The global economy has been on a rollercoaster since the COVID19 pandemic started. With many countries in the world still struggling to recover, the news that India is projected to face a recession in 2023 is particularly concerning. A recession is a decline in economic activity that lasts for two consecutive quarters or more and results in an overall decline of the country's income. During this period, businesses experience losses, job losses occur, and economic growth slows down significantly.
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