PRESENTATION ON

RECESSION
Guided by
Mrs. Dalia Majumder.
Presented by
– Amit Sarkar,
– Palash Bhowmick,
– Somdatta Mukherjee,
– Suvarthi Mukherjee,
– Swetabja Das .
 RECESSION

• What is RECESSION?

• How RECESSION was identified?

ECONOMICS
 DECLINING MARKET
Point = Unwillingness to buyECONOMY
 HOW TO KNOW
RECESSION ?
Indicators to say a nation is in
recession

• People buying less stuff.

• Decrease in factory production.
• Growing unemployment.
• Slump in personal income.
• An unhealthy stock market.
 RECESSION AND POLITICS
• An administration gets credit or blame for
the state of economy during its time.

• Government activity has some influence

over the presence or degree of a
recession.
 HISTORY OF GLOBAL
RECESSION

• What is global recession?

• July 1981-November 1982 :14 months
• July 1990-March 1991: 8 months
• March 2001-November 2001: 8 months
• December 2007-current: Current
 EFFECT OF RECESSION

• Exports for January have declined by 22 per

cent.
• Decline in the employment market.
• Cut in promotions, compensation and perks of
the employees.
• Companies in the private sector and
government sector are hesitant to take up new
projects, and working on existing projects.
EFFECT OF RECESSION IN
US
• Drop in the value of the property.
• Decline in personal income.
• Increasing rate of unemployment.
• Job losses as the effect of recession—
February 2008- 63,000.
September 2008- 156,000.
November 2008- 533,000.
Total job loss in 2008- 2.6 million.
 EFFECT OF RECESSION ON
INDIA

•Share markets were falling:

If our share markets ever touched new
heights, it was due to investments from
international banks. Now that- due to
recession banks- faced shortage of liquidity,
they started to withdraw their investments
from India.
• The Indian currency
got weakened against
dollar: Before recession,
banks continued to buy
stock from India but
now they are selling.
The same stock thus
converting Rupee into
Dollars and weakening
our currency.
• Banks faced huge
shortage of funds and
soon collapsed: As
banks kept giving loans
and funds at
reasonable terms. At
the end of the day,
TO TACKLE THE RECESSION

• Tax cuts are generally the first step any

government takes during slump.

• Government should hike its spending and

boost the manufacturing sectors in the
country.

• Government should try to increase the export

against the initial export.
• Reducing the unrealistic prices of property
to bring back the buyers.

• The falling rupees against the dollar will

bring a boost in the export industry.

• The oil prices decline will have positive

impact on the importers.
 TIPS TO BEAT RECESSION

• Try to reduce your electric & phone bill.

• Be cautious while using cooking gas-

“ Save petroleum and your money too”.

• For personal care opt for home remedies.

• Don’t be fascinated by the word “ SALE”.

• Recycle your old things & also be

fashionable.

• Spend quality time with family in a

inexpensive way.

• Spend in a planned way in the social

functions.
 WHY SO MUCH TIME IS
TAKING TO RECOVER

• Low consumer confidence.

• Ineffectiveness of monitory policy.
• Deflation.
• Inflation.
• Hysteresis.
CONCLUSION

Hoping this time

recession vanishes
soon so that
india gets back
to its stronger
gdp growth rate
of 8% to 10%
(though the expersts
say it will last till
q3 of 2009)
 ACKNOWLEDGEMENT
 
This is the first batch of MCA 1 semester doing the
st
•
presentation on “Recession” in the Bengal Institute of
Technology under the initiative and supervision of Mrs. Dalia
Majumder. It is solely due to the initiative taken by Mrs. Dalia
Majumder. This presentation could not be completed without
the constant motivation, inspiration and assistance of Mrs.
Dalia Majumder. She is not only help us with the topic
selection but also constantly guided us to narrow down the
topic, guiding in every stage of preparation of the project to
the nuance of this presentation. We would like to
acknowledge and extend our heartfelt gratitude to her.
 BIBLIOGRAPHY
• http://en.wikipedia.org/wiki/Recession
• http://www.investorwords.com/4086/recessi
on.html
• http://news.google.co.in/news?
hl=en&source=hp&q=recession&um=1&ie
=UTF-
8&ei=Mh75StvoNYmDkAWIi8i1Cw&sa=X&oi
=news_group&ct=title&resnum=9&ved=0C
C8QsQQwCA