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  • Submitted by Subhayan Ghosh 314sm1007

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    Karobi Dey
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    The global economic crisis that began in the United States housing sector in 2001-02 has spread tremors around the world, including India. While Indian officials initially denied the global economic crisis would impact India's fast-growing economy, the government has had to acknowledge the crisis will slow India's economic activity and growth. The document analyzes how the global economic meltdown presents a challenge to India's economy through impacts on economic activities.

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    The global economic crisis that began in the United States housing sector in 2001-02 has spread tremors around the world, including India. While Indian officials initially denied the global economic crisis would impact India's fast-growing economy, the government has had to acknowledge the crisis will slow India's economic activity and growth. The document analyzes how the global economic meltdown presents a challenge to India's economy through impacts on economic activities.

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    © All Rights Reserved
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    9 views1 page

    Submitted by Subhayan Ghosh 314sm1007

    Uploaded by

    Karobi Dey
    The global economic crisis that began in the United States housing sector in 2001-02 has spread tremors around the world, including India. While Indian officials initially denied the global economic crisis would impact India's fast-growing economy, the government has had to acknowledge the crisis will slow India's economic activity and growth. The document analyzes how the global economic meltdown presents a challenge to India's economy through impacts on economic activities.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Economic crises and there spread are increasing with the increase in globalization.

    The origin may


    be different but the tremors are being felt in different parts of the world including India. Here is the analysis to the
    impact of global economic on Indian economy which is one of the fast growing economies of
    the world. Currently Indian economy is facing a challenge due to global melt down. Consequently, economic
    activities are bound to slow down. The global economic crisis or US Meltdown, has its origin in the United States
    housing sector back in 2001-02, but gradually extended over a period of time and eventually brought the entire
    world under its grip. Though in the beginning Indian officials denied the impact of global economic crisis
    affecting the Indian economy but later the government had to acknowledge the fact that economic crisis will
    have some impact on the Indian economy.

    Submitted by
    Subhayan Ghosh
    314sm1007

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