Author(s): Suraj Walia
Economic crises and there spread are increasing with the increase in globalization. The origin may be different but the tremors are being felt in different parts of the world including India. The present paper seeks to analyze the impact of global economic on Indian economy which is one of the fast growing economies of the world. Currently Indian economy is facing a c hallenge due to global melt down. Consequently, economic activities are bound to slow down. The global e conomic crisis or US Meltdown, has its origin in the United States housing sector back in 2001 - 02, but gradually extended over a period of time and eventually brought the entire world under its grip. Though in the beginning Indian official s denied the impa ct of global economic crisis affecting the Indian economy but later the government had to acknowledge the fact that economic crisis will have some impact on the Indian economy. The present paper confirms that various sectors of Indian economy are af fected by global recession , to a certain extent.