Kumar, Rajiv; Soumya, Alamuru - East Asian Bureau of Economic Research (EABER) - 2010
economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact … on the economy in the context of a weak global recovery from the current crisis. The impact of the global crisis has been … transmitted to the Indian economy through three distinct channels, namely : the financial sector, exports, and exchange rates. The …