India might be the first country in the globe to start withdrawing the stimulus package due to spiraling inflation, and a reasonable rate of economic growth. The Indian economy has grown at a robust 6% plus in the last six months in spite of crash in exports, only because the domestic demand has been robust.
And inflation is also near zero in India , as per data released two days back by the government, and it is forcing the government to look at withdrawal of some of the stimulus measures in the coming weeks.
India set to reverse stimulus package