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ECONOMIC RECESSION

&

ITS EFFECT ON INDIA

PRESENTED BY:-SHIV KR. PANDEY

pgdm-II (ITS Ghaziabad) 

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WHAT IS RECESSION ?

The term recession is generally used to

describe a situation in which a country's

GDP, or gross domestic product, sustains a

negative growth factor for at least 2

consecutive quarters.

 GDP = consumption + gross investment + government

spending + (exports − imports)

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CAUSES OF RECESSION 

• actions taken to control the money supply in

the economy.

• Unbalanced equation between money

supply, interest rates & the inflation.

• Federal Bank Failures in 2008

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Act for money balancing in economy

Federal reserve Changing the interest rates Short term growth

Balanced or 

favourable

result

Unbalanced or 

unfavourable result

GDP growthEconomc recession

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 EFFECT OF RECESSION 

• Economic landscape

• Inequality in income of individuals

• Poverty

• Perception about the economy of developed

countries

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 EFFECT ON INDIA

Job uncertainty

Money depreciation

Share market crisis

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 INDIAN CONCERN ON RECESSION 

•India always ready to face such type of crisis?

•Terrorist attacks, & share market crisis has made us

used to of facing disasters..

•Indian social & political system is more flexible as it

absove any kind of jerk coming to it.

•50-60% of the indian population has still not get

connected with the globalization era .

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 RECESSION OPPORTUNITY OR

 DISASTER

Developed countries are less prepared to face the crisis,

with their low GDP growth, stagnant domestic market.

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GOLDEN OPPORTUNITY FOR INDIA

emerging economies are dynamic

as their GDP is expanding, the

domestic market is growing and

the financial system is in a sound

condition.

The developing countries

therefore are most likely to be the

engine of global economic growth

in the decades to come

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Conclusion:-

So we can say that yet the current economic recession is a big

disaster for the whole world as well as for india also . but if wecompare the effect on the countries then we will find india in a

 better position. Because in Indian system we have maintained a

flexibility for external factors whether it is economical crisis or 

it is a terrorist attack . we get overcame from the condition. the

worst experiances in the history has made us used to of facing

such type of financial crisis. Yet it has made some effect on

some functions of indian system like poverty, income of an

individual, but we can not conclude that we are in trouble .

 because the flexibility of indian economy & indian system protect it from the external factors

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THANK YOU

PRESENTED BY:-

SHIV KR PANDEY

shivpandey1986@gmail.com