How will the Budget 2023 address the global recession should it impact India?
People all around the world have personally witnessed unimaginable incidents that have had lasting effects. The COVID-19 crisis, Russia's invasion of Ukraine, and other factors have put people in an extremely vulnerable position. People worldwide are worn out and dealing with the challenges brought on by increased living expenses. Perhaps, unsurprisingly the gloom is being reflected at home. The world economy was devastated by persistent inflation that reached high records across several nations following COVID-19. Leading central banks have aggressively raised interest rates to control prices, which has resulted in a significant decline in global GDP and the risk of economic recession. There was a lot of speculation about a recession a few months back, but the topic has changed dramatically. India's economy will always be affected by recessions, but the question is how deeply. In this write-up, we have covered an assessment of the global economy. So, begin with the most trendi