01113pab a2200145 454500008004000000100001800040245004300058260000900101300001600110362001100126520074800137650002800885650002000913773003400933180718b2003   xxu||||| |||| 00| 0 eng d  aChitre, Vikas  aGlobal slowdown and the Indian Economy  c2003  ap.2056-066.  a24 May  aWhile there may have been some effect of the current global slowdown on economic activity in India, poor performance of agriculture has perhaps been more responsible for the Indian economic slowdown in recent years. Thus domestic factors such as agricultural growth can be neglected only at our own peril. With the information technology industry set to be a major vehicle for productivity growth, India must be prepared to withstand the increased possibility of output volatility through upswings and recessions. And as it increasingly meshes with the globalised trading and financial system, India's own financial system must be strengthened to withstand asset price shocks with policies geared to take quick remedial measures. - Reproduced.  aEconomic growth - India  aEconomic growth  aEconomic and Political Weekly