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Recession In India

Project Report
On
Impact of Recession in India
INDEX
Introduction to recession
Definition of recession
Attributes of recession
Causes & Effects of recession
Stock Market & Recession
Recession & Politics
History of Recession
Current crisis in the US
Impact of recession in India
Consequences of US Recession
Conclusion
Bibliography
Acknowledgement
If words are considered to be sign of gratitude then let these words convey the very same.
*I am highly indebted to all* who has provide me with the necessary information and also for the support and her valuable suggestions and comments on bringing out this report in the best way possible.
I feel great pleasure to cordial thanks to all faculty members of management who sincerely supported me with the valuable insights into the completion of this project and I am thankful to that power that always inspire me to take right step in the journey of success in my life.
RECESSION
RECESSIONS ARE the result of reduction in the demand of products in the global market. Recession can also be associated with falling prices known as deflation due to lack of demand of products. Again, it could be the result of inflation or a combination of increasing prices and stagnant economic growth in the west.

Recession in the West, especially the United States, is a very bad news for our country. Our companies in India have most outsourcing deals from the US. Even our exports to US have increased over the years. Exports for January have declined by 22 per cent. There is a decline in the employment market due to the recession in the West. There has been a significant drop in the new hiring which is a cause of great concern for us. Some companies have laid off their employees and there have been cut in promotions, compensation and perks of the employees. Companies in the private sector and government sector are hesitant to take up new projects. And they are working on existing...