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OEM Update

Centre, RBI reforms to revive economy

November 30, 2009 9:09 am

During 2008-09 for several months, Indian exports suffered heavily and partly in the current financial year due to the global recession. As several countries in the US, UK and Europe were affected, Indian exporters witnessed a huge slump in product demand.
However, various economic reforms undertaken by the Government of India and the Reserve Bank of India helped revive the slump in the economy.

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