Meaning : ମୂଲ୍ୟ କମ୍ ହେବାର ପ୍ରକ୍ରିୟା ବା ଅବସ୍ଥା
Example :
ବଜାର ଏବେ ମାନ୍ଦା ଅଛି
Translation in other languages :
The state of the economy declines. A widespread decline in the GDP and employment and trade lasting from six months to a year.
recessionMeaning : ମାନ୍ଦା ହେବାର ଅବସ୍ଥା ବା ଭାବ
Example :
ମାନ୍ଦା କାରଣରୁ ସମସ୍ତେ ଚିନ୍ତିତ
Translation in other languages :
A state of inactivity (in business or art etc).
Economic growth of less than 1% per year is considered to be economic stagnation.