<h1>Government Unveils Measures to Boost Economy Amid Global Financial Crisis: Liquidity, Tax Cuts, and Export Support.</h1> The government has announced a series of measures to counter the impact of the global financial crisis on the Indian economy. Key actions include infusing liquidity into the banking system, reducing interest rates, and liberalizing access to external commercial borrowings. Fiscal measures involve increasing plan expenditure, reducing the Cenvat rate, and supporting exports through interest subvention and additional funds. The housing sector will benefit from a refinance facility, and support for MSMEs includes enhanced credit guarantees. Infrastructure projects will receive financing support through tax-free bonds. These initiatives aim to stimulate economic growth and maintain financial stability.