ANUPAM GAUTAM & MONIKA

PORWAL
Recession is the Economy shrinking for
two consecutive quarters (i.e. more
than 6 months) with a decrease in
G.D.P.

G.D.P. is the value of all the reported

goods & services produced by the
people operating in the country.

GDP consists:
 Industries
 Agriculture
 Services rendered
 Foreign trade
ANUPAM GAUTAM & MONIKA
ANUPAM GAUTAM & MONIKA
 ECONOMIC FACTS

 SOCIETAL FACTS

ANUPAM GAUTAM & MONIKA

 PARTICULAR Sept. 08 Sept. 09
Growth of GDP @ factor 7.7 % 7.9 %
cost @ constant 1999-
2000 prices

Overall growth in Index 6% 9.1 %

of Industrial Production

IIP growth during Q1 & 3.4 % 6.5 %

Q2
Forex reserves USD 244 Billion USD 267.02 Billion
(excluding Gold, SDR &
Reserve tranche
position in IMF)
• 200 tones of Gold has been purchased by INDIA
from World Bank.
• Cumulative rainfall (1st June – 30th Sept. 09) for the
country as a whole was 23% below the Long-Period
Average (LPA).
ANUPAM GAUTAM & MONIKA
ANUPAM GAUTAM & MONIKA
 POPULATION DEMOGRAPHY
 Approx. 7% of Indian population is engaged in
industrial sector.
 3.8% are industrial labors, who survive on
mere Rs. 20 – 30 per day per head.
 Approx. 65% of Indian population survive @
Rs. 20 per day per head.
 Only 3.2% population are affected by this
‘Slow-down.’

ANUPAM GAUTAM & MONIKA

 JOBS CREATED (1.71 Lac jobs created in
PSUs)

 Administration = 2188.
 Agro & Allied sector = 988.
 Banking = 51,692.
 Education = 7,972.
 Engineering = 10,559.
 Finance & Accounts = 1,699.
 Health = 7,424.
 Non-Technical = 4,954.
 Office Support = 7,839.
 Specialist = 4,029.
 Science & Technology = 2,627.
 Security = 35,632.
 Service Engineering = 31,530.
 Others = 1,687.
ANUPAM GAUTAM & MONIKA
 MANPOWER REQUIREMENTS

 I.C.T. Sector = 50,000.

 Insurance = 18,000.
 Banking = 12,000.
 Other Services = 4,000.
 Medical = 53,000.
 BPO/KPO/LPO = 20,000.

ANUPAM GAUTAM & MONIKA

 Mr. Nandan Nilekani (C.E.O, INFOSYS):

“even-though the I.T. sector would see the impact of the

economic slowdown in terms of growth-rate, the I.T. industry
will continue to grow & recruit manpower.”

 ‘Manpower Outlook Survey’ ranked India 2nd out of 33

countries In terms of manpower recruitment for the year.
They remarked – “although the global slowdown will impact the
hiring plans of Indian employers for next 3 months, it has the
2nd strongest hiring capacity globally; with Net Employment
Outlook of 19%.”

ANUPAM GAUTAM & MONIKA

 LAY-OFFS

 TCS = 500.
 Patni Computers = 400.
 IBM = 700 (Freshers).
 Wipro = 3,000 (Considering).

Reason:
‘Non-performance.’
They have done so for many recruits even ‘pre-
September 2008’, when the economy was ‘over-
heating.’

ANUPAM GAUTAM & MONIKA

 PERFORMANCE OF TOP COMPANIES
 Profit of top 1,990 cos. risen by 38.7% until Q2 of 2009.
 Acco. to F.E. Research Bureau, these cos. made a profit of
Rs. 71,000 Cr. as compared to Rs. 51,000 Cr. in last year.
(approx.)
 Banks, Technology, Automobiles, Cement industries shown
good results.
 Cos. registered with SENSEX shown approx. 7.6% growth in
Y-O-Y profits.
 RBI backs this story of growth.

THANKS TO COST-CUTTING, RE-

STRUCTURING & LAY-OFFS.
ANUPAM GAUTAM & MONIKA
 Did any INDIAN lost money in
Banks/Realty ?

 Did YOU stopped Shopping, Watching

Movies, Celebrating Festivals, Eating-out
with Friends & Family ?

 Prices of Edible-goods shot-up, but did YOU

stopped eating or COST-CUTTING in it ?

ANUPAM GAUTAM & MONIKA

ANUPAM GAUTAM & MONIKA
• It is in the mind of WE, the PEOPLE.

• It is in the mouth of CORPORATE

houses.

• Recession is in ‘STRATEGIES’, not

in ‘REALITY’.
ANUPAM GAUTAM & MONIKA
ANUPAM GAUTAM & MONIKA
ANUPAM GAUTAM & MONIKA
PORWAL