Why recession comes and how it affects life is shown here. Download it then see the effects otherwise in some slides you may feel that its nothing.

1. Team
Anirban
Presented By :-

2. TEAM SUMAN
• Anirban Shaw
• Shekhar Kumar Hela
• Sourabh Das
• Arnab Dutta
• Suman Kaur
HUMANITIES DEPARTMENT
• Pritilata Pramanick
• Gargi Das
• Lipi Chakraborty
-: Associates Related To The Project :--: Associates Related To The Project :-
College OfCollege Of EngineeringEngineering
KalyaniKalyani
JJ II SS

4. WHAT IS RECESSIONWHAT IS RECESSION
??
A Recession is a contraction phase of the business cycle.
National Bureau of
Economic Research
(NBER) is the official
agency in charge of
declaring that the economy
is in a state of recession.

6. Definition : The monetary value of all the finished goods and
services produced within a country's borders in a specific time
period, GDP is usually calculated on an annual basis. It
includes all of private and public consumption, government
outlays, etc that occur within a defined territory.
GDP = C + G + I + NXGDP = C + G + I + NX
"C" is equal to all private consumption, or consumer spending, in a
nation's economy.
"G" is the sum of government spending.
"I" is the sum of all the country's businesses spending on capital.
"NX" is the nation's total net exports, calculated as total exports
minus total imports. (NX = Exports - Imports)
What is GDP?  Gross Domestic Product

7. INDIA’s GDP

8. Recession and Depression
There is a joke that economists quote to explain
the Difference between “Recession &
Depression”
RECESSION
= WHEN YOUR NEIGHBOR LOSES HIS JOB
DEPRESSION
= WHEN YOU LOSE YOUR JOB

9. • Economic crisis  Frequent change in international
currency rate.
• Energy crisis  Usually refers to the shortage of oil
and additionally to electricity or other natural
resources of energy.
• War  Ruins the country property. Refers and
relate to economy.
• Under consumption  Insufficient consumer
demand relative to the amount produced.
• Overproduction  Excess of production over
consumption.
-: Causes of
Recessions :-

10. -: Bad IncIdences HappenIng :-
Example: September 11 Terrorist Attack in US ;
Mumbai Attacked in India ;
Taliban occupy Swat ;
etc…
Series of such incidences leading
into a kind of War

13. Correctiv
e
Steps
taken to
Check
Recessio
n

14. Employee - What do I do during recession?

16. INDIA IN GLOBAL MARKET
CRISIS

17. EffEcts Of REcEssiOnEffEcts Of REcEssiOn

18. I am an employeeI am an employee
 I need to keep my job.
 I need to pay EMIs.
 I have a family to run.
 I need to keep working to sustain myself.
 I need to feel secure.
 I need to save a little money for a rainy day.

19. Everything BecomeEverything Becomess ExpensiveExpensive
For A Workless EmployeeFor A Workless Employee
Take a list of your expenses and
clarify “Need to have” vs. “Nice to have”.
•Knock off all “Nice to have expenses”–Right
Now !
•Assuming you didn’t have a job & plan for cash
to survive for 24 months, considering that
recession will take at least 24 months to come out !

20. Tips to cut Expenses
•Going to malls is expensive
•Good restaurants, as well as eating
out daily are quite expensive.
•Check services which you’re not used
but have been subscribed to.
•Taking flights, impulsive shopping is
also expensive.

21. Government Plans against the Recession?Government Plans against the Recession?
Hence, Government does not have direct control on Producers’ & the Consumers’
behavior; But, they can influence millions of Producers &Consumers with
Government’s policies;

22. Wise Employer -
Recession as Challenge
•Rather than earning the profit some wise employer treat this recession as a
challenge and to keep employees moralled up
•Encourage their employees for enhanced training programs
•Offers professional and personnel development programs
•Instead of deployment,thinking to retain the talent and experience

23. How to come out of Recession?How to come out of Recession?
•It is unhealthy for a nation to be in Recession;
•So, Government will take certain countermeasures
to eliminate or reduce the effect.
Important Point :
*Producers can produce and can sell at
their prices and Consumers;can decide to
buy or not…
Here both Producers and consumers are
free to act without forced action.

24. I am looking for a job – what do II am looking for a job – what do I
do?do?
•Enroll in a course / training / education as you are
searching for a job. It enhances your skills.
•Enroll as a trainee anywhere you get an opportunity.
•Go through references of people who are already
working.
•Agree for “any place/date/time” to take job
interviews.If you don’t, somebody else will take that
interview slot and will get selected.
•Please improve your communication skills.

25. Don’t worryDon’t worry
• What goes down will always go up, MarketsWhat goes down will always go up, Markets
will rebound – these tips will prepare you towill rebound – these tips will prepare you to
be a winner !!be a winner !!
HOPING THIS TIME RECESSION VANISHES SOONHOPING THIS TIME RECESSION VANISHES SOON
SO THAT INDIA GETS BACK TO ITS STRONGERSO THAT INDIA GETS BACK TO ITS STRONGER
GDP GROWTH RATE OF 8% TO 10% .sGDP GROWTH RATE OF 8% TO 10% .s

26. Teenage Obsession
By
Team Animesh
Future Of Indian Sports
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Team Prashant
Old Is Gold
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Team Rajdip
Off Bit Career
By
Team Sayani
Recession & Its Repercussion
By
Team Suman
Bondh Culture
By
Team Subhodip
Earthquake
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Team Somen
Networking Its Challenges
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Team Jhilik
CellPhone
By
Team Sid
-:-: ParticipatorsParticipators :-:-
After Presenting All Presentation
Result Becomes Like This