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Volume : II, Issue : VI, July - 2012

The Impact Of Global Recession On Indian Rural Economy

MANE S.V.

Published By : Laxmi Book Publication

Abstract :

Recession is equally big an opportunity as robust economic growth. The global economic crisis has definitely taken a toll of India's economic performance. It has also reduced our potential for economic development in the next 2 or 3 years. Despite the severity of the global crisis, India's economy has demonstrated considerable resilience due to agricultural sector. We were managed the crisis of the 90's but how we manage global recession 09. That time, we were alone in the crisis and now it is a Global crisis. With sound and determined economic policies we should be able to recover a growth momentum of 7-8 per cent in a year or next another one year. The challenge for our policies and programmes is to convert this potential into performance.

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Cite This Article :

MANE S.V., (2012). The Impact Of Global Recession On Indian Rural Economy. Indian Streams Research Journal, Vol. II, Issue. VI, http://oldisrj.lbp.world/UploadedData/1165.pdf

References :

  1. Dr. Shankar Acharya – Global Crisis India and Agricultural – 9th Convocation Address of Rajastan Agricultural University, Rajastam.
  2. http://www.foodsectornews.com
  3. http://rajendrasays.blogspot.com
  4. http://www.indianexpress.com/news/budget.
  5. http://theviewspaper.net
  6. http://indianeconomy.org
  7. http://hubpages.com
  8. http://www.thaindian.com

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