Banglore conference ppt_1_final09

INDIAN COMPANIES DURING GLOBAL RECESSION: AN OBJECTIVE PROLOGUE Presented at: The National Conference on Business Potential of India in a Global Recession Scenario 4 th April, 2009, Saturday

WHICH WAY DO WE GO ? KEYNES V/s ADAM SMITH ,[object Object]

AYN RAND ,[object Object],[object Object]

AYN RAND ,[object Object],"Today, people are beginning to understand that the government's account is overdrawn, that a piece of paper is not the equivalent of a gold coin, or an automobile, or a loaf of bread—and that if you attempt to falsify monetary values, you do not achieve abundance, you merely debase the currency and go bankrupt." — Ayn Rand, "Moral Inflation," The Ayn Rand Letter , vol. 3, no. 12, p. 1

Joseph E. Stiglitz and Y.V. Reddy ,[object Object],[object Object],[object Object],COMMON SENSE

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DECOUPLING THEORY HAS FAILED ,[object Object],[object Object],[object Object]

“ Small and Medium Enterprises drive industrial growth and development. Let us have a look at the Indian SME sector: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

How does the Indian business community respond to this crisis? ,[object Object],[object Object]

Capitalism ,[object Object],[object Object]

Path for the Indian companies ,[object Object],[object Object],[object Object],[object Object]

How could the government help? ,[object Object],[object Object]

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BOOMING AHEAD WITH OPTIMISM "But we do have a plan. We're working on it. And, I do think that we will get it stabilized, and we'll see the recession coming to an end probably this year.“ -Ben Bernanke Federal Reserve Chairman Ben Bernanke ,[object Object]

Banglore conference ppt_1_final09

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