Recession in India..!? Union Minister takes action..!

Sowmiya Sriram
Recession in India..!? Union minister takes action..!
The Union minister for Micro, Small, and Medium industries Narayan Rane said on monday that there will be a recession in the world after June. Union MSME minister Narayan Rane has assured that the Union government is making efforts so that this recession does not affect the people of India. While the IMF has warned that America, China, and european countries will enter recession this year, minister Narayan Rane has also confirmed this while the central banks of the world are preparing for this.
There will be a recession in the world, which is going to affect many countries, and a recession after June. This is what he has gathered from the discussion in the central government meetings that it is expected to hit India. Many developed countries in the world are indeed facing economic recession. The recession is expected to come to india after June. central government to prevent the impact of recession from hitting the people of India. prime minister Modi is also making efforts, Union MSME minister Narayan Rane said in an interview with ANI.
Union MSME minister Narayan Rane attended the two-day G20 Infrastructure Working Group (IWG) meeting in pune, Maharashtra. Speaking to ANI while attending the meeting, it is true that many developed countries in the world are facing economic recession. Recession may hit india after June, Rane said.
 Efforts are being made to bring in industries that can generate employment in the MSME sector, Rane said. While inaugurating the two-day G20 IWG meeting in pune, Rane emphadata-sized the importance of the G20 meeting for long-term and sustainable economic growth. 65 delegates from IWG member countries, guest countries, and international organizations will attend a meeting in pune to discuss the Infrastructure Agenda 2023 under India's G20 leadership.
In the last 8 years, india has attracted the attention of various countries for development in infrastructure and other sectors, Union MSME minister Narayan Rane told ANI.The meeting in pune was organized by the Department of Economic Affairs, the Ministry of Finance, and the government of india, with australia and brazil as co-chairs.
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