{"id":109207,"date":"2017-10-18T14:58:25","date_gmt":"2017-10-18T09:28:25","guid":{"rendered":"http:\/\/greattelangaana.com\/english\/?p=109207"},"modified":"2017-10-18T14:58:25","modified_gmt":"2017-10-18T09:28:25","slug":"diwali-gifts-reduced","status":"publish","type":"post","link":"https:\/\/greattelangaana.com\/english\/diwali-gifts-reduced\/","title":{"rendered":"Diwali gifts reduced"},"content":{"rendered":"<p style=\"text-align: justify;\">In sync with the low-key festivities due to slowdown concerns and pressure on their balance-sheets, corporate India is going rather lukewarm in Diwali gifts this year to its associates, networked partners, employees and other key personalities, slashing the budget by at least 35-40 percent under this head, an ASSOCHAM survey has noted.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-109208 aligncenter\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/10\/878-198.jpg\" alt=\"Diwali gifts reduced\" width=\"630\" height=\"315\" \/><\/p>\n<p>The reduction in gifts is more for outside connects than employees who are more or less receiving their annual gesture from their employers.<\/p>\n<p style=\"text-align: justify;\">However, there has been certainly a downward impact on the bonus payments with several corporates reeling under debt and cutting costs in their overall operations.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-109209 aligncenter\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/10\/cc37de124819351bae17a8e0a28e6e08-gift-boxes-diwali.jpg\" alt=\"Diwali gifts reduced\" width=\"672\" height=\"504\" \/><\/p>\n<p style=\"text-align: justify;\">Besides, jerks arising out of demonetisation and the roll out issues of the Goods and Services Tax (GST) too have affected the overall sentiment.<\/p>\n<p>\u201cConsequent to a slowdown in the Diwali gift sale, the FMCG companies which generally bet high on festive sales in the business of chocolates, cookies, sweets etc are reporting less than normal sales.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In sync with the low-key festivities due to slowdown concerns and pressure on their balance-sheets, corporate India is going rather lukewarm in Diwali gifts this year to its associates, networked partners, employees and other key personalities, slashing the budget by at least 35-40 percent under this head, an ASSOCHAM survey has noted. The reduction in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":109210,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[55846,41418,55850,49617,55847,11683,1898,55849,55848,208,55844,55845,55851,11090],"class_list":["post-109207","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-stories","tag-assocham-survey","tag-associates","tag-business-of-chocolates","tag-cookies","tag-diwali-gift-sale","tag-diwali-gifts","tag-employees","tag-festive-sales","tag-fmcg-companies","tag-goods-and-services-tax","tag-low-key-festivities","tag-networked-partners","tag-normal-sales","tag-sweets"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2017\/10\/A-tray-of-earthen-diwali-lamps-copy.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/109207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=109207"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/109207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/109210"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=109207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=109207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=109207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}