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OF BUSINESS ADMINISTRATION By Group 4 NIRANJANA 09/EP 1716 PALLAVI.S 09/EP1717 PARVEEN NISHA 09/EP1718 PAVITHRA.G 09/EP1719 POORNIMA.S 09/EP1720 Under the guidance of Mrs. JAYA Lecturer
DEPARTMENT OF MBA ETHIRAJ COLLEGE FOR WOMEN CHENNA – 108 MARCH – 2010
We hereby declare that the project work titled on GLOBAL STIMULUS EFFORT, submitted by us in partial fulfillment of the requirement for the degree of MASTER OF BUSINESS ADMINISTRATION, ETHIRAJ COLLEGE for Women (Autonomous) Chennai, is my original work and it has not formed the basis for the award of any other Degree.
Data: Place: Chennai GROUP.4
The immense pleasure and joy one derives on the completion of the assigned job is beyond description. It is our duty to pay respects and acknowledge the advice, esteemed guidance and assistance received from all quarters to such an accomplishment. I take immense pleasure to thank Mrs. Jaya for her constant support, valuable guidance and suggestions during the course of project completion. Finally, I thank all staffs of Ethiraj College for Women and department of mba for their everlasting support.
TABLE OF CONTENTS CHAPTER NO LIST OF TABLES LIST OF CHARTS ABSTRACT 1. 2. 3. 4. INTRODUCTION OBJECTIVES REVIEW OF LITERATURE RESEARCH METHODOLOGY NEED OF THE STUDY SCOPE OF THE STUDY RESEARCH DESIGN RESEARCH INSTRUMENT DATA COLLECTION SAMPLING PROCEDURE SAMPLE SIZE 5. DATA ANALYSIS AND INTERPRETATION STATISTICAL TOOL 6. 7. FINDINGS CONCLUSION BIBLIOGRAPHY ANNEXURE LIST OF TABLES TOPIC PAGE NO 5 6 7 9 12 14 16 16 16 17 17 17 18 18 21 41 46 48
Table showing the effect of stimulus packages. Table showing the government engaged in more fiscally austere and pro. Table showing impact of stimulus.14 1. Table showing effect of recession to the companies. Table showing responses on the measures.15 1. Table showing the nature of the businesses. Table showing ages of the respondents.11 1.9 1. Table showing the responses of reaching of stimulus.1.19 1.13 1. Table showing the type of the organizations.5 1.6 1.cyclical policies.16 1. Table showing measures that benefitted the companies. Table showing responses of economic sectors. Table showing the satisfaction for adequate standard of living.8 1.12 1. Table showing the government withdraw stimulus package 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 6 .4 1. Table showing the types of recession stimulus.3 1.10 1. Table showing the responses of economic stimulus.17 1.1 1. Table showing best stimulus for organizations. Table showing responses on tax cuts.18 1.2 1.20 Table showing gender responses.7 1. Table showing the factors of recession impact Table showing the responses for provide of stimulus by the government.
10 1. Chart showing the government withdraw stimulus package PAGE NO 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 7 38 39 40 . Chart showing the satisfaction for adequate standard of living. Chart showing impact of stimulus. Chart showing the responses of reaching of stimulus.15 1. Chart showing the government engaged in more fiscally austere and pro.9 1. Chart showing responses on tax cuts.19 1.16 1. Chart showing the effect of stimulus packages. Chart showing the nature of the businesses.13 1. Chart showing the type of the organizations.8 1.5 1.2 1. Chart showing measures that benefitted the companies.14 1. Chart showing the responses of economic stimulus.4 1. LIST OF CHART Chart showing the types of recession stimulus.cyclical policies.S.3 1. Chart showing responses on the measures.12 1.1 1. Chart showing best stimulus for organizations.11 1.18 1. Chart showing the factors of recession impact.NO 1. Chart showing ages of the respondents.17 1. Chart showing responses of economic sectors. Chart showing the responses for provide of stimulus by the government.7 1. Chart showing effect of recession to the companies.20 TITLE Chart showing gender responses.6 1.
Japan and Korea. The aim of this research project was to study the global economic environment and ascertain whether the steps taken by the Indian government to revive the economy are truly progressive or just an eyewash. Indian government was comparatively very late to come to terms with the global economic meltdown as compared with other huge economies like the United States of America. on going recession. China. South-east Asian countries. The first stimulus was announced on 7th December 2008. Most of these plans are based on the Keynesian theory that deficit spending by governments can replace some of the demand lost during a recession and prevent the waste of economic resources idled by a lack of demand. the second stimulus on 2nd January 2009 and the third stimulus on 24th February 2009. This research project was conducted on the Indian government’s stimulus packages given to boost the economy of our country. These nations have used different combinations of government spending and tax cuts to boost their sagging economies.ABSTRACT Many nations of the world have enacted fiscal stimulus plans in response to the global. This move to wait and watch and then infuse liquidity into the economy has been largely disastrous for the UPA coalition government. the European Union. 8 . the Russian Federation.
CHAPTER 1 9 .
Because of this. spanning several nations. for the purpose of sustaining the global economic development. The International Monetary Fund has called for fiscal stimulus in as many countries as possible.INTRODUCTION Stimulus effort actually mean the effort taken to provide impetus for the economic developmental activities of a Nation. There are various ways in which a fiscal stimulus can be administered but there is no solution that can fit all situations. It ranges from interest rate reduction. the government launches a spending program to boost the aggregate demand and stimulate spending and economic activity. including emerging market and advanced economies. As a result. This results in the fall of Aggregate Demand. It also provides a framework for assessing the effects of fiscal actions needed to help counter the contractionary pressures which may build in the world economy. lowering the Cash Reserve Ratio to tax reduction or subsidy. businesses are discouraged from expanding and going out on new ventures and the investments in the above equation goes down as well. This may be explained in the following way. And when the same is planned in a broader plane. However it is a vicious circle. Global fiscal stimulus is essential now to support aggregate demand and restore economic growth. When that happens. In order to stem the fall in aggregate demand. But not all countries are in a position to implement such plans. Some countries have financing constraints—either high borrowing costs or difficulties in financing deficits at any cost—while others are constrained by high levels of debt. 10 . The number of times you go to a restaurant reduces and so does the number to the grocery store visits. Worldwide expansionary fiscal policy combined with accommodative monetary policy can have significant multiplier effects on the world economy. then it sums up the definition of Global Stimulus Effort. they lay off their employees and those employees further reduce spending. This is known as a Fiscal Stimulus. the income of the grocery store and restaurant goes down too. across the globe.
There is certainly no single remedy for developing the world economy.1 that the government spends). What this basically means is for the effect (in dollar terms) of the economy with every rupee that the government spends. Tax Cuts: By cutting taxes. 11 . This increases Consumption in the above equation.50 for every Rs. There are currently debates on what the multiplier truly is right now and whether it even exists. 2. the government allows people to keep more in their pockets and ultimately spend more. the economy grows by Rs. social welfare or other such things increases the Government Spending in the above equation and helps boost the GDP. Government Spending: Direct government spending in infrastructure. Hopefully. this is more than 1 (ie.1.The two main ways of providing fiscal stimulus are: 1. you will sometimes hear people talk about the multiplier effect. When there’s talk about fiscal stimulus.
CHAPTER 2 12 .
OBJECTIVE OF THE STUDY Primary objectives: To study the awareness that people posses about global stimulus. 13 . Secondary objectives: To know the various stimulus provided by the government. To study the impact of recession on the economy. To identify the reach of stimulus to the public. Various factors of recession. To identify the effectiveness of the stimulus provided by the government.
CHAPTER 3 14 .
Assocham said. The chamber said the fiscal incentives.REVIEW OF LITERATURE From a research conducted by Industry body of Assocham has inferred that the stimulus measures has helped industry in creating 19% more jobs during October-January 2008-2009 over the same period last year. "The strong pickup in domestic industrial production and improving export orders have led to acceleration in the job creation process.8% in December. which also increased the export and import activities in India and created jobs in manufacturing and merchandising sectors. The other sectors that have created jobs include insurance. which is a 16-year high. it added. engineering goods. HR and textile sectors recorded marginal decline in job creation during the period. Industrial production registered a growth of 16. However. like cut in excise duty and service tax. banking. computer hardware. The automobile sector registered 24% growth in job creation during October-January 2009-10 over the same period of last year. it said adding hospitality segment recorded 19% growth in employment generation. it said. announced by the government has helped several sectors to register profits and create jobs. FMCG. The stimulus provided by the other countries boosted the international trade. 15 ." it said. sectors like agriculture. telecom and retail.
CHAPTER 4 RESEARCH METHODOLOGY 16 .
Research design A descriptive study is undertaken in order to ascertain and be able to describe the characteristics of the variables of interest in a situation. The various efforts taken by the government to overcome the recession period is also studied. According to Clifford research comprises defining and redefining problem formulating hypothesis or suggested solutions. 17 . collecting organizing and evaluating data. making deductions and researching conclusion and at last carefully testing the conclusions to determine whether they fit the formulating hypothesis Need for the study It is essential to know the impact of recession on the economy to predict the growth of the economy. The stimulus efforts taken by the government is also considered for the economic growth. thus its is necessary to conduct this study on global stimulus efforts. This research also elaborates on various effective means or ways of providing stimulus to various sectors. Scope of the study This study has a wide scope in knowing the level of awareness of the people on stimulus and recession. This study is important to know the level of awareness that people of the society posses on global stimulus.Research Research is an academic activity and as such the term should be used in a technical sense.
customers. magazines and websites. Structured questionnaire in which there are definite. Data collection Two types of data were collected for this project 1. government officials. Primary data 2. Secondary data. Primary data Primary data were collected through questionnaire and direct personal interview. 18 . employees. The questionnaire was framed as such a manner to obtain correct information.Descriptive studies are under taken in society to learn about and describe the characteristics of a group of people as for example. All questionnaires were distributed to the respondents and collected immediately form the respondents. Research instrument The Research instrument used in this study is a structured questionnaire. general awareness about SIBC etc. education level. The questions are presented with exactly the same order to the rural people. graded suitably for the study. Descriptive studies are also undertaken to understand the CSR activity of organization that follow certain common practices. concrete and predetermined questionnaire relating to the aspect for which the researcher collects data. Secondary data The secondary data are collected from available published records like newspapers. the age.
Statistical tools Chi. It is non-probability sampling. Respondents were from various sectors.Square Test Analysis: 19 . Sample size Due to time and resources constraints the sample size is taken as 30.Sampling procedure Convenience sampling has been used in this study. thus research study may include study objects which are conveniently located. It refers to the selection a sample of subjects on convenience. Convenience sampling is used for the selection of homogeneous sample for the study. Period of study This study was done for a period of THREE months during the regular course of the mba program.
The chi-square tests a fairly simple and definitely the most popular of all the other tool. Ei = Expected Frequency. or arbitrary.The square of a standard normal variate is known as Chi-Square variate with 1 degree of freedom. χ2 = ∑ (O i − Ei ) 2 Ei Where. The quality chi-square describes the magnitude of discrepancy between theory and observation. Weighted average = ∑ WiDi ∑ Wi 20 . Different weights are assigned to different and calculation is made. the chi-square test is most widely used non-parametric tests in statistics. The weights assigned may be actual. Oi = Observed frequency. It makes no assumption about being sampled. Weighted Average method Weighted average is used when the relative importance of the items is not the same.
CHAPTER 5 21 .
1 22 .NO OPTIONS 1 MALE 2 FEMALE TOTAL RESPONSES PERCENTAGE 26 87% 4 13% 30 CHART: 1.1 S.DATA ANALYSIS AND INTERPRETATION GENERAL QUESTIONS: TABLE: 1.
2 23 .TYPE OF THE ORGANIZATIONS TABLE: 1.2 S.NO OPTIONS RESPONSES PERCENTAGE 1 DOMESTIC 27 90% 2 MNC 2 7% 3 INDIAN MNC 1 3% TOTAL 30 CHART: 1.
66% 6. 7.33% 6. 3. 5.66% 40% CHART: 1.NATURE OF BUSINESS: TABLE: 1. 4.3 S.66% 6.66% 10% 6. 6.NO 1.3 24 . 2. Total Options Manufacturing sector Agriculture sector Real estates Service sector IT sector Business Textile sector Others No: of Responses 3 4 2 2 3 2 2 12 30 % 10% 13. 8.
4 S. Total Options Less than 35 35 – 45 46 – 55 More than 56 No: of Responses 5 11 10 4 30 % 16.66% 36. 3. 4.NO 1.AGE OF THE RESPONDENTS: TABLE 1. 2.66% 33.33% 13.4 25 .33% CHART: 1.
SECTION 1 1.5 S. Did recession affect your business or company? TABLE: 1.5 Interpretation: 76 % of the respondents are affected by the recession. 26 .NO 1 2 TOTAL OPTIONS YES NO RESPONSE 23 7 30 PERCENTAGE 76% 24% 100 CHART: 1.
How the recessions affect your business or company? TABLE: 1.6 S.2.6 RESPONSE 7 8 8 10 4 2 6 PERCENTAGE 26% 30% 30% 37% 11% 4% 22% 27 .NO 1 2 3 4 5 6 7 OPTIONS Consumer spending might go down Competition could get fierce Your expenses will go up Your business will become unpredictable Interest rates might come down You could get a chance to invest outside your business Your employees could demand higher salaries CHART:1.
7 S.Interpretation: 37 % of the respondents feel that recession is affected in their business will become unpredictable and 30% in competition could get fierce and their expenses will go up 3..NO 1 2 TOTAL OPTIONS Yes No RESPONSE 12 18 30 PERCENTAGE 40% 60% 100 CHART: 1. 28 .7 Interpretation: 60% of the respondents say that they didn’t get any stimulus by the government. Did government provide any recession stimulus to your company or business? TABLE: 1.
If yes what types of recession stimulus government offered to your company or business? TABLE:1. 29 .8 Interpretation: In table no 1.NO 1 2 3 4 5 6 TOTAL OPTIONS Tax cutting Government spending Additional funds General provisions Reduce interest Other RESPONSE 5 3 3 5 4 1 20 PERCENTAGE 38% 23% 23% 31% 31% 8% CHART: 1. In our view point 38% of the stimulus is given in tax cutting and 31% of the stimulus is given in general provisions and reduce interest.4.8 S.17 says that 40% of the respondents get the stimulus from the government.
30 .9 PERCENTAGE 41% 7% 34% 7% 7% 3% Interpretation: 41% of the respondents feel that the best stimulus is tax cutting and 34% of the respondents feel that the best stimulus would be additional funds.5. In these recession stimulus which do you think is best stimulus for every organisation? TABLE: 1.NO 1 2 3 4 5 6 TOTAL OPTIONS Tax cutting Government spending Additional funds General provisions Reduce interest Other RESPONSE 12 3 10 2 2 1 30 CHART: 1.9 S.
Did these stimulus provided by the government reach to your company or business? TABLE: 1.10 Interpretation: 57 % of the respondents didn’t receive any stimulus from the government and 13% of the respondents don’t have any aware of the stimulus package. 7. Have economic stimulus packages been adopted in order to promote an adequate standard of living for all? 31 .10 S.NO 1 2 TOTAL OPTIONS Yes No RESPONSE 13 17 30 PERCENTAGE 43% 57% CHART: 1.6.
32 .11 Interpretation: 37 % of the respondents feel that the stimulus packages have promoted an adequate standard of living for all. Has your government engaged in more fiscally austere and pro.11 S>NO 1 2 3 TOTAL OPTIONS Yes No No comments RESPONSE 11 9 10 30 PERCENTAGE 37% 30% 33% TABLE: 1.cyclical such as cutting spending on social services? policies.TABLE: 1. 8.
TABLE: 1.cyclical policies.12 S.NO 1 2 3 OPTIONS Yes No Not aware TOTAL RESPONSE S 11 3 16 30 PERCENTAGE 36% 11% 54% CHART: 1. 33 .12 INTERPRETATION: 54% of the respondents are not aware of that government engaged in more fiscally austere and pro.
increases of the minimum wage. investments in infrastructure. Thus the economic stimulus efforts of the government has not made any increase in investments or wage or expanded cash transfers. What sorts of economic stimulus interventions has your government made? (For instance. has your government instituted or expanded cash transfers to the poor.9. increased investments etc.13 INTERPRETATION: 45 % of the respondents feel that government has not expanded cash transfers to the poor.13 S. or tax cuts?) TABLE: 1.NO OPTIONS Yes 1 No 2 No 3 Comments TOTAL RESPONSES PERCENTAGE 7 24% 13 45% 10 31% 30 CHART: 1. 34 .
If tax cuts made up part of the stimulus.14 INTERPRETATION: Here. what percentage of the total intervention was it? TABLE: 1.50% above 50% TOTAL RESPONSES PERCENTAGE 22 71% 8 29% 0 0% 0 0% 30 CHART: 1.30% 30% . 35 .14 S. 71% of the respondents state tax cuts made up part of the stimulus is only below 10% .10.NO 1 2 3 4 OPTONS Below 10 % 10% .
If there is any social actors and which economic sectors have benefitted most by these stimulus packages? TABLE: 1. 38% of the respondents are not aware of the benefits the sectors gain through stimulus packages.15 S.NO OPTIONS 1 Yes 2 No 3 No Comments TOTAL RESPONSES PERCENTAGE 10 34% 9 28% 11 38% 30 CHART: 1. 36 .15 INTERPRETATION : Though 34% of the respondents feel there are economic sectors which were benefitted by stimulus packages.11.
16 INTERPRETATION: 45% of the respondents agreed that there are gendered impacts of stimulus and other 45% didn’t agree with it. for example of investing in certain sectors of the economy? TABLE: 1.16 S.NO OPTIONS 1 Yes 2 No 3 No Comments TOTAL RESPONSES PERCENTAGE 14 45% 13 45% 3 10% 30 CHART: 1.12. If there is any gendered impacts of the economic stimulus. 37 .
Were any measures taken which directly address the needs of the newly unemployed.13. 38 .17 S.NO. or provide support for single heads of households and caregivers? TABLE:1.17 INTERPRETATION: 48% of the respondents have stated that there were no measures taken to address the needs of the unemployed and single heads of family. 1 2 3 4 5 OPTIONS Yes No No Comments If Yes. mention here Other TOTAL RESPONSES PERCENTAGES 4 14% 14 48% 12 38% 0 0% 0 0% 30 CHART: 1.
39 .NO OPTIONS RESPONSES PERCENTAGE 14 45% 1 Yes No 12 41% 2 4 14% 3 No Comments TOTAL 30 CHART: 1.14.18 S.18 INTERPRETATION: 45% of the respondents have stated that government has taken anticorruption measures and ensured that stimulus reaches the intended beneficiaries. Is your government ensuring anti-corruption and other types of measures in the programs to guarantee that they are reaching all the intended beneficiaries? TABLE: 1.
15. 16.NO OPTIONS 1 Strengthened 2 Weakened TOTAL RESPONSES PERCENTAGE 20 69% 10 31% 30 CHART: 1.19 S. In which ways have these stimulus packages in your estimate is? TABLE: 1.19 INTERPRETATION: 69% of the respondents feel that stimulus packages have strengthened the economy. When should the government withdraw stimulus package? 40 .
20 S. 2. OPTIONS Strongly agree agree disagree Strongly disagree TOTAL RESPONSES 0 3 10 17 30 % 0% 10% 33% 57% CHART: 1. STATISTICAL TOOLS: 41 .NO 1.20 INTERPRETATION : Here 57% of the respondents have strongly disagreed that stimulus package should not be withdrawn this year. 4.TABLE: 1. 3.
The Ho is accepted.033 .384 INTREPRETATION: For.033 . *NULL HYHPOTHESIS: Provision of stimulus has not reached the people. 42 . stimulus is not effective to the recession. Hence. 1.132 = .CHI SQUARE: *NULL HYHPOTHESIS: Provision of stimulus has not had any positive impact in helping the industrial sectors overcome the problem of recession.05+ 3. the calculated value of X2 is lesser than the table value.033 .033 . “O” – observed frequencies “E” – expected frequencies Particulars Recession affected Recession not affected Stimulus provided 10 3 13 O 11 2 12 5 E 13 3 13 4 Stimulus not provided 13 4 17 O-E 1 -1 -1 -1 (O-E)2 1 1 1 1 X2 = 23 7 30 (O-E)2/E . 2.I .132 V= (R-1)(C-1) = (2-1)(2-1) = 1 V= 1 x2 0.
533 .384 INTREPRETATION: For. the calculated value of X2 is lesser than the table value.“O” – observed frequencies “E” – expected frequencies Particulars Stimulus provided Stimulus not provided Stimulus reached 10 3 13 O 10 3 3 14 E 6 7 7 10 Stimulus not reached 3 14 17 O-E 4 -4 -4 4 (O-E)2 16 16 16 16 X2 = 13 17 30 (O-E)2/E . Hence.533 . The Ho is accepted.533 2.132 V= (R-1)(C-1) = (2-1)(2-1) = 1 V= 1 x2 0.533 . stimulus is not reached the people.05+ 3.132 = 2. 43 .
532 O 11 10 2 7 = .133 0. II.3.384 INTREPRETATION: For. The Ho is accepted. WEIGHTED AVERAGE METHOD: 44 . provided stimulus is not strength to people. *NULL HYHPOTHESIS: Let us take the hypothesis that provided stimulus is not of strength to the society.133 0.133 0. the calculated value of X2 is lesser than the table value. Hence.132 V= (R-1)(C-1) = (2-1)(2-1) = 1 V= 1 x2 0.133 0. “O” – observed frequencies “E” – expected frequencies Particulars Strength weakness Stimulus provided 11 10 21 E 9 12 4 5 Stimulus not provided 2 7 9 O-E 2 2 2 2 (O-E)2 4 4 4 4 X2 = 13 17 30 (O-E)2/E 0.05+ 3.
OPTIONS Strongly agree agree disagree Strongly disagree TOTAL RESPONSES 0 3 10 17 30 PARTICULARS FACTOR TOTAL 1 0*4 0 2 3*3 9 3 10*2 20 4 17*1 17 = 46/30 = 1. 45 . 3. So. 4. 2.NO 1. The government should not take the stimulus package now.533 INTREPRETATION: MOST of the respondents disagree.S.
CHAPTER 6 46 .
The impact of recession was tough completion and unpredictable business. Large population feels that government should not withdraw the stimulus now or in the near future. 47 .FINDINGS Most of the organizations were affected by recession. The stimulus provided was not of great strength to the people. From the responses it was inferred that majority of the population feels that government provided very limited stimulus to various sectors. It is inferred that stimulus provided by the government did not reach the people. Large population feels that tax cutting and additional funds from the government would be beneficial. Stimulus of tax cuts were below 10%.
CHAPTER 7 48 .
This scenario depends on a resumption of global growth early in the next fiscal year. They need to realize that in the current global crisis when international demand is shrinking. New consumer demands and expectations coupled with new techniques in the market will add a new dimension. non-tariff barriers will be adopted. it is only the domestic demand that can keep the business going. 49 . The business environment of the future will be intensely competitive. E-commerce will unleash new possibilities. Countries will want their own interests to be safeguarded.CONCLUSION India’s growth is based essentially on investing its own savings. delays. This will demand a new mindset to eliminate wastes. It is important that the industry and other sectors of economy respond to government initiatives in full measure and pass on the benefit of price cuts to the consumers. and so is relatively insulated from global finance and fashions. and avoidable transaction costs. Thus the efforts of global stimulus should reach the people in time and effectively lead to betterment of the country. Effective entrepreneur-friendly institutional support will need to be extended by the Government. As tariffs tumble. business and umbrella organizations.
htm http://www.com/banking/81214.com/2008/12/government-unveils-stimulus-package-to-boost-economy/ http://www.BIBLIOGRAPHY Books: Research methodology. Kothari web links: http://www.com/fline/stories/20090102252605400.banknetindia.htm http://www.hinduonnet.htm ANNEXURE Questionnaire about Global Stimulus Efforts of Government 50 .indiatogether.org/2008/dec/dsh-stimulus.southdreamz.
Six Sigma etc. 2010: Domestic / Indian MNC / MNC Total revenue in previous quarter (optional) Average age of your organization Gender Ratio Certifications received by your organization (ISO. SEI CMM.Section 1: GENERAL INFORMATION Name of the Organization Name of the person filling this questionnaire Position held by the person filling this questionnaire Age of the person filling this questionnaire Nature of Business Total Workforce strength as of Feb.) Registered Office at: Presence in other locations in India: 51 .
Section – 2 1. b) Competition Could Get Fierce. e) Interest Rates Might Come Down. Did recession affect your business or company? a) Yes b) No 2. h) Your Employees Could Demand Higher Salaries. 3. How the recessions affect your business or company? a) Consumer Spending Might Go Down. Did government provide any recession stimulus to your company or business? A) Yes b) No 4. f) You Could Get A Chance To Invest Outside Your Business. c) Your Expenses Will Go Up. If yes what types of recession stimulus government offered to your company or business? a) Tax cutting b) Government spending c) Additional funds 52 . d) Your Business Will Become Unpredictable.
Did these stimulus provided by the government reach to your company or business? a) Yes b) No 7. In these recession stimulus which do you think is best stimulus for every organisation? a) Tax cutting b) Government spending c) Additional funds d) General provisions e) Reduce interest f) Other (mention below) Other: 6.d) General provisions e) Reduce interest f) Other ( mention below) Other: 5. Have economic stimulus packages been adopted in order to promote an adequate standard of living for all? a) Yes b) No c) No Comments 53 .
30% c) 30% .50% d) above 50% 10.8. for example of investing in certain sectors of the economy? a) Yes b) No c) No Comments 11.cyclical such as cutting spending on social services? a) Yes b) No c) Not aware policies. Was there any gendered impacts of the economic stimulus. what percentage of the total intervention was it? a) below 10 % b) 10% . If tax cuts made up part of the stimulus. Is your government ensuring anti-corruption and other types of measures in the programs to guarantee that they are reaching all the intended beneficiaries? a) Yes b) No c) No Comments 54 . or provide support for single heads of households and caregivers? a) Yes If Yes mention here: b) No c) No Comments 12. Were any measures taken to directly address the needs of the newly unemployed. Has your government engaged in more fiscally austere and pro. 9.
AGREE 3. 55 . Do you think our nation will benefit fully from stimulus package? Comment on it. DISAGREE 4. STRONGLY AGREE 2. What does the stimulus plan mean for social security disability? 16. When should the government withdraw stimulus package? 1. STRONGLY DISAGREE 15. In which ways have these stimulus packages in your estimate is? a) Strengthened b) weakened 14.13.