2008 Global Financial Crisis Response

IE-IFS Evolution of Indian Economy & Structural Changes Free JAIIB Capsule 104 views Updated
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IE-IFS · Evolution of Indian Economy & Structural Changes
How did India mitigate the effects of the 2008 global financial crisis?
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The government provided 3 stimulus packages totaling Rs. 1.86 lakh crore.
RBI also eased monetary conditions, injecting Rs 5.6 lakh crore into domestic/external liquidity.
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2008 Global Financial Crisis Response — Full Text

How did India mitigate the effects of the 2008 global financial crisis?

Answer

The government provided 3 stimulus packages totaling Rs. 1.86 lakh crore.

Additional notes

RBI also eased monetary conditions, injecting Rs 5.6 lakh crore into domestic/external liquidity.

Part of Indian Economy & Indian Financial System · Evolution of Indian Economy & Structural Changes · Last updated

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