Self-sufficient economies

The COVID-19 wave has brutally disrupted businesses, over 82% of businesses have experienced a negative impact pan India.

Economics activities are the backbone of the nation without which a nation cannot grow fast. During this period of pandemic, lockdown shut down all the economic activities . To take economic activities on the right track, government needs to get out of the box and do something which will suffice its purpose.

We as an Indian need to support and promote our own industries and businesses to change the socio economic scenario and create global footprints.

M Modi has had a track record of achieving it in Gujarat. A business-friendly government led by PM Modi combined with a low-corruption regime is the best shot we have got.

परन्तु वर्तमान समय में पुनः स्वदेशीकरण की आवश्यकता क्यों महसूस हुई है? इसका मुख्य कारण विश्वभर में फैली कोरोना वायरस की महामारी जिसने विश्व की सप्लाई चेन की व्यवस्था को बुरी तरह प्रभावित कर दिया।

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.

आत्मनिर्भर भारत मतलब विदेशो की बैसाखी का सहारा छोड स्वयं के पैरो पर खडा भारत, अपनी आत्मा पर निर्भर भारत और भारत की आत्मा उसकी ज्ञान, संस्कृति, सिद्धांत व मूल्य आधारित व्यवस्थायें है, अर्थव्यवस्था जिसका की एक महत्वपूर्ण अंग है।

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

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.

After a tsunami of "Aatamnirbhar" memes I think it's really important to take a deeper look into the subject and see how it is going to play out in the current Global crisis.