Monday, May 18, 2020
Economic Recession in India - 3282 Words
National Conference On GLOBAL MELTDOWN Issues, challenges strategies At Institute of Management Technology, Faridabad Economic Recession in India and Survival strategies (Technical Session III) Kavita Verma DAV Centenary College, Faridabad Verma_ruby123@rediffmail.com OBJECTIVES OF THE STUDY To study the impact of recession on Indian economy I.Positive Impact II.Negative Impact To study the survival strategies for 1.Individual 2.Investor 3.Employee 4.Employer THE RECESSION India is facing the position of recession as globalization showing its negative scenario. As it was started in US and now its touching the boundary of India also. Recession is a phase in which rupee depreciate, cash crunches, money market slowdown, inflationâ⬠¦show more contentâ⬠¦Prepare your expenditure chart daily. Instead of retrenchment, change the salary package. Motivate your employees for doing hard work. Convince them for long working hour. To reduce the risk, segment your market. Daily calculate the inflow and outflow of cash from the organization. Keep in touch the changes government made in economic policy. INTRODUCTION TO RECESSION Every day we find newspaper is filled with headlines Recession. Share market is falling, inflation is coming, interest rates are falling, and all are together working to grasp a human being. An economy which grows over a period of time tends to slow down the growth as a part of the normal economic cycle. This is known as recession. As it was started in US after giving loans to sub prime market, now it covering the boundry of India also. The falling economy of US will affect the Indian economy. As the recession starts, Indian person starts taking their money from market, without considering the other side of coin. Credit crisis in America will effect our inflows, exports are effected badly and my more. Financial Crisis and Impact on India Actually the financial crisis was originated in the US. This was started when Banks in US started giving home loan to sub-prime market with a hope of getting good return. And the return actually return was very good. With stock markets booming and the system flush with liquidity, many big fund investors like hedge funds andShow MoreRelatedImpact on Indian Economy787 Words à |à 4 PagesImpact of Recession on Indian Economy Changes in Consumer Behaviour due to Recession Introduction- Almost everybody today seems to be discussing about the US Recessionary trend and its impact on emerging countries, more particularly India Economists, Industrialists and the common man on the streets seem to have been horrified by the very thought of recession in India and that too due to US. 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