Economy Current slowdown in Indian economy 'most severe' in last 20 years, says Centrum Broking Updated : November 12, 2019 12:36 PM IST In the last 20 years, India has witnessed 4 'downturns', however, the current slowdown seems to be the most protracted and severe. The impact on both rural and urban demand in this slowdown has been unprecedented. The study by Centrum Broking suggests that no downturn has reversed without government intervention. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.