IT IS ABOUT WITHDRAWAL OF UK FROM EU. Thanks and Regards Sujit Kumar Rai

1. By- Sujit Kumar Rai (1513370111)
Ranjan Bharti (1513370084)

2. What is the European Union
Geo-political entity , single market
Began in 1951
Founded upon numerous treaties
Expansions from 6 member states to 28
Got its name EU in 1992 from Maastricht treaty
Common currency - Euro

3. REASON OF BREXIT
 They have control over our own laws
 British courts can make the final decision
 They can control our own borders.
 They can control immigration.
 Staying in makes terrorism more likely
 We’ll renegotiate free trade deals to replace the EU
 We’ll be strutting our stuff as world power again.
 The economy will grow if we’re outside the EU.

5. IMPACT ON UK
 Jobs
 Immigration
 Trade
 Currency
 Society

6. IMPACT
 On global economy
 Elevated risk of global recession
 Short term oil in currency and equity markets persist
 End of ‘spirit of globalism’ may cause rethink on trade pacts
 Global financial market volatility can be readily expected. Markets across
the world will tank.
 The pound will depreciate against most major economies.
 Brexit could reduce economic growth by up to 5.6 percent over the next
three years

7. IMPACT
 On India
 This will make dollar stronger thus lead to inflation
 Negative impact on the Indian firms in uk (Tata , Mhindra )
 Will negatively affect the Indian markets (hike in crude oil & gold )
 Scope for increased investment in India firms by foreign nations
 Sensex and Nifty will tumble in the short-run.

8.  India is presently the second biggest source of FDI (Foreign Direct
Investment) for Great Britain. But, after Britain exits the EU, it will not
be as attractive a destination for Indian FDI as before.
 UK has always acted as a gate pass for Indian companies to access the
European companies, The total trade stood at $14.02 billion in FY16, out
of which $8.83 billion was in exports and $5.19 was in imports.

9. Thanks