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Q: Is India being the first country to recover economic recession?
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Which countries are least affected by the recession?

Countries such as Turkey, India, China, Qatar, Canada and Australia are seen to be least affected by the recent recession.


How long does the average recession last?

"If one looks at historical numbers of the past US recessions, the country faced a recession anywhere between 8-16 months. In 2000-01, it faced 8 months of recession, in 1990-91 about 8 months, and 1981-82 about 16 months. Historically, that is how long recession has lasted." "Some people in the US say it could last for 3-4 quarters...This recession is compared to that of 2000-01 and 1969-70" SOURCE: http://www.moneycontrol.com/india/news/market-outlook/us-recession-could-last-for-3-4-quarters/12/00/326369


What you can say about India economic development?

India is ofcourse, among the developing countries. But from the point of economic development indian government and private sector is in serious action to eradicate the poverty from the country. Besides,that some states like bihar, some parts of delhi and M.P show the worst face of indian economic growth. In brief indian economy has not grown so much to provide the prerequisite for every citizen of india


When and why was economic reform measures initiated in India?

Economic reform measures initiated in India as a result in an increase in liberalization. Attempts were made to make India more of a socialist society after 1991.


Who makes the economic decisions of India?

The economic decisions of India are made by the Ministry of Finance. The Ministry of Finance makes crucial decisions regarding taxation, import quotas and the formation of economic policies.

Related questions

Is India a more or less economic country?

It is a less economic country because the states there are mostly farming and only the cities have no farms so it is a less economic country.


Which sector in India is affected by recession?

IT


Has recession hit India?

ano it material hit india. answer


What country is the most important partner in economic trade to Bhutan?

It is India.


What is current economic system of india?

India is currently a capitalist country with some limited governmental interference.


Why did Obama go to India?

To improve business in his country with India's economic growth.


What country is Bangalore located in?

The city of Bangalore is located in the country of India. Considered a diverse city, it is a major economic and cultural hub and is the second fastest growing major metropolis in India.


Effects of recession on IT market in India?

simples ,,, recession closing down telesales companies ,,, which use IT daily


What are the Sectors in India affected by recession?

tertiary sector


How will be the world in 2020?

india would be modified.india would be one of the great economic country


What are the needs for stock market in country like india?

The need stock market in India is fast growing economic groth. India is the place where you can increase your whealth.


Is India a small or big country?

India is a big country in terms of land area, population, and economic power.