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Is Recession a Boon or Bane

Created by : Kranthi Kiran, Managing Consultant - People Practices, Pro-Resource Consulting  | 09 29 2009 23:07:35 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : India(Markets)
Keywords : recession impact advantage slowdown
Activity:  516 views;  last activity : 07 06 2010 20:18:09 +0000

Now a days we here news about the global economic recession, its impact of World economy. But when it comes to the Indian Market, we have a shown strange signs of handling the recession thanks to Dr.Manmohan Singh's proactive measures.

But then we still see small to large companies taking the advantage to this recession.

 
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Are companies taking advantage of Recession in employing Vs Are companies trying to cover the loses by stopping recruitment
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Yes I go with Side B, because every company is over reacting to recession. If you see the worst affected is US economies where it has seen devastated downfall of banking sector due to the sub-prime. But back in India we are extremely doing good in the Banking sector. With a calculated approach we can remove this notion from our minds.


By Kranthi Kiran, Managing Consultant - People Practices, Pro-Resource Consulting  | 09 29 2009 23:07:35 +0000
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