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Abstract

Among the SAARC nations India is the fastest developing country in terms of GDP. According to the World Bank estimates, the Indian economy is projected to grow at an average growth price of 7.4% and 7.6% in 2016 and 2017, respectively. India occupies 70% of the SAARC region, each geographically and economically. As the biggest and the most industrialized buying and selling accomplice amongst the SAARC countries, India enjoys extra responsibilities in making regional economic cooperation a reality in South Asia. An attempt has been made to measure the impact of Global Slowdown by making a comparison of India’s Export and imports with SAARC countries during pre and post Global Slowdown using paired ‘t’ The result revealed that the India’s Export has increased consistently before Global Slowdown, with low fluctuations after Global Slowdown.  India Import has increased consistently during pre -Global Slowdown and low volatility after Global slowdown. The result also suggests that the growth rate of import was more than the growth rate of export.

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