Is it true that the Indian Economy has headed for a serious crisis or it’s just a myth? Analyse with respect to the Performance of Indian Economy Since 2008. Bring examples to support your points. (250 Words/ 15 Marks)

Source: https://www.thehindu.com/opinion/lead/getting-the-economy-back-on-track/article25521145.ece?utm_source=pushnotifications&utm_campaign=pushnotifications&utm_medium=ALL_USER Model Answer: Introduction: Economic Crisis is a situation in which the economy of a country experiences a sudden downturn. We also call it a real economic crisis. In most cases, country’s GDP typically declines, liquidity dries up, prices of commodity raises due to inflation or deflation, and property and stock market prices plummets. … Continue reading Is it true that the Indian Economy has headed for a serious crisis or it’s just a myth? Analyse with respect to the Performance of Indian Economy Since 2008. Bring examples to support your points. (250 Words/ 15 Marks)