“Possible Economic Recession Looming Over India in 2023 – Part 1” #economics #recession #slowdown

by | May 13, 2023 | Recession News | 23 comments

“Possible Economic Recession Looming Over India in 2023 – Part 1” #economics #recession #slowdown




Can Indian economy get into a recession ?
Varun Malhotra explains what is a recession? How many recessions has India seen so far & how the reforms in 1980s and 1990s transformed India and protected the Indian economy from the recessions in the world….(read more)


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The Indian economy has been facing a slowdown in recent years, with factors such as demonetization, the introduction of the Goods and Services Tax (GST), and a decrease in consumer demand affecting growth. This has led to concerns about the possibility of a recession in the near future, with some experts predicting that it could occur as early as 2023.

A recession is typically characterized by a significant decline in economic activity, including a reduction in Gross Domestic Product (GDP), high unemployment rates, and a decrease in consumer spending. These factors can have a significant impact on businesses and individuals across the country, leading to financial instability and hardship.

There are several factors that could contribute to a potential recession in India in the coming years. One major concern is the increase in non-performing assets (NPA) in the banking sector, which could lead to a credit crunch and a decrease in lending to businesses and individuals. Additionally, the ongoing trade tensions between India and other countries, particularly the United States, could have a negative impact on exports and overall economic growth.

Another factor to consider is the current state of the Indian automobile industry, which has been facing declining sales and production due to a variety of factors, including increased prices and changes in policy. These issues could have a ripple effect throughout the economy, as the automobile industry is a major employer and contributor to economic growth.

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Despite these concerns, there are also reasons to be optimistic about the future of the Indian economy. The government has introduced several initiatives designed to promote growth and investment, including the Make in India initiative and the National Infrastructure Pipeline. Additionally, the recent cut in corporate tax rates could encourage companies to invest and expand their operations, which could have a positive impact on the overall economy.

Overall, while there are certainly concerns about the potential for a recession in India in the coming years, it is important to remember that the economy is complex and subject to a variety of factors. With careful planning and wise policy decisions, it may be possible to avoid a recession and promote sustained economic growth in the years to come.

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23 Comments

  1. Sualeh Khan

    Sir where is part 2 of this topic ?

  2. Sualeh Khan

    Sir where is part 2 of this topic ?

  3. Abcd Abcd

    Thanks for so much information great content..

  4. P Amarnath

    Irrelevant thump nail

  5. Manju Vohra

    Wow!One of the best video on recession it answers many questions.u hav profound knowledge sir

  6. Harsh kumar

    Thankyou sir, the video was truly helpful gave many insights, will be helpful in my GD.

  7. Ajit Pattnaik

    Sir u are the best candidate for Finance Minister of this country that will solve not only employment issue but at the same will take the GDP to new levels.

  8. LetsDoBakar

    After watching this video , i feel i had attended an session on economy in top class MBA school. Also i feel india is a great country irrespective of who ruled indian governments in past 70 years, the people of india made india strong. Great information , many thanks.

  9. pst

    World trade is consolidating in 3 tax-free trading blocks. NAFTA, EU and RECEP. India is a member of none. Modi government committed a blunder by following instructions of its plutocrat bosses by not joining RECEP. As a result, our exports have started reducing, resulting in unemployment and INR depreciating by the month. Even Indian business people have begun setting up shops in these 3 trading blocks. FDI has also started reducing as it is limited to the Indian market only, which is a much smaller market than these 3 blocks. Even remittances by NRIs have started reducing as yearly interest in Dubai is 4.5%, and Indian Rupee depreciated by 10 % last year, so if an NRI makes an FD in Dubai, he gets 10+4,5 = 14%. Why will he remit money to India?

  10. ghanshyam das

    You are so knowledgeable Sir

  11. Raghavendra Nayak

    Thank you varunji,for simplifying very complex subject ,and making it understandable to common people.

  12. Lokesh Karmakar

    Nirmala Tai economy ko hospital pohcha k khud hospital chali gai

  13. Manoj Suri

    We all must thank the great PV Narsimha Rao who saved India and took India to the path of economic progress. I think we should all call him the father of indian economy.

  14. Sahil Thakur

    Varun Sir

    Aap please videos banate rahiye because our channel can easily become one of the biggest channel on YouTube.

  15. Watch me live trade.

    itne easy trike se samzate hai sir aap ki school ka bccha bhibsamz jaye.

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  16. goodsand servicetax

    So far there was no recession in India because it wasn't following developed countries model of big industries controlling the production & in turn GDP. As Manamohan Singh sir said Indian economy runs on two engine, one organised sector & other unorganised sector. However, since present govt came to ruling it's killing MSMEs, as per it's own data every year 7.5 L MSMEs are getting closed. & Recent Direct tax & indirect tax rules ensures that somewhat middle level businesses also gets wiped out in coming years. Our country may start behaving up & down quite often like other country's in forthcoming period..

  17. pst

    Kindly tell us How and why Chinese PSU are world beaters?

  18. ABHI PATEL

    Nai nai galat baat. Congress ne kiya hi kya hai 70 saalo mein.

  19. Dip Mondal

    When will part 2 come? Part 1 was really good. Thanks

  20. pravin dave

    Wow…… What a knowledge you have….. Thanks to sharing with us.

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