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How to Overcome from this recession?

Discuss How to Overcome from this recession? within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; Originally Posted by chaitanya_raut Would u plz tell the ways which can apply & we will overcome from this economic ...

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Re: How to Overcome from this recession?
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Kalpana Heliya
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Re: How to Overcome from this recession? - September 2nd, 2009

Quote:
Originally Posted by chaitanya_raut View Post
Would u plz tell the ways which can apply & we will overcome from this economic crisis
Govt has a major role to play in improving the recessionary condition.

-the govt shud encourages, businesses as it helps in getting the foriegn fund flows.

-provide credit to the businesses.

-focus on tax collection to meet up the expenditures.

- slash budgets on unnecesary expenditures like military, defence, legislative etc.

-improve tourism to help generate funds.

r some possible ways...
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Re: How to Overcome from this recession?
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Gurpreet Singh
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Smile Re: How to Overcome from this recession? - September 2nd, 2009

Well Economic crisis are a crisis which are due to big failure of European economies.

We are just facing a slowdown not a real recession
i think to come out of this slow down we should do following things -

1- We must focus on rural and unstrapped markets because 70% of India's population lives in rural area and for trapping those rural markets we must increase and promote manufacturing sector, especially FMCG sector companies to generate quick revenues.
2- We must empower closed textile mills and agriculture products producing companies.
3- We must increase the exports by exporting electronics items, spices, pickles and other products because i think this can generate huge income and foreign revenue reserve.
4- We must focus on organic farming and herbal farming fields which have good scope of exports and sales in the market.
5- We must try to explore unique and new business areas to improve GDP and National Income.
6- There must be good check on people's earnings to improve tax collection and govt must look after citizens to pay tax if their earnings comes under income tax slab.
7- Industries like electronics and FMCG products units must be motivated and supported by government.
8- India must export maximum items to African nations.


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Re: How to Overcome from this recession?
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Siddhi Ranavat
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Re: How to Overcome from this recession? - September 7th, 2009

We must focus on rural and unstrapped markets because 70% of India's population lives in rural area and for trapping those rural markets we must increase and promote manufacturing sector, especially FMCG sector companies to generate quick revenues.
2- We must empower closed textile mills and agriculture products producing companies.
3- We must increase the exports by exporting electronics items, spices, pickles and other products because i think this can generate huge income and foreign revenue reserve.
4- We must focus on organic farming and herbal farming fields which have good scope of exports and sales in the market.
5- We must try to explore unique and new business areas to improve GDP and National Income.
6- There must be good check on people's earnings to improve tax collection and govt must look after citizens to pay tax if their earnings comes under income tax slab.
7- Industries like electronics and FMCG products units must be motivated and supported by government.
8- India must export maximum items to African nations.
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Re: How to Overcome from this recession?
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Sachin Chourey
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Re: How to Overcome from this recession? - January 23rd, 2016

As we can see now a days The ongoing recession in the economy is called to be a worldwide tragedy.If we go through Online jobs are a way to survive the time of recession as it is a difficult task to find jobs almost.As long as recession will be there we cant find the secure way to have a good career and future. Recession will drag us down from the succeed.
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Robin Camryn
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Re: How to Overcome from this recession? - January 29th, 2016

It is really not easier to control of the economic recession until and unless we shall not comprehend suitable triggers and may not take serious methods for manipulating the major causes simply because robust economic system needs a robust economic policies and strategies. It takes on an important position in providing the power economy.
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Gaurav Srivastva
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Re: How to Overcome from this recession? - July 10th, 2016

Use this as an opportunity to increase your skill set. Network more with other people. Sooner or later you will find a job.
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Re: How to Overcome from this recession?
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Kartik Raichura
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Re: How to Overcome from this recession? - July 13th, 2016

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Originally Posted by gauravsri View Post
Use this as an opportunity to increase your skill set. Network more with other people. Sooner or later you will find a job.
Easier said than done. But something that one can't escape.

In recession, if you are laid off or finding it difficult to land a job, you should:
  • Network more and invite people to have a cup of coffee with you.
  • Read more and gather a broad understanding of business and the environment around. Read things you are passionate about.
  • Do more. Try to start a small business or figure out ways to freelance or make some pocket change. You'll need it to keep yourself occupied when you don't have much to do.


Help Others -> Help Yourself !


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