The primary idea of the article is that the Indian economy is slowing down but is resilient to come back to recover faster. The title does not give an idea about the focus point of the article. I think, "Indian economy stumbles, doesn't fall" is more apt. The writer gives example of how the growth is reduced to 8.7% this year, the lowest in 3 years. If the US goes into recession, we could see the growth fall further to 8% this year. Despite consumer spending having become slower, the investments are still going strong. This would keep the economy growing. India being an emerging market with strong fundamentals, it would be a quicker re-bounce.
vocabulary
Resilience - property to bounce back from a distorted or stretched state. ability to recover from misfortune or illness. (re- back, salire - jump)
Persists - continue in the same state, endure or last tenaciously, insistent in a statement, question or answer. (per- thoroughly, sistere-stand still)
Tenaciously - holding steady fast, clinging, adhesive, or together.
Recession - act of withdrawing, returning to former state. Slowdown in economic growth.
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