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Asian Development Bank and India: Fact Sheet
dc.description.abstractUpdated yearly, this ADB Fact Sheet provides social and economic indicators on India as well as concise information on ADB's operations in the country and contact information. Mainly as a result of the economic reforms initiated in 1991, India’s long-term trend rate of growth increased from 3.6% during the 1950s–1970s, to 5.2% in the 1980s, 6.1% in the 1990s, and to more than 9% during fiscal year (FY)2005–FY2007. Like other emerging economies, India was affected by the turmoil and uncertainty gripping global financial markets and the world economy since the second half of 2008. Growth rates declined to 6.7% in FY2008, as compared to 9.2% in FY2007 and 9.7% in FY2006. The Government of India took several prompt monetary and fiscal measures to enhance demand, boost credit flows, and lower interest rates to counter the slowdown. Some early indicators suggest that the government’s stimulus package has been effective in reviving growth.
dc.publisherAsian Development Bank
dc.titleAsian Development Bank and India: Fact Sheet
dc.subject.expertDevelopment Economics
dc.subject.expertRegional Economic Development
dc.subject.expertEconomic Impact
dc.subject.expertAsian Development Bank
dc.subject.adbEconomies in transition
dc.subject.adbEconomic agreements
dc.subject.adbDevelopment indicators
dc.subject.adbEconomic development
dc.subject.naturalComparative economics
dc.subject.naturalRegional economics
dc.subject.naturalEconomic development projects
dc.title.seriesFact Sheets
dc.contributor.imprintAsian Development Bank
oar.adminregionSouth Asia Region
oar.authorAsian Development Bank

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  • ADB Fact Sheets
    The Asian Development Bank (ADB) Fact Sheets provide concise information on ADB member economies, their operations, and their contact information. They also provide summaries of the most recent and current ADB-assisted programs and ongoing challenges as well as future directions for that particular ADB member.

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