IS INDIA FACING AN ECONOMIC SLOWDOWN

India has emerged as the fastest growing economy in the world and with in a span of 15 – 20 yearsIndia will become the major economic powers of the world. Since the implementation of the neweconomic policy in the year 1991, India is a global market with high investments. The labour force inIndia is attracted by many global investors. The opening up of economy to the LPG policies attractedmany employment opportunities to the people in India in turn the GDP rates shooted up. The GlobalFinancial Crisis which hit US had a very bad impact in India too, but the period of the crisis lastedfor less than 10 months and the post financial crisis lasted for a period of 17 months. India couldsurvive the Global Financial Crisis just because of its strong economic policies and GDP.