The Covid-19 pandemic hit the global economy hard. And even as the economy struggled hard to recover from this, the Russia-Ukraine war arrived as another great setback. These two factors combined are expected to push the global economy into recession next year.

1. Recession is a certainty in 2023 but how
much will it hurt India?

2. The Covid-19 pandemic hit the global economy hard. And even as the
economy struggled hard to recover from this, the Russia-Ukraine
war arrived as another great setback. These two factors combined are
expected to push the global economy into recession next year.
Two main factor which basically responsible to start mild recession
in United State:
1.COVID -19 pandemic situation
2.Russia – Ukraine War

3. Announcements:

4. What is a recession?
• Recession is decline in economy activity for more than few month.
(Downward or Decline arrow for two quarter in economy/GDP)

5. Basic Causes Of Recession
Economic Shock
Loss of consumer confidence
High interest rate
Suddenly Stock market Crash

6. Decline in real GDP
Rise in unemployment
Stagnation of industrial product
Decline in consumer spending
How to identify recession ?

7. How much recession will hurt India?
• A Bloomberg survey says that India has
no chance of a recession at this time.
• There is 0% risk for recession in India.
• But there is only one sector in India
where recession will directly impact that
is
IT Sector.

8. Recession impact on IT sector !
 Unemployment
 60 to 70% revenue of IT sector get from united state.
 As per JPMorgan’s tech team report, software companies in the US are
expected to scale down their budgets by 5%-6%.