(Rated by 4 Council Members)

Global recession will not effect on power generation transmission and distribution as each and every industry requires power.There won't be recession in this filed as nothing can run without power.

(Rated by 4 Council Members)

(Rated by 2 Council Members)

-the stagnation/decline of the traditional engines of growth. ( US, Euro Area, Japan, UK, Canada and Australia-all hovering less than 2% GDP growth, not just in the past 3-4 yrs but likely to be continue so, in the near future. There are a handful who are expected to have negative growth!)

-the emerging engines of growth are certainly the BRICA region- BRIC nations and the ASEAN region!

- Contrary to perception, those countries with huge population -are likely to be more stable economies in future, as one can expect a much more robust domestic economy-and not be entirely dependent! ( A set of 11 emerging nations qualify here!!) -The emergence of SMEs and micro enterprises in the role of developing economies. -Perceived threat to nations like Japan where increased 'savings rate' -has throttled 'consumer spending' within the domestic economy. Add to it, the low population growth-and the resistance to immigrants, the nation is fast ageing!! DrVilligas also thought aloud if the 'one child' policy adopted by China could boomerang in future. He was concerned if a child- who was brought up by 6 adults ( parents and 2 sets of grandparents)- would be motivated enough -or even develop social skills to be able to share and get along with peers- and the possible effect on 'team building' and future organisations!! As for recruiters, he did give us a list of sunrise industries that are likely to keep us busy-not just within a country-but there seems to be a lot of scope for regional/global migration of professionals. Among them..the promising sector seemed to be the sectors focussing on the Four Fs: Food, Fashion, Furniture, Fun !!

(Rated by 4 Council Members)

It was not long ago. But six months down the barrel the scenario has undergone a sea change. Most of the private promoters have resorted to “Go Slow” mode. Very few companies are going ahead with the same vigour which was witnessed in the market.

Not long ago, even in the midst of recessionary voices, the economists presented very rosy picture of India’s Power Sector. They described Power Sector to be the last sector to get affected by slow down. But, six months is pretty long time. All major promoters have been affected and are facing drying up of funds. With demands in other sector logging negative growth, the power project developers are revising their plans.

Most worried are the equipment manufacturers, who have booked orders from India’s private sector projects. With private entities in India, declaring their intent to go slow, the equipment manufacturers has also decided to suspend or shelve their manufacturing for these private projects. This scenario has benefitted India’s Central and state run power companies, who have witnessed prices of equipment dropping. Every equipment manufacturer in competitive market is trying to grab orders from central utilities so that their operations remain stable and payments are not blocked.

So this is a beginning of the end of Power Sector boom. It is true that India’s Power Sector needs tremendous investments. India needs to have regular investments in Power Sector, in future. Source: http://www.edunetsys.com/blog/india…

(Rated by 3 Council Members)

But recession is not for the whole life. World will get stable with the problem of recession in couple of months.

So dont worry about it.

(Rated by 2 Council Members)