global recession

While India’s union budget 2023 was hailed for explicitly enticing people to spend more money, the overall current global government policies too continue to adhere to this spending-over-saving paradigm that Keynesian economics pioneered. 

Despite facing various challenges and uncertainties, it has managed to maintain a steady trajectory and demonstrated the potential for further development. Here are some key aspects highlighting the resilience and growth of the Indian economy

it is advisable that the borrowers should approach their banks and financial institutions in case they feel any stress factor to seek their help and guidance from their banks and financial institutions at the earliest much before their loan repayment commitment starts.

The global recession of 2020 was one of the biggest economic challenges the world has ever seen. It was a time of financial distress for businesses, governments, and individuals alike.

लोकतंत्र मे भी शक्ति का विवेकयुक्त प्रयोग देश मे सुशासन और शांति समृद्धि की गांरटी है। भारत की वर्तमान दुरावस्था लोकतांत्रिक परंपराओं को पुनर्परिभाषित करने की आवश्यकाता का संकेत करती है।

Indian economy is in much better shape today than what it was in 1991 when a balance of payment crisis loomed largely and there was a chance that India might default on the payment of its external debts.

Global dependence will always keep posing problems like this which will shake the very foundation of economics every time such things arise.

With relaxation in bad tax and other efforts of govt., will we overcome the cycle of recession soon?