Friday, May 8, 2020

How mindset of People will be inclined in favour of Indian economy after the corona Mayhem?

How mindset of People will be inclined in favour of Indian economy after the corona
Mayhem?
Resuming effectively and safely is going to be perception everywhere for few years to come.
As we all know that the major supplies be it raw material, production goods or other supplies
came from China before the pandemic, but trust in this situation is dicey affair. Many developed
and developing countries will still take minimum year’s time to bring everything to normal.
When others would be just thinking, the massive human force of India will change the situation
and incline in favour of Indian economy. After the greys of pandemic will end, the evolved
India will rise due to these following reasons.
1) Getting on with flow of supply chain: - The biggest asset that Indians have right
now is human resources and effective pricing strategy. By maintaining social
distance the people of India still can cater the supplies of global chain. Some of the
future shining sectors like Research and development, FMCG, I.T and retail.
2) More reliant country for essential services: - Be it on the making of low cost
compatible ventilators to supplying the all essential drug to fight corona, India is
making it all. Major innovation and successful stories are being created by our
health care systems. Compared to the developed countries also, the mortality rates
in India are lowers even the dangerous spread of viruses. The friendly approach and
political relations with other countries is also yet major reason to rely on India.
3) In surge to making economy stronger: - Many economists do have the mindset
that buying things from India will make our economy stronger. In the coming years
more and more people will be in favour of purchasing Indian goods rather than
hunting of any imported goods.
4) Production of raw materials: - Tier II and Tier III cities have lesser property rates
thus it could be good opportunity for the start ups or small scale industry to perform
their best. To give the boost to economy, even the government will be focussing on
improving infrastructure.
India surely for various reasons is going to be focus for years to come due to its
tremendous capabilities.

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