Economy slowdown

The primary reason due which planned economies fail is the lack of information regarding market demand.

In times of a struggling economy and raging pandemic, among reforms announced by central govt to boost private investment in the country, the message these types of laws send to the world is quite opposite.

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.

Global dependence will always keep posing problems like this which will shake the very foundation of economics every time such things arise.

The champions of new global order, claim globalization to be a panacea for every ill that our society is facing but they fail to take into consideration the local conditions, the glaring levels of poverty, the extreme form of malnutrition and rigid work cultures that still haunts a significant chunk of the world population.