US Shutdown: How does it Impact India

US Shutdown: How does it Impact India !!

The US government began a partial shutdown on Tuesday for the first time in 17 years, and its 12th since 1981. Though a closure of state services for a few days would hardly cause ripples, a prolonged shutdown could impact negatively on the US and the rest of the world. Incidentally this shutdown comes a few weeks ahead of the next political battle; to raise the federal government’s $16.7 trillion debt ceiling.