SlideShare a Scribd company logo
The Recession of 2008-2009:  How Painful Will It Be? Made by – Saurabh Gupta  Bcom vocational (insurance 2 nd  year)
[object Object],[object Object],Recession
Recession and its impacts on insurance sector in India.
Effects of Recessions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Investments in india in different types of policies of LIC and other insurance companies. (In billions.) Source:- IRDA
Savings Rate in india  Source: Commerce Department, Bureau of Economic Analysis July 2008: 1.2% 2007  2008  2009
REDUCTION IN SALES OF INSURANCE SECTOR Source: IRDA Aug. 2008: $381.2 billion 2008  2009 Total retail sales in billions of dollars, seasonally adjusted.
REDUCTION IN SALE OF ULIP POLICIES Source:  IRDA Aug. 2008: 100.8 2007  2008  2009
Sales of new insurance policies. Source:  TIMES OF INDIA July 2008: 515,000
Percentage change in sale of new policies. 2004  2005  2006  2007  2008 0
Deficit in Indian Insurance Trade Source:  Economic times 2007  2008 July 2008: $62.2 billion
Consumer Confidence Index Source: Hindustan times 2007  2008 Aug. 2008: 56.9
INDIA’S Jobless Rate In percent, seasonally adjusted: Source:Department of Labor 2008  2009
Increament in Unemployment Rate in india due to recession. Source: Indian Workforce Commission
How to come out of Recession? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Basic Don’ts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Basic Do’s ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Daily  Expenses ,[object Object],[object Object],[object Object],[object Object]
Government Plans against the Recession? ,[object Object],Government has 2 plans Fiscal Policies (By Govt.) Monetary Policies (By RBI) Government influences the  economy by changing how it (Government) spends  and collects money  RBI manipulates  the available supply of  money in the country
Govt control through RBI ,[object Object],[object Object],[object Object]
Government Fiscal Policies Government influences the economy by changing  how Government spends and collects money  1] Tax cuts for  businesses or for individuals More money available for spending Demand picks up; Market  can recover; 2] More spending  by Govt. to create jobs  Individuals get salary and spend money 3] Automatic  fiscal policy; Unemployment Insurance Some income to unemployed  people to spend Fiscal  Policies
Government Monetary Policies 1] Reduce CRR  for banks More money available for bank to give loans Demand picks up; Market  can recover; Government manipulates the available supply  of money in the country  Monetary Policies 2] Lower the  Repo & Reserve repo rates` Individuals take more loan
What about India in global market crises Most of the developing economies like China, India; Currently,  Slow Down Stage; Not yet  in Recession Most of the developed economies like US, Japan, Germany, etc Currently,  in Recession GDP Growth Rate Down;  But, Still expected to be Around 6% in India GDP Growth Rate Negative;
Don’t worry What goes down will always go up, Markets will rebound – these tips will prepare you to be a winner !!  HOPING THIS TIME RECESSION VANISHES SOON SO THAT INDIA GETS BACK TO ITS STRONGER GDP GROWTH RATE OF 8% TO 10% . (AS PER THE EXPERSTS OPINIONS IT WILL LAST TILL  Q3 of 2009 ).. You can be updated yourself with the current economic condition through ‘ Business TV-channels,News,News papers’.
 

More Related Content

What's hot

Budget in hotels an overview
Budget in hotels  an overviewBudget in hotels  an overview
Stagflation
StagflationStagflation
Monetary policy
Monetary policyMonetary policy
Monetary policy
Sujan Sarker
 
Macro Eco Project
Macro Eco ProjectMacro Eco Project
Macro Eco Project
TICS
 
Unit 5 econ student
Unit 5 econ studentUnit 5 econ student
Unit 5 econ student
Nick Allgyer
 
The World This Week 4th Nov - 9th Nov
The World This Week 4th Nov - 9th NovThe World This Week 4th Nov - 9th Nov
The World This Week 4th Nov - 9th Nov
Karvy Private Wealth
 
Unit 6: GDP and Economic Challenges
Unit 6: GDP and Economic ChallengesUnit 6: GDP and Economic Challenges
Unit 6: GDP and Economic Challenges
joleksa
 
Wallet4wealth December- 2021
Wallet4wealth December- 2021Wallet4wealth December- 2021
Wallet4wealth December- 2021
WALLET4WEALTH
 
Wallet4 wealth newsletter-aug21
Wallet4 wealth newsletter-aug21Wallet4 wealth newsletter-aug21
Wallet4 wealth newsletter-aug21
WALLET4WEALTH
 
Market Perspectives August 2017
Market Perspectives  August 2017Market Perspectives  August 2017
Market Perspectives August 2017
Mark Biegel
 
Market Perspective April 2017
Market Perspective April 2017Market Perspective April 2017
Market Perspective April 2017
Mark Biegel
 
Monthly Market Perspective - January 2017
Monthly Market Perspective - January 2017Monthly Market Perspective - January 2017
Monthly Market Perspective - January 2017
Mark Biegel
 
Vsn financial-services-newsletter-aug21
Vsn financial-services-newsletter-aug21Vsn financial-services-newsletter-aug21
Vsn financial-services-newsletter-aug21
bhaveshgarg
 
Monetary policy & fiscal policy
Monetary policy & fiscal policyMonetary policy & fiscal policy
Monetary policy & fiscal policy
Simran Kaur
 
Vsn financial-newsletter-april-issue
Vsn financial-newsletter-april-issueVsn financial-newsletter-april-issue
Vsn financial-newsletter-april-issue
bhaveshgarg
 
Wallet4wealth november 2021
Wallet4wealth november 2021Wallet4wealth november 2021
Wallet4wealth november 2021
WALLET4WEALTH
 

What's hot (16)

Budget in hotels an overview
Budget in hotels  an overviewBudget in hotels  an overview
Budget in hotels an overview
 
Stagflation
StagflationStagflation
Stagflation
 
Monetary policy
Monetary policyMonetary policy
Monetary policy
 
Macro Eco Project
Macro Eco ProjectMacro Eco Project
Macro Eco Project
 
Unit 5 econ student
Unit 5 econ studentUnit 5 econ student
Unit 5 econ student
 
The World This Week 4th Nov - 9th Nov
The World This Week 4th Nov - 9th NovThe World This Week 4th Nov - 9th Nov
The World This Week 4th Nov - 9th Nov
 
Unit 6: GDP and Economic Challenges
Unit 6: GDP and Economic ChallengesUnit 6: GDP and Economic Challenges
Unit 6: GDP and Economic Challenges
 
Wallet4wealth December- 2021
Wallet4wealth December- 2021Wallet4wealth December- 2021
Wallet4wealth December- 2021
 
Wallet4 wealth newsletter-aug21
Wallet4 wealth newsletter-aug21Wallet4 wealth newsletter-aug21
Wallet4 wealth newsletter-aug21
 
Market Perspectives August 2017
Market Perspectives  August 2017Market Perspectives  August 2017
Market Perspectives August 2017
 
Market Perspective April 2017
Market Perspective April 2017Market Perspective April 2017
Market Perspective April 2017
 
Monthly Market Perspective - January 2017
Monthly Market Perspective - January 2017Monthly Market Perspective - January 2017
Monthly Market Perspective - January 2017
 
Vsn financial-services-newsletter-aug21
Vsn financial-services-newsletter-aug21Vsn financial-services-newsletter-aug21
Vsn financial-services-newsletter-aug21
 
Monetary policy & fiscal policy
Monetary policy & fiscal policyMonetary policy & fiscal policy
Monetary policy & fiscal policy
 
Vsn financial-newsletter-april-issue
Vsn financial-newsletter-april-issueVsn financial-newsletter-april-issue
Vsn financial-newsletter-april-issue
 
Wallet4wealth november 2021
Wallet4wealth november 2021Wallet4wealth november 2021
Wallet4wealth november 2021
 

Viewers also liked

Maps
MapsMaps
Top 10 Strategies to Maximize LinkedIn for Entrepreneurs
Top 10 Strategies to Maximize LinkedIn for EntrepreneursTop 10 Strategies to Maximize LinkedIn for Entrepreneurs
Top 10 Strategies to Maximize LinkedIn for Entrepreneurs
Roar Media
 
Compliance and FMV - Karen Lowney
Compliance and FMV - Karen LowneyCompliance and FMV - Karen Lowney
Compliance and FMV - Karen Lowney
TTC, llc
 
Ten Ways to Wealth
Ten Ways to WealthTen Ways to Wealth
Ten Ways to Wealth
Pines Wealth Management
 
Everything you ever wanted to know about lenox v5
Everything you ever wanted to know about lenox v5Everything you ever wanted to know about lenox v5
Everything you ever wanted to know about lenox v5
channinggibson
 
Presentation ict3992
Presentation ict3992Presentation ict3992
Presentation ict3992
Areniym Lovelova
 
Seven50 polling results weeks 1-9
Seven50  polling results weeks 1-9 Seven50  polling results weeks 1-9
Seven50 polling results weeks 1-9
Roar Media
 
Summit 3 Opportunity FHEA Presentation
Summit 3 Opportunity FHEA Presentation Summit 3 Opportunity FHEA Presentation
Summit 3 Opportunity FHEA Presentation
Roar Media
 

Viewers also liked (8)

Maps
MapsMaps
Maps
 
Top 10 Strategies to Maximize LinkedIn for Entrepreneurs
Top 10 Strategies to Maximize LinkedIn for EntrepreneursTop 10 Strategies to Maximize LinkedIn for Entrepreneurs
Top 10 Strategies to Maximize LinkedIn for Entrepreneurs
 
Compliance and FMV - Karen Lowney
Compliance and FMV - Karen LowneyCompliance and FMV - Karen Lowney
Compliance and FMV - Karen Lowney
 
Ten Ways to Wealth
Ten Ways to WealthTen Ways to Wealth
Ten Ways to Wealth
 
Everything you ever wanted to know about lenox v5
Everything you ever wanted to know about lenox v5Everything you ever wanted to know about lenox v5
Everything you ever wanted to know about lenox v5
 
Presentation ict3992
Presentation ict3992Presentation ict3992
Presentation ict3992
 
Seven50 polling results weeks 1-9
Seven50  polling results weeks 1-9 Seven50  polling results weeks 1-9
Seven50 polling results weeks 1-9
 
Summit 3 Opportunity FHEA Presentation
Summit 3 Opportunity FHEA Presentation Summit 3 Opportunity FHEA Presentation
Summit 3 Opportunity FHEA Presentation
 

Similar to Saurabhrecession

Recession
RecessionRecession
Recession
Mohammed Asif
 
What Is Recession
What Is RecessionWhat Is Recession
What Is Recession
Gaurav Narula
 
Recession A Laymans Approach[1]
Recession    A Laymans Approach[1]Recession    A Laymans Approach[1]
Recession A Laymans Approach[1]
ruchikadhingra
 
Recession
RecessionRecession
Recession
Sandeep Nishad
 
Recession Explained indepth
Recession Explained indepthRecession Explained indepth
Recession Explained indepth
Fasil Mohamed
 
What Is Recession
What Is RecessionWhat Is Recession
What Is Recession
saurabh119
 
Recession
RecessionRecession
Recession
RecessionRecession
Recession
viveeonline
 
Global imbalance
Global imbalanceGlobal imbalance
Global imbalance
meghna gupta
 
Recession
RecessionRecession
Recession
Dr. Salman Iqbal
 
Global Imbalance
Global ImbalanceGlobal Imbalance
Global Imbalance
Shyam Mishra
 
Recession
RecessionRecession
Recession
viveeonline
 
Recession
RecessionRecession
Recession
Parul_100in
 
recession
recessionrecession
recession
mrityunjay kumar
 
Recession and its effects
Recession and its effectsRecession and its effects
Recession and its effects
SEO Guy
 
Recession
RecessionRecession
Recession
Jitendra
 
Recession
RecessionRecession
Recession
MAYUR PATEL
 
Recession
RecessionRecession
Recession
Ravi Ayilavarapu
 
Recession is All About....
Recession is All About....Recession is All About....
Recession is All About....
Deepak_1982
 
Recession - what & how to come out of it?
Recession - what & how to come out of it?Recession - what & how to come out of it?
Recession - what & how to come out of it?
UmaShanker Akharia ~ U.S.A.
 

Similar to Saurabhrecession (20)

Recession
RecessionRecession
Recession
 
What Is Recession
What Is RecessionWhat Is Recession
What Is Recession
 
Recession A Laymans Approach[1]
Recession    A Laymans Approach[1]Recession    A Laymans Approach[1]
Recession A Laymans Approach[1]
 
Recession
RecessionRecession
Recession
 
Recession Explained indepth
Recession Explained indepthRecession Explained indepth
Recession Explained indepth
 
What Is Recession
What Is RecessionWhat Is Recession
What Is Recession
 
Recession
RecessionRecession
Recession
 
Recession
RecessionRecession
Recession
 
Global imbalance
Global imbalanceGlobal imbalance
Global imbalance
 
Recession
RecessionRecession
Recession
 
Global Imbalance
Global ImbalanceGlobal Imbalance
Global Imbalance
 
Recession
RecessionRecession
Recession
 
Recession
RecessionRecession
Recession
 
recession
recessionrecession
recession
 
Recession and its effects
Recession and its effectsRecession and its effects
Recession and its effects
 
Recession
RecessionRecession
Recession
 
Recession
RecessionRecession
Recession
 
Recession
RecessionRecession
Recession
 
Recession is All About....
Recession is All About....Recession is All About....
Recession is All About....
 
Recession - what & how to come out of it?
Recession - what & how to come out of it?Recession - what & how to come out of it?
Recession - what & how to come out of it?
 

Recently uploaded

Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta MatkaDpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
Adani case
 
How to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM SoftwareHow to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM Software
SalesTown
 
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
AnnySerafinaLove
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
fisherameliaisabella
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
DerekIwanaka1
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
LuanWise
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
Kirill Klimov
 
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
my Pandit
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
Top Forex Brokers Review
 
buy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accountsbuy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accounts
Susan Laney
 
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
jamalseoexpert1978
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Corey Perlman, Social Media Speaker and Consultant
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
SEOSMMEARTH
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
JeremyPeirce1
 
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
my Pandit
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 

Recently uploaded (20)

Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta MatkaDpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
 
How to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM SoftwareHow to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM Software
 
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
 
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
 
buy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accountsbuy old yahoo accounts buy yahoo accounts
buy old yahoo accounts buy yahoo accounts
 
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
 
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 

Saurabhrecession

  • 1. The Recession of 2008-2009: How Painful Will It Be? Made by – Saurabh Gupta Bcom vocational (insurance 2 nd year)
  • 2.
  • 3. Recession and its impacts on insurance sector in India.
  • 4.
  • 5. Investments in india in different types of policies of LIC and other insurance companies. (In billions.) Source:- IRDA
  • 6. Savings Rate in india Source: Commerce Department, Bureau of Economic Analysis July 2008: 1.2% 2007 2008 2009
  • 7. REDUCTION IN SALES OF INSURANCE SECTOR Source: IRDA Aug. 2008: $381.2 billion 2008 2009 Total retail sales in billions of dollars, seasonally adjusted.
  • 8. REDUCTION IN SALE OF ULIP POLICIES Source: IRDA Aug. 2008: 100.8 2007 2008 2009
  • 9. Sales of new insurance policies. Source: TIMES OF INDIA July 2008: 515,000
  • 10. Percentage change in sale of new policies. 2004 2005 2006 2007 2008 0
  • 11. Deficit in Indian Insurance Trade Source: Economic times 2007 2008 July 2008: $62.2 billion
  • 12. Consumer Confidence Index Source: Hindustan times 2007 2008 Aug. 2008: 56.9
  • 13. INDIA’S Jobless Rate In percent, seasonally adjusted: Source:Department of Labor 2008 2009
  • 14. Increament in Unemployment Rate in india due to recession. Source: Indian Workforce Commission
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21. Government Fiscal Policies Government influences the economy by changing how Government spends and collects money 1] Tax cuts for businesses or for individuals More money available for spending Demand picks up; Market can recover; 2] More spending by Govt. to create jobs Individuals get salary and spend money 3] Automatic fiscal policy; Unemployment Insurance Some income to unemployed people to spend Fiscal Policies
  • 22. Government Monetary Policies 1] Reduce CRR for banks More money available for bank to give loans Demand picks up; Market can recover; Government manipulates the available supply of money in the country Monetary Policies 2] Lower the Repo & Reserve repo rates` Individuals take more loan
  • 23. What about India in global market crises Most of the developing economies like China, India; Currently, Slow Down Stage; Not yet in Recession Most of the developed economies like US, Japan, Germany, etc Currently, in Recession GDP Growth Rate Down; But, Still expected to be Around 6% in India GDP Growth Rate Negative;
  • 24. Don’t worry What goes down will always go up, Markets will rebound – these tips will prepare you to be a winner !! HOPING THIS TIME RECESSION VANISHES SOON SO THAT INDIA GETS BACK TO ITS STRONGER GDP GROWTH RATE OF 8% TO 10% . (AS PER THE EXPERSTS OPINIONS IT WILL LAST TILL Q3 of 2009 ).. You can be updated yourself with the current economic condition through ‘ Business TV-channels,News,News papers’.
  • 25.