This paper will focus on the Macro Economic Issues and Challenges facing India in the Recession Period. According to the National Bureau of Economic Research (the official arbiter of U.S. recessions), there were 10 recessions between 1948 and 2011. The most recent recession started in December 2007 and ended in June 2009. An Economic downturn is nothing but a Business cycle contraction, a general slowdown in economic activity or macro-economic indicators. The recession is neither unpredictable nor enigmatic. The secondary data for this paper have been collected from various sources such as journals, online bulletin etc. The researcher has used so many components for analysis like the GDP forecast comparison, Various Macro-Economic Indicators, Current Account Deficits (CAD) evaluation, Inflationary pressures, Employment Creation, Fiscal Consolidation measures and deficits etc.
Recession, Economy, GDP, Inflation, Recession, Investment, Inflation.
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