Volume : 1, Issue : 1, June - 2012

Global Crisis and Indian Economy, A Comparative Analysis with World Economy

Dr. Pankaj K. Trivedi

Abstract :

The paper analyzes the role of Global crisis in Indian Economy to explains the role and impact of global competition of least developed, developing and developed countries. The GDP, Financial markets, interest rates, Industrial production, foreign reserves, Tax rates etc measure the crisis. The study finds a striking relationship between sharp increase in competitiveness and a coherent set of government policies introduced within a short period. The major observation of the paper is stated below: 1) Overview of Indian economy 2) Comparison of GDP of various nations 3) Comparison of Private Equity Investments in 2006 Asia Pacific 4) Comparison of Transparency of the national budget of various nations 5) Comparison of Private sector Debt to GDP Ratio of various nations 6) Comparison of Bond Market of various nations 7) Comparison of Maximum Income Tax rate of various nations 8) Comparison of Business Performance indicators of various nations