Recent fiscal and monetary policy measures Because of the integration with the rest of the world, fall in export demand for Indian merchandise and services, the GDP grew by 6.7% in 2008-09 compared with an average growth of 9% plus in the previous 3 years.
Promoting financial literacy and ensuring good market conduct are likewise important to deepen the public’s trust in digital financial services. Moving forward, more measures should be taken to reduce external vulnerabilities.