Economic Slowdown

Now that the PRC made aggressive attempts as per all the three strategic designs and India lead by Narendra Modi had so far successfully stood up to the challenge, it is time for the nation to attempt a mid course assessment of the developments for the simple reason that in the context of Corona the country has 'miles to go before we sleep'.

India today stands on the cusp of a potential transformation in the way in which it produces and consumes. Irrespective of the political ideologies people may follow, it is worth to look at the ‘Atmanirbhar Bharat’ movement from an economic perspective.

Indian economy is in much better shape today than what it was in 1991 when a balance of payment crisis loomed largely and there was a chance that India might default on the payment of its external debts.

All the hues and hoopla's of superiority over everyone with whom we share this planet's common resources is gone with a virus in place.

If we want to compare economic condition and job loss due to lockdown and blame the govt., we ought to compare the mortality rate too, which one of the lowest in the world at around 2.83%!

सकारात्मक खबर के बावजूद अभी भी कई चुनौतियां बना हुआ है जैसे-अप्रवासी मजदूर के समुचित खाने की व्यवस्था, बन्द पड़े शिक्षण संस्थान में पढ़ाई शुरू करने की चुनौती, कोरॉना के बाद अर्थवयवस्था के पुनरुद्धार की चुनौती, साथ वैक्सीन बनने की चुनौती, भविष्य में प्रसार रोकते हुए जनजीवन सामान्य बनाने की चुनौतीl

We might need a new parameter, like metric system to define economic development and all the terms associated with it, which can be understood by anyone.

About 20 lakh crores package, the stimulus declared is 10% of our GDP, highest in the history. It is going to touch every individual directly or indirectly.

Prime Minister Narendra Modi has taught us how to convert adversity into opportunity.

India err on the side of extreme fear, ignorant epidemiology and medicine over novel coronavirus and purchased our economic disaster.