Impact of global financial crisis on the Indian economy

The Global Financial Crisis (GFC) started to appear in mid-2007. The crisis actually began in the US high risk, subprime home loan market and has spread into a global credit squeeze, bringing down the world growth. The world economy was just trying to recover from this that it had to encounter one more serious global economic slowdown which erupted in Europe. The Indian economy is not immune to this; all these factors had their impact on the Indian economy and the various sectors of the economy. The present paper is an attempt to analyse the impact of global economic slowdown on the Indian economy in terms of growth rates of real Gross Domestic Product (GDP). The sector wise impact of the crisis on the economy has also been analysed. Techniques like Tables and Trend graphs have been used to present the impact. Time Series data for almost ten years from the year 2000-01 has been used to analyze the impact