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India's Economy Faces Crisis That Began Last Year
📷 Image: Wikimedia Commons / DTM
Business

India's Economy Faces Crisis That Began Last Year

✍️ Rediff 🗓 16 Aug 2026, 06:48 AM 👁 48
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India's economy has been in crisis since last year, according to reports.

The crisis in India’s economy began last year, marking a sharp shift in the country’s economic trajectory.

Since its onset, the crisis has been reflected in a slowdown of growth rates and a rise in inflation, affecting both consumers and businesses across the nation.

In response, the government has announced a series of measures aimed at stabilising markets and restoring confidence among investors.

Economists caution that the crisis could persist for the foreseeable future, urging continued vigilance and policy adjustments to mitigate further economic strain.
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