RECESSION ON INDIA
PRESENTATION
MANAGERIAL ECONOMICS
Indiancompanies have major outsourcing deals
from the US.
India's
exports to the US have also grown
substantially over the years.
Steps
taken to
Check
Recessio
n
RBI needs to neutralise the outflow of FII
money by unwinding the market
stabilisation securities that it had used to
sterilise the inflows when they happened.