The GDP of India, even after the opening up of the economy and other relaxed norms couldn't survive the aftermath of the global financial crisis. The GDP of India over the past two fiscals (2008-09 and 2009-10) experienced considerable slowdown. india should Expecte a 9% GDP growth by 2012 is immensely impractical, looking at the rate at which things are improving.
In my opinion, one reason of the for fall in 2008 is the economy the power of the purshase in india and china is went up and this make the inflation. that what I thinks what happen in the big falls.
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