are we going to have a recession in india?

With rupee value and manfucturing sector going down? ANSWER TO THE ABOVE QUESTION This is really a debate topic. Value of rupee is going down. manufacturing sector is not faring well. service sector only is doing well. Amidst this problems like 2G scam pull down the country. Even experts have different views on this aspect whether recession will come in our country. I wish recession should not hit us. Otherwise all of us will be affected irrespective of whether one is working or not, young or old. With rupee going down deeply like this and stock exchange index also going down, one is tempted to expect recession . Some people opine that rupee will go down to Rs.58 per $ in the next 6 months and that will be a big blow for companies depending on imports.

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