TNPSC Thervupettagam

Fifth Recession of India

June 21 , 2020 1492 days 743 0
  • Since Independence in 1947, India has faced four recessions.
  • According to Reserve Bank of India (RBI), the recessions occurred in 1958, 1966, 1973 and 1980.
  • The current Economic crisis, due to Covid 19 crisis, faced by India is the worst of all the previous recessions.

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