India Has Faced 5 Recessions Before. Is The Country Heading Towards Another Economy Crisis?

India Has Faced 5 Recessions Before. Is The Country Heading Towards Another Economy Crisis?

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Business Today
  • Updated May 25, 2026 12:36 PM IST

Is India heading towards another recession? With West Asia on edge, crude oil prices rising, supply chains under pressure, and fears of a weakening rupee, concerns are growing over India’s economic future. But this isn’t the first time India has faced an economic crisis. From food shortages in the 1950s to oil shocks, wars, droughts, and the Covid lockdown collapse, India has survived five major recessions since independence. This video breaks down what caused each recession, how governments responded, and whether the current global crisis could push India into recession once again.

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