Impact of Recession on Indian Economy: Sectorial Analysis

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The book explores the concept of recession, highlighting the lack of an official definition and the common use of two consecutive quarters of declining GDP as a practical benchmark. It critiques this narrow focus on GDP, suggesting that a broader range of economic indicators can offer a more accurate and timely assessment of a country's economic health. By examining alternative measures, the text aims to provide a deeper understanding of economic downturns and their implications.