Presentation On Economic Slowdown in India
Presentation On Economic Slowdown in India
Presentation On Economic Slowdown in India
SLOWDOWN IN INDIA
CONTENTS
• Introduction
• Difference between Slowdown & Recession
• Causes
• Live Examples
• Market Survey
• Corrective steps to be check for Global Economic Slowdown
• Best Possible Solution
• Conclusion
INTRODUCTION
On 26th August 2019 BJP’s official account tweeted
“ Amid Global Slowdown, India remains the fastest growing
economy. But that’s not true.”
DIFFERENCE BETWEEN RECESSION &
ECONOMIC SLOWDOWN
Slowdown Recession
Economy can be “slowdown” if growth Economy to be in Recession is has to 2
rate is declining show 2 quarters of negative growth of
GDP
GDP growth may still positive but its not GDP growth in negative
as much as previous
CAUSES
• Collapse in private consumption & Investment
freeze reading to double whammy
• The effect of demonetization
• Too much debt
• Roll out of GST
• Global slowdown
• Ride out the storm
LIVE EXAMPLES
UNEMPLOYMENT
• As per Report of Central for Monitoring India Economy (CMIE), In 2008 – 1.10 Crore People are unemployed.
• Unemployment rate of India 2010 – 3.54%, as Comparison to United States of America in 2010 – 9.6%.
• Unemployment rate of India 2017-18 – 6.1%, as Comparison to United States of America in 2017-18 – 3.7%.
• India’s Unemployment rate hits 45 Years high in 2017-18 – Reports, (NSSO) National Sample Survey Office.
• India’s Unemployment rate rose to 7.2% in last month, up from 5.9% in feb 2018, According to data complied by the centre for monitoring
Indian economy (CMIE), Think Tank.
• Over 20 Crore Indians may be unemployed or in bad debts jobs by 2025 – Report (CMIE).
• India’s GDP slowed to 6.8% in 2018-19, the slowest pace since 2014-15. (According to Indian Economy Experts, its reduce to 6.5)
• Sales of cars, tractors, two-wheelers have declined considerably.
• Around Two lakhs jobs cut across automobile Dealerships in last 3 months.
• Cars Sales, which had fallen by 30% in July 2019.
• GST & Demonetizations affected business units.
• Economic Slowdown ‘ very worrisome’, new set of reforms needed – Raghuram Rajan ( Former Governor of RBI).
• India’s merchandise exports in June declined by 9.71%
• Automation – Robot Automation will take 800 Millions jobs by 2030 – Reports.
• India’s Largest biscuit manufacturer park says it could slash 10,000 jobs Amid slowdown.
• According to world bank – Looming Threat! Automation on Threats 69% jobs in india, says world bank.
AUTOMOBILE SECTOR
FOREIGN INVESTMENT
SHARE MARKET
BANKING SECTOR
RISING OIL PRICES
DOLLAR RISING
FOREIGN EXCHANGE