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[Causes --]A recession normally takes place when consumers lose confidence in the
growth of the economy and spend less. This leads to a decreased demand for goods
and services, which in turn leads to a decrease in production, lay-offs and a
sharp rise in unemployment. Investors spend less as they fear stocks values will
fall and thus stock markets fall on negative sentiment.Main causes of 2009
recession were -
Positive Impact of recession-- Recession may in fact be the wake-up call that
forces them to take necessary measures that not only preserve them but may turn
out to be the making of their fortunes.Business is Darwinian. Survival of the
fittest is cruel, but ultimately it is the best way to allocate limited resources.
If a business is terminally inefficient, or operating in a market of decreasing
viability, it is better that the money of the investors, the labour of the
employees, and the enterprise of the management be deployed elsewhere, where they
can do more good.The "redeployment" process is best done quickly.The problem with
recession as an agent of that "redeployment" is that is it is a blunt instrument,
destroying not only the terminally inefficient but also many businesses that might
be viable under other circumstances.
How to combat Recession--1.Tax cuts are the first step that a government fighting
recessionary trends or a full-fledged recession proposes to do.
2.Few days back, the Bush government had proposed a $150-billion bailout package
in tax cuts.The government also hikes its spending to create more jobs and boost
the manufacturing and services sectors and to prop up the economy.
3.The government also takes steps to help the private sector come out of the
crisis.
Conclusion---
An economy which grows over a period of time tends to slow down the growth as a
part of the normal economic cycle. An economy typically expands for 6-10 years and
tends to go into a recession for about six months to 2 years.We had seen how
unemployment in the US peaked at almost 25% in the period 1929-1933 when the US
economy shrank by 27%and the stock market lost 90% of its value from boom to
bust.Even after that US managed to record 37 quarters of economic expansion the
longest period of expansion on record. The US saw a recession during 1982-83 due
to a tight monetary policy to control inflation and sharp correction to
overproduction of the previous decade. This was followed by Black Monday in
October 1987, when a stock market collapse saw the Dow Jones Industrial Average
plunge by 22.6 per cent affecting the lives of millions of Americans.The early
1990s saw a collapse of junk bonds and a financial crisis.The US saw one of its
biggest recessions in 2001, ending ten years of growth, the longest expansion on
record.From March to November 2001, employment dropped by almost 1.7 million. In
the 1990-91 recession, the GDP fell 1.5 per cent from its peak in the second
quarter of 1990. The 2001 recession saw a 0.6 per cent decline from the peak in
the fourth quarter of 2000.The dot-com burst hit the US economy and many
developing countries as well. The economy also suffered after the 9/11 attacks. In
2001, investors' wealth dwindled as technology stock prices crashed.So based on
the above facts we can easily say that if the above mentioned measures are taken
we are sure to come out of recession once again.
"The other thing is quality of life; if you have a place where you can go and have
a picnic with your family, it doesn't matter if it's a recession or not, you can
include that in your quality of life."
"Sir the answer is 4.32 sir it is solved in mechanics chapter in HCVerma.Sir Vijay
Budhani has not taken into account the area of crosssection while calculating the
friction part.Sir the direction would be reverse and as the box will rotate it
will assume a shape of a ball that is moving ".Vijay Budhani looked at me and
pondered over the idea, the would be IIT kanpurite was caught blank on that. BKM
sir looked mighty impressed.Soon after the class Vijay Budhani paid personal
attention to me and we too slowly but gradually became good friends for the most
part of Kota Odessey.And yes I had another friend of mine named Vikash Jain,he is
currently in NIT Warrangal , he was more like me and used to stay put all the time
with books only.Among us the three musketters Vijay was the most talkative person
he used to talk about women ,life .He was a Bits pilani select too but he wanted
to do computer science from IIT KANPUR only.He was the topper of Central Public
School Kota putting up a 88 percent in 12th 1% less than me but he was from a
different board altogether.He used to tell us stories of how his brother had
managed to get IIT Kanpur computer Science after a 3 year toil and now currently
he is the topper of IIMAhmedabad.We used to talk of how he used to study and all
such things. These conversations used to take place in Chambal garden just near
the Chambal River one of the most popular places of Kota.Boys and girls used to
visit the garden at alltimes , the wind of the river used to have such a cool and
calm effect touching our strained brains and tensed hearts giving relief to
both.The mellifluous naussem of the flowers used to transport us to different
place altogether where there was no strain and we were all successful and happy.
"why did not you join Bansal?Gaurav Tower is so popular "once Vikash asked .Vijay
replied to this by saying "R3 is better pahla R1 me to pahoch ne ki sooch.IIT top
1000 rankers bhare pare hai usme to . Saalo sabko chahiye Rank 1 ."I and vikash
both laughed.We often used to talk of every thing when resonance classes were not
there .VIjay was particularly good at mechanics ,infact he was a God of it .Mk
verma once told "Vijay if you are able to get atleast 100 questions of HC Verma in
2 hours then u are in with a fighting chance of making to the top.And you are
nearing it fast."Vikash and I used to stay put all day long with the sheets of
Resonance and then we needed to study peter sykes,op tandon,organic chemistry som
series,ie irodov ,resnick haliday,arihant series.At times the bad thing was that
the boys of hostel at night often used to put off the light by switching of my
rooms light from the main switch board.I used to rebuke them a lot for this but
the more i said not to do they would do it all the more.
We used to devour the delicious kachouri of Jains and used to drink juice
regularly while returning back to our hostels.Sitting in the cool shade of the
banyan tree in the Chambal garden we used to memorise the equations of
chemistry.Main livelihood of the households of kota come from the revenue
generated from the students boarding these houses.Almost all the houses of our
locality put big rent boards "If you are not a drinker and are looking for a place
to stay and study please move in" some read" 300/- a month rent .please contact
9894567432" .In kota NewYear and Dushera are two main festivals and almost all the
coaching institutes make this days memoriable by giving party to all students.It
is the sort of merry making that gave some breathing space for otherwise mundane
clastrophobic schedule.We used to go to visit nearby temples these days asking for
almighty's blessings although Vijay used to say,"I go to temple to see beautiful
girls especially the bihari girls they are so easily empressed"but both I and
Vikash knew it was only words to say really (although we liked his words) for
Vijay was a serious student and at the time of the prayer he seldom looked here
and there.
Finally as time passed and the day of exam drew closer the intensity of
preparations reached its zenith and as the final doubt clearing capsules were
finished we were all ready for the exam.I came out with an Aieee 3400 all india
rank ,as competition in Rajasthan is intense as compared to other states so I had
to be content with Nit Raipur finally .The last day when i finally moved out of
Kota with all the bagandbaggage i found i am leaving behind a host of memories
,the chambal garden ,faces of vikash ,Vijay ,jain ki dukan, putting of lights by
truant boys of hostel , the nightlong fights to keep up with scheduleof
resonance.,the girl with whom vijay used to make fun of ,the memories lay etched
in memory finally forever.The main reason why I went there was though not
successful entirely although I learned a lot there yet I had been successful in
knowing how life is and the experience have helped me in the previous few years
and I think will help in the coming years too.
when spring rain falls and drains fill with waterry sols ,
sitting beside the open window ubj recalls,
the funfilled days of limitless wonders ,
when clouds made faces and freedom chilled winters,
when the green clock shouts and cries in rage,
just then mom says "ubj, its time to wake".
--------------------------------------------------------------------ubj(uddalak
banerjee)
at 10:55 AM 1 comments Links to this post Posted by ubjtutorial for gate
Friday, February 6, 2009
Loves labour Lost
Lets go party tonight ,
loves Labour has elevated to fight,
In today s world all satake patake and that's al
love ends with daylight.
----------------------------uddalak(april 2007)
at 7:30 AM 1 comments Links to this post Posted by ubjtutorial for gate
Teetoteller
Lovely lovely sky so bright,
a teetoteller sat on my right,
humble as ever what ever he mumbeled.
I found pure love without fumble.
-----ubj(uddalak)
-------------composed in march 2006
at 7:18 AM 0 comments Links to this post Posted by ubjtutorial for gate
oyster shells
lovely,lovely small freights
costly,costly little bait,
think what may come to you,
It's oyster shell s of Tim May.
---------- uddalak
at 7:15 AM 0 comments Links to this post Posted by ubjtutorial for gate
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