Anupam Gautam & Monika Porwal

ANUPAM GAUTAM & MONIKA PORWAL

Recession is the Economy shrinking for two consecutive quarters (i.e. more than 6 months) with a decrease in G.D.P. G.D.P. is the value of all the reported goods & services produced by the people operating in the country. GDP consists:    

Industries Agriculture Services rendered Foreign trade ANUPAM GAUTAM & MONIKA

ANUPAM GAUTAM & MONIKA

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ECONOMIC FACTS

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SOCIETAL FACTS

ANUPAM GAUTAM & MONIKA

PARTICULAR

Sept. 08

Sept. 09

Growth of GDP @ factor cost @ constant 19992000 prices

7.7 %

7.9 %

Overall growth in Index of Industrial Production

6%

9.1 %

IIP growth during Q1 & Q2

3.4 %

6.5 %

Forex reserves (excluding Gold, SDR & Reserve tranche position in IMF)

USD 244 Billion

USD 267.02 Billion

• 200 tones of Gold has been purchased by INDIA from World Bank. • Cumulative rainfall (1st June – 30th Sept. 09) for the country as a whole was 23% below the Long-Period Average (LPA). ANUPAM GAUTAM & MONIKA

ANUPAM GAUTAM & MONIKA

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POPULATION DEMOGRAPHY Approx. 7% of Indian population is engaged in industrial sector.  3.8% are industrial labors, who survive on mere Rs. 20 – 30 per day per head.  Approx. 65% of Indian population survive @ Rs. 20 per day per head.  Only 3.2% population are affected by this ‘Slow-down.’ 

ANUPAM GAUTAM & MONIKA

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JOBS CREATED (1.71 Lac jobs created in PSUs)              

Administration = 2188. Agro & Allied sector = 988. Banking = 51,692. Education = 7,972. Engineering = 10,559. Finance & Accounts = 1,699. Health = 7,424. Non-Technical = 4,954. Office Support = 7,839. Specialist = 4,029. Science & Technology = 2,627. Security = 35,632. Service Engineering = 31,530. Others = 1,687. ANUPAM GAUTAM & MONIKA

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MANPOWER REQUIREMENTS

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I.C.T. Sector = 50,000. Insurance = 18,000. Banking = 12,000. Other Services = 4,000. Medical = 53,000. BPO/KPO/LPO = 20,000.

ANUPAM GAUTAM & MONIKA

Mr. Nandan Nilekani (C.E.O, INFOSYS):

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“even-though the I.T. sector would see the impact of the economic slowdown in terms of growth-rate, the I.T. industry will continue to grow & recruit manpower.”

‘Manpower Outlook Survey’ ranked India 2nd out of 33 countries In terms of manpower recruitment for the year. They remarked – “although the global slowdown will impact the hiring plans of Indian employers for next 3 months, it has the 2nd strongest hiring capacity globally; with Net Employment Outlook of 19%.”

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ANUPAM GAUTAM & MONIKA

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LAY-OFFS    

TCS = 500. Patni Computers = 400. IBM = 700 (Freshers). Wipro = 3,000 (Considering).

Reason: ‘Non-performance.’ They have done so for many recruits even ‘preSeptember 2008’, when the economy was ‘overheating.’

ANUPAM GAUTAM & MONIKA

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PERFORMANCE OF TOP COMPANIES  

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Profit of top 1,990 cos. risen by 38.7% until Q2 of 2009. Acco. to F.E. Research Bureau, these cos. made a profit of Rs. 71,000 Cr. as compared to Rs. 51,000 Cr. in last year. (approx.) Banks, Technology, Automobiles, Cement industries shown good results. Cos. registered with SENSEX shown approx. 7.6% growth in Y-O-Y profits. RBI backs this story of growth.

THANKS TO COST-CUTTING, RESTRUCTURING & LAY-OFFS. ANUPAM GAUTAM & MONIKA

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Did any INDIAN Banks/Realty ?

lost

money

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Did YOU stopped Shopping, Watching Movies, Celebrating Festivals, Eating-out with Friends & Family ?

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Prices of Edible-goods shot-up, but did YOU stopped eating or COST-CUTTING in it ?

ANUPAM GAUTAM & MONIKA

in

ANUPAM GAUTAM & MONIKA

• It is in the mind of WE, the PEOPLE. • It is in the mouth of CORPORATE houses. • Recession is in ‘STRATEGIES’, not in ‘REALITY’. ANUPAM GAUTAM & MONIKA

ANUPAM GAUTAM & MONIKA

ANUPAM GAUTAM & MONIKA PORWAL