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Name – Afzalshah Sayed
Roll No – MF-17-29
What is Brexit?
•Brexit means ‘Britain
exiting’ the European
Union.
•Britons created Brexit
by combining the
beginning of the word
Britain and adding the
word Exit.
•The word started
becoming popular
during the 2015
General Election
campaign.
Brexit / Voting
• People of Britain has
been given power of
decision making of
their country
• Britain trade rules
are bounded by
European Law
• After Brexit Britain
can negotiate the
terms and condition of
the trade with different
countries
Types and Consequences
• Hard Brexit refers to the
UK separating from the EU
completely. In other words,
regaining total control over
immigration but losing free
access to the EU market.
• Soft Brexit refers to a type
of semi-detached separation
in which Britain still has free
access to the EU market.
However, a Soft Brexit
means Britain cannot control
how many EU citizens live
and work in the UK.
Major Reasons for the Exit
• Possible Reasons -:
• Huge immigration of Polish and Hungarian Labor resulting in:
1. loss of jobs to locals
2. Social issues
• UK citizens unable to find jobs in EU countries due to their inability
to work at lower wages
• Influx of refugees from Syria resulting in serious perception of
1. Future identity crisis
2. Law and order problems
3. Economic burden
• ABOVE ALL A THINKING THAT THE COUNTRY IS BEING RUN
BY NON REPRESENTATIVE INSTITUTIONS
Effects of Brexit on India
• India is one of the most lucrative markets for foreign investors
and, hence, we attract attention globally. So, any major
change across the globe, be it political or economic, is bound
to have an impact on India too.
• Britain always provided a gateway to the European Union.
Many Indian businesses have their offices in Britain so they
can avail benefits and continue to remain a part of the EU. But
with Brexit, this benefit will be taken away and may result in
companies relocating their business set ups to other places.
• Brexit might also have a positive effect, but these results may
not show up immediately. The process might take time
considering that the new government will take time to design
and implement their policies.
Effects of Brexit on India
• Effect on Education sector/students & Travel
1. Britain is one of the most sought after education
destination for Indians. Before Brexit, British
universities were forced to offer scholarships
and subsidies to the citizens of the UK and EU.
Brexit frees up funds for the other students and
more Indian students might be able to get
scholarships.
2. Reduction in pound value will reduce travelling
cost to the UK and will make it a good travel
destination.
• Investors moving to safe haven - gold.
1. Britain's decision to leave the EU has forced
many to sell their risky assets and rush towards
safe haven investment option like Gold.
2. In the long run, Brexit will help strengthen our
ties with Britain because India's focus on
innovation and entrepreneurship still makes it
an attractive destination for outsourcing and
investment.
Which are the Sectors which will be
affected by Brexit?
• Automobile, Pharma and IT might be the most affected.
NASSCOM has predicted that the effect of Brexit will be felt
on the $108 Billion Indian IT sector in the short term.
• Leading Indian IT firms have not commented on it as since
there is a possibility of renegotiations for all the ongoing
projects because of the devaluation in the value of pound.
• These things can be covered up in the next few years wherein
alternate arrangements can be placed between the countries.
• In the automobile industry, Brexit may lead to reduction in
sales and companies that derive good revenues of profits
from Britain could get hurt majorly.
Major Effects
The EU after the Brexit
Thank You

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BREXIT UNITED KINGDOME AND INDIA

  • 1. Name – Afzalshah Sayed Roll No – MF-17-29
  • 2.
  • 3. What is Brexit? •Brexit means ‘Britain exiting’ the European Union. •Britons created Brexit by combining the beginning of the word Britain and adding the word Exit. •The word started becoming popular during the 2015 General Election campaign.
  • 4. Brexit / Voting • People of Britain has been given power of decision making of their country • Britain trade rules are bounded by European Law • After Brexit Britain can negotiate the terms and condition of the trade with different countries
  • 5. Types and Consequences • Hard Brexit refers to the UK separating from the EU completely. In other words, regaining total control over immigration but losing free access to the EU market. • Soft Brexit refers to a type of semi-detached separation in which Britain still has free access to the EU market. However, a Soft Brexit means Britain cannot control how many EU citizens live and work in the UK.
  • 6. Major Reasons for the Exit • Possible Reasons -: • Huge immigration of Polish and Hungarian Labor resulting in: 1. loss of jobs to locals 2. Social issues • UK citizens unable to find jobs in EU countries due to their inability to work at lower wages • Influx of refugees from Syria resulting in serious perception of 1. Future identity crisis 2. Law and order problems 3. Economic burden • ABOVE ALL A THINKING THAT THE COUNTRY IS BEING RUN BY NON REPRESENTATIVE INSTITUTIONS
  • 7. Effects of Brexit on India • India is one of the most lucrative markets for foreign investors and, hence, we attract attention globally. So, any major change across the globe, be it political or economic, is bound to have an impact on India too. • Britain always provided a gateway to the European Union. Many Indian businesses have their offices in Britain so they can avail benefits and continue to remain a part of the EU. But with Brexit, this benefit will be taken away and may result in companies relocating their business set ups to other places. • Brexit might also have a positive effect, but these results may not show up immediately. The process might take time considering that the new government will take time to design and implement their policies.
  • 8. Effects of Brexit on India • Effect on Education sector/students & Travel 1. Britain is one of the most sought after education destination for Indians. Before Brexit, British universities were forced to offer scholarships and subsidies to the citizens of the UK and EU. Brexit frees up funds for the other students and more Indian students might be able to get scholarships. 2. Reduction in pound value will reduce travelling cost to the UK and will make it a good travel destination. • Investors moving to safe haven - gold. 1. Britain's decision to leave the EU has forced many to sell their risky assets and rush towards safe haven investment option like Gold. 2. In the long run, Brexit will help strengthen our ties with Britain because India's focus on innovation and entrepreneurship still makes it an attractive destination for outsourcing and investment.
  • 9. Which are the Sectors which will be affected by Brexit? • Automobile, Pharma and IT might be the most affected. NASSCOM has predicted that the effect of Brexit will be felt on the $108 Billion Indian IT sector in the short term. • Leading Indian IT firms have not commented on it as since there is a possibility of renegotiations for all the ongoing projects because of the devaluation in the value of pound. • These things can be covered up in the next few years wherein alternate arrangements can be placed between the countries. • In the automobile industry, Brexit may lead to reduction in sales and companies that derive good revenues of profits from Britain could get hurt majorly.
  • 11. The EU after the Brexit