According to the saying "If your neighbor gets laid off, it's a recession.  If you get laid off, it's a depression," (courtesy - of Harry S.  Truman).  It is a fact that any drop in economic growth results in ripple effects in society.  Recently, most of the countries had experienced a drop in economic growth due to the impact of Covid – 19.  Technically, a recession is two consecutive quarters of negative growth in the gross domestic product (GDP) which was equally occurred in India also. Thus, Read more [...]