Bangalore:Recession is a general slow down in economic activity. During recession, when the bankruptcies and the unemployment rate increases, there is an immense downfall in employment, business profit, production, investment spending, inflation etc. Recession usually occur when there is a rampant fall in spending, often following an unfavorable supply shock. It has a very high impact on the workers who are low-skilled, less educated and young ones because at that time they are the first people who are susceptible for unemployment. Many companies often except employment discrimination claims to rise during the recession. There is a huge impact by recession on the living standards of the people who depend on wages and salaries to run their families, than those who rely on fixed salaries or welfare benefits. In the 2008 recession, India was one of the hottest destinations for higher economic growth. But later it became one of the luckiest countries that had a smart recovery after the global economic crisis. However, the continued global economic stress in 2011 has not left India. But by this, Indian economy may sustain because it depends less on exports.