ARE WE STARING AT A RECESSION? - PowerPoint PPT Presentation

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ARE WE STARING AT A RECESSION?

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This is the thought lingering in everyone’s mind right now. Was our response to the coronavirus pandemic an over-reaction and overblown? Did we take a rocket launcher to a street fight and in the meantime sacrificed our economy to a virus which does not affect more than 80% of the infected, much less being lethal to everybody. – PowerPoint PPT presentation

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Title: ARE WE STARING AT A RECESSION?


1
ARE WE STARING AT A RECESSION?
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This is the thought lingering in everyones mind
right now. Was our response to the coronavirus
pandemic an over-reaction and overblown? Did we
take a rocket launcher to a street fight and in
the meantime sacrificed our economy to a virus
which does not affect more than 80 of the
infected, much less being lethal to everybody.
While hindsight is always 20/20, our response has
been classically inadequate and wishy-washy at
the best. Now all the circus of shifting the goal
posts is being done so that the government does
not look stupid. This culture and habit of
banning everything, halting every process,
providing blanket solutions for everything has
done our nation irreparable harm. The disaster at
the LG polymer plant is just the tip of the
iceberg, as there will be many monsters which
were hidden during lockdown, will resurface now.
The lockdown has been against our inherent human
nature. We dont fear the disease we may get and
from which we may die. We have emerged victorious
from many diseases in the past although with
differing levels of casualties. Bangalore has
been the prime driver of technological
advancement in India and it has suffered big
losses in business opportunities and job openings.
3
Jobs in Bangalore
Bangalore is often called the Silicon Valley of
India because it hosts the offices of all the
major tech companies. It is the city which is
always on the cutting edge of technology and
innovation. However, due to pandemic and strict
lockdown, the business and economy of city have
come to a grinding halt. Jobs have vanished from
the informal sector totally while we see firing
of employees by companies almost on a daily
basis. Work from home has become the new normal
and with it, the informal sector which existed
around the multitude of offices and the tech
parks has been very badly hit. Jobs however will
resurface in sectors related to facilitating
those working from home. The car wash and service
stations will be on a hiring overdrive due to an
urgent and recurrent need to disinfect the
vehicles regularly. Getting jobs is dependent on
the skill levels of the candidates and their
abilities to adapt to the new jobs.
4
Fresher Jobs in Bangalore
There are some ventures being set up such as
Amazon has started Amazon Food and started
operations in 4 parts of Bangalore. The
restaurant business in the form of cloud kitchens
will pick up steam shortly. However, people who
had invested in the real estate and decor for
fine dining in restaurants are in for a huge
shock. The circumstances are such that many
business models have failed and new models will
take off. Only those businesses which have the
will to survive and adaptability will be able to
stand on their feet.
Jobs after 12th in Bangalore
Some of the Jobs after 12th are delivery
executives, providing tech support to customers
of internet companies, jobs in automobile
companies and service centers, Assistant and
support staff to other people, security agency
jobs, etc.
5
Best Jobs in your city
Best Jobs in your city are those which provide a
balance of work and life and are recession proof.
Jobs for which payment can be a little bit less,
provide a dignified life and feeling of value
addition to the society. These can be working in
social service organizations or in law
enforcement. Best jobs are according to a
persons interests and field of expertise and
studies.
6
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