hi as it was discussed with nash $100 can u let me know when it will be ready Document Preview: Project Proposal Guidelines Following are the guidelines of what a proposal should include: Word count:...

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Research Proposal: Indian Economy after Recession
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Table of Contents
Title of Project Proposal ................................................................................................................. 3
Introduction ..................................................................................................................................... 3
Research Background: ................................................................................................................ 3
Rationale of the Study:................................................................................................................ 4
Literature Review............................................................................................................................ 5
Research Objectives and Research Questions ................................................................................ 8
Research Aims and Objectives: .................................................................................................. 8
Research Questions: .................................................................................................................... 9
Research Methodology and Design ................................................................................................ 9
Data Collection and Analysis........................................................................................................ 12
References ..................................................................................................................................... 15
Appendixes ................................................................................................................................... 17
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Title of Project Proposal
The title of this project proposal is “An evaluation of Impact of Global Recession on
Performance of Indian Economy and Consumer Buying Behaviour: A case study of Indian Retail
Sector.”
The main focus on this research study will be the global recession and its impact on the
economic ups and downs in Indian market, which eventually affects the buying behaviours of
consumers. Currently, India has been considered as one of the growing economic country, which
is integrated with the world economic environment through current situation as well as capital
account. The researcher will focus on Indian economy and buying behaviour of Indian
consumers after global economic downturn (Bajpai 2010).
Due to globalization and high contribution of Indian economic in global economic
environment, Indian consumers have changed their basic requirements, lifestyle and increases
standard of living. Consumers of Indian have become more demanded due to increases in their
purchasing power and disposable income. Thus, researcher will also concentrate on Indian retail
sector for evaluation of performance of Indian economy after recession.
Introduction
Research Background:
In the current era of globalization, national boundaries have no meaning to create barriers
in the development of business and economic environment. Currently, financial crisis have been
happening with high frequency. The recession in US financial market has created a global
meltdown due to involvement of all the countries in US economy. The impact of recession has
varied for different countries. All over world has faced a diversified impact of recession, but in
developing countries it has affected the economy severely. Economic downturn due to recession
is also a reason of decreases in purchasing power of consumers (Jhunjhunwalla 2009). The
impact of global recession has affected different sectors of the countries such as stock market,
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banking sector, export and import, employment and jobs, downsizing the structure of the
companies, reduction in perks and benefits, retail industries, etc. (Mandal and Bhattacharjee
2012).
India is one of the fastest developing nations in terms of economy. The global recession
2008-2009 had been remarked as the biggest economic slowdown, which affected the growth
and development of several countries and India was also not untouched by the impact of this
recession (Napate 2012). Due to global recession, it has been evaluated that Indian faced decline
in export rate and its currency lost values in global market, but it has shown growth in GDP in
2011 and 2012. The economic growth of Indian economy has been shown in appendix 1.
According to this, growth rate of India was 7.6% in 2011 and 7.7% in 2012 and it is
predicted 7.9% in 2013. This growth shows that India has recovered from the impact of global
recession 2008, but still there are several factors that affect the economic performance of the
country.
The global recession has slugged the Indian economy due to cross boarder integration of
financial markets. Thus the impact of global recession has affected different sector in different
terms. In retail sector consumer’s buying behaviour also affected due to this recession.
Rationale of the Study:
The rationale behind selecting the problem of global recession and its impact in Indian
economy is to understand the economic environment of India. It has been evaluated through
several studies on global recession and Indian economy, such as Sinha (2012), Bhatt (2011) and
Poddar (2011), etc. According to all these studies global recession has not affected the Indian
economic in severe manner but it has affected the growth rate of GDP. It can be assumed that, if
the global recession does not take places, Indian economy would be treated as the most powerful
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and emerging economy, as it would show higher growth in GDP, but it has not happened due to
US financial crisis and global meltdown.
Researcher will focus on this topic to understand the different key factors and reasons
that have ensured the growth of economic environment in critical situations (Singh 2011).
Therefore, by choosing this topic and taking an example of Indian retail sector, researcher wants
to examine the key factors and indicators that affect the both micro and macro environment of
India. The affect of global recession on Indian economy was visible after second quarter of 2009
(Sarode 2010). Thus, there was a need to understand what was happened and at what level the
global recession impacted the Indian economy and purchasing power and income distribution
ability in Indian market, so this topic is selected by the researcher for further study.
Literature Review
Economic recession can be understood as the slowdown in the different economic
activities for a long time period. Recession affects several economic factors such as GDP rate of
countries, employment rates, investment, etc. (Bajpai 2010).
As per the report given by IMF’s world economic outlook (2008), the economy of global
world was passed from the most dangerous face, which had impact the economies of not only
developing countries but also developed countries. According this report, the PPP world
economy had been down by 3% which affected the growth of different sectors in global world.
The severity of this recession was very high but there were some countries that has not affected
at high extent with this recession (Bhatt 2011).
According to the report presented by Sharma (2011), in spite of global recession and its
bad impact on all the countries of the world, economic performance of India is strong and it is
confident to pick its high economic growth in the coming future. It is because, Indian economist
and government has a belief that global recession has not affected the performances of Indian
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business in terms of finance and GDP because of large domestic consumption and less
dependability of other courtiers.
It is also asserted in the study conducted by Napate (2012) that global recession has
affected the information technology sector in critical manner. Moreover, in real estate and
manufacturing sector, the impact of recession was not very high because in Asia, most of the
countries have prudence economies model.
According to Mandal and Bhattacharjee (2012) after passing through the recession,
Indian market is still one of the best destinations of investment due to its high progress of
domestic consumption, cheap labour and raw material availability. Sharma (2011) also stated in
their study that in spite of world financial crisis, global business organizations,...