Recently, the Moody’s analysts have warned that the due to global meltdown, India’s Gross Domestic Product could be hurt. Although India robust financial planning has saved it from the mar of global depression, it couldn’t protect itself from the uncertain global economic movements.

According to the Moody’s analysts, the Indian economy has relied heavily upon the political, economic and financial shocks which are not so conducive for its global survival. Moreover, the county’s foreign currency assets are significantly higher than its total foreign obligations.

While analyzing the working of the country, the Moody’s analysts ranked the country among modest in its institutional structure, democratic politics set up and free press. However, they pointed out that the implementation of policies and corruption scandal are the biggest drawback in its working.

In a report released by the Moody’s analysts, it has been found that the Indian Government’s debt stood at 71% against its total GDP. It is believed that if a decline is witnessed in the global products, then it might help India to overcome its inflation.

Meanwhile, it has come to light that slopping trend of jobs in the US is making people frustrated.