impact of us recession in india in regard to different sectors?
- 2 Answers
- 8348 Views
- TCS, I also Faced
- E-Mail Answers
Answer Posted / supriya sinha
the recession which started from u.s had prpogated the
entire world and now the entire world is facing the problem
of global crisis. if india is to be considered we find that
india is not that much affected as other european
countries. to my view the most probable reason for this is
that india being an agricultural economy. but india will
face the heat of this economic recession very soon mainly
beacause a large share of gdp comes from service sector
which contributes 52% of the total gdp. the recession will
affect the countries outsourcing industry whereby it
provides it services to western countries. many reputed
companies have started layoffs for eg. wipro laid off about
1000 employees and is planning to lay off another 2000 who
are put under scanner. take the case of satyam compiters
who have given pink slips to about 4500 employees which
constitutes about 9% of its total strenth of 51000
employees. this reputed firms say that the layoffs are
performance based and those who cannot perform will perish.
but the matter of fact being that these people are paying
the price for economic recession
| Is This Answer Correct ? | 24 Yes | 5 No |
Post New Answer View All Answers
I want start a small diary farm with 10 cow plz guid me?
Microsoft certifications are being conducted across 50 centres across India. The manager in charge of the certifications has fallen sick and you have been asked to handle this process for the next week. You get multiple complaints from candidates across five different centers across India. The complaints are related to technology? from computers hanging regularly to answers not being saved properly. What would you do??
how a science graduate is helpful in banking. how his/her studies like physics/chemistry/mathematics is related to banking
why would you like to change your career from IT?
what is finance and accounting solutions
plz send me karnataka bank previous exam question papers for officers post,my email id is psreedharmahesh@gmail.com thanks in advance....
Hello everyone I'm looking for the Eassy writing topits which can be asked in interveies.could any one help me out?
store officer most important goal for next year
plz send the kvb clerk post model question papers to kvkmca.info@gmail.com
Hi,Myself Aritra Kundu,has done MBA with Finance & hRM as specialization,recently cracked the SBI Clerical exam Nov 2009.So,now I am beat tensed about the type of questions I am likely to face in the broad.Since I am a managemnt student right from my graduation,Can anyone give some light about the question I am likely to encounter?
many of our friends are selected in HGS,first source,infosys bpo as non voice executives degree qualification we have doubt that all these companies are work as call centers can any one please suggest it would be most helpful
WHAT IS THE DIFFERENTS BETWEEN SAP WITH OHTER ERP PRODUCTS?
How does Regulatory Compliance and Right to Information Act help in the growth of Business Intelligence in India ?
You are helping X Company in recruiting candidates for the admin department. You have received over 50 resumes and need to pick 5 candidates to be interviewed by the x management. This takes up 4 hours of your time every day and you are falling behind your deadlines in creating e-learning modules. How would you ensure that you do not lag behind?
I am working in IT sector and also doing regular MBA so want to know tricks regarding management of Job and Education on same time? I get some tricks here by Internet Surfing http://tinyurl.com/ycrm35w Someone have any more ideas?
