it is not that much gloomy it is not so that our economy is severely affected but growth of economy is deteriorated. Along with threats it also brings some hope for the future and shows those mistakes which should not be repeated in future.
It is not so that only few countries are trapped in to this crisis most of the advanced as well as developing countries are affected badly by this. The only difference noticed between the origin of crisis in different countries special between India and other advanced economy.
It is not so that only few countries are trapped in to this crisis most of the advanced as well as developing countries are affected badly by this. The only difference noticed between the origin of crisis in different countries special between India and other advanced economy.
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