To foster exponentially indian economy in the right direction we need the collective effort of both govt as well as the private sector. After covid, we had some sort of problems, despite of all that we have been incorporating all the right decisions for our economy, where the world has been facing slow down. India's condition is much better than others
0. economic recovery is fueled by growth inhousehold incomne and hence consumption 1. import surge is due to an increase in domestic demand which shows a positive note. export crunch is due to decrease in external demand which indicates how important Indias rising domestic demand is amid the failure of other economies. 2. another reason why import is increasing is bec companies do not have capacities to cater to rising demand after pandemic. 3. PLIS scheme is working wonders for the manufacturing sector- electronics, telecom, etc right govt incentives & investment from banks is needed. 4. Service sector- govt. doesn't interfere much internally. Govt. support is needed in international agreements to allow free flow of Indians to enter markets of EU, USA, etc. by way of work visas. 5. Agri-need to reduce import of palm oil. develop local production to replace that. export rice, wheat etc after certain point. 6. Fisheries- development by way of PLIS, allow permits further in the seas
ECO SCENARIO The economic scenario of our country india is on the right path and that is a positive sign after a long lasting covid shadow in the world. For the GDP growth , a nation has to focus on three core sectors ie manufacturing, service and the most important the agriculture as the fall in this can break the whole economy like what we have seen in Srilanka recently. As far as the growth of india is concern , we are somewhere in the right position as compare to other developed nations but this is not the place we should have been because our growth rate could be mich higher than what we are having today . The govt' s todays focus is on increasing its revenue to enhance their planned projects but there should be some room for the market too to boost development like by reducing fuel price through tax cuts can encourage factories and transportation which will automatically give boost to economy and GDP growth. India need to work on this way and try to be self reliance in terms of employment, production and services. We need to educate our farmers too to improve the way of farming because this can increase productivity. India is a nation of demographic devidend ( maximum youths) and thus we need to take advantage of this for growth, development and prosperity of the country.
To foster exponentially indian economy in the right direction we need the collective effort of both govt as well as the private sector. After covid, we had some sort of problems, despite of all that we have been incorporating all the right decisions for our economy, where the world has been facing slow down. India's condition is much better than others
0. economic recovery is fueled by growth inhousehold incomne and hence consumption
1. import surge is due to an increase in domestic demand which shows a positive note. export crunch is due to decrease in external demand which indicates how important Indias rising domestic demand is amid the failure of other economies.
2. another reason why import is increasing is bec companies do not have capacities to cater to rising demand after pandemic.
3. PLIS scheme is working wonders for the manufacturing sector- electronics, telecom, etc right govt incentives & investment from banks is needed.
4. Service sector- govt. doesn't interfere much internally. Govt. support is needed in international agreements to allow free flow of Indians to enter markets of EU, USA, etc. by way of work visas.
5. Agri-need to reduce import of palm oil. develop local production to replace that. export rice, wheat etc after certain point.
6. Fisheries- development by way of PLIS, allow permits further in the seas
I Love INDIA AND all INDIANS of Sovereign, Socialist, Secular, Democratic And Republic of India.
Maza aagya
Almighty God bless India and all Indians irrespective of Caste, Colour,Creed,Race,Sex, Region Or Religion.
technically, the govt doesn’t move them…
ECO SCENARIO
The economic scenario of our country india is on the right path and that is a positive sign after a long lasting covid shadow in the world.
For the GDP growth , a nation has to focus on three core sectors ie manufacturing, service and the most important the agriculture as the fall in this can break the whole economy like what we have seen in Srilanka recently.
As far as the growth of india is concern , we are somewhere in the right position as compare to other developed nations but this is not the place we should have been because our growth rate could be mich higher than what we are having today .
The govt' s todays focus is on increasing its revenue to enhance their planned projects but there should be some room for the market too to boost development like by reducing fuel price through tax cuts can encourage factories and transportation which will automatically give boost to economy and GDP growth.
India need to work on this way and try to be self reliance in terms of employment, production and services. We need to educate our farmers too to improve the way of farming because this can increase productivity.
India is a nation of demographic devidend ( maximum youths) and thus we need to take advantage of this for growth, development and prosperity of the country.
Thanks for this show
Absolutely excellent discussion
@sansad tv.. Pls raise the voice and enhance the clarity of guests meeting online
Excellent sir ✨
Productive discussion