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Are We Headed For A Recession In 2024 In India. It is important to be aware of the potential for a recession in 2024 and take steps to prepare yourself. It is safe to say india is not headed for recession if data that monitors economic parameters are considered.
Among the key drivers on demand side, household consumption is expected to improve, while prospects of fixed investment remain bright owing to upturn in the private capex. Key indicators include slower job growth, industry layoffs, and housing market concerns, with underinsurance posing a $1.2 trillion threat to property values.
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