Changes in the Indian Economy in the 21st century & its Varying Impacts

  • Antara Ranjan and S. Mitrabinda
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  • Antara Ranjan

    Student at Damodaram Sanjivayya National Law University, India.

  • S. Mitrabinda

    Consultant at Vyolve Private Limited, India.

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The 2008 and 2020 recessions, were both estimated to be 'once in a lifetime' events, that occurred within nearly a decade of each other. Both left formidable impacts on the world, and in India, wherein with an inadequately equipped healthcare system, and a lack of government response, the impact on the poor in the country has been devastating. This paper studies the immediate aftermath of both recessions and draws parallels between the two, while discussing the systems that allowed for the tragedy to recur.


Research Paper


International Journal of Law Management and Humanities, Volume 5, Issue 1, Page 926 - 933


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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (, which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.


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