Pandemic Unlocking 2 :: A New Starting

    Last month we had witnessed phased unlocking across the country.  From partial to the full opening of the market.

As the last unlocking, we had to see a lot of resistance from local citizens. But this time the market and citizens are behaving very responsibly.

The market took nearly 6 months to restart after unlocking in the first phase. but the market is active throughout the locking and unlocking period.

But one thing is common in both, that the series of reforms are continued, much long time pending but vital for normal business life.

For example, the board of directors of Urban Cooperative Bank will be career bankers plus all the banking activity is under RBI, which means the small and mid-sized entrepreneurs will have one more avenue for funding that was not available to them, though it may be for small amount and time.

Yesterday only, shops and distributors will be defined as MSME, again it will be a game-changer for this sector as they are part of the priority sector.

As said above the business activity was carried out in APRIL and MAY, which kept the momentum as it is.

The key economic parameters for the first quarter of FY22 ended in positives.

The market demand from the ruler and urban market is increasing as our vaccination drive.

The turnaround for the economy is there but the next wave has an impact on the mind of everyone.

 The reforms which were carried out in the last unlock down have started showing their results in the ground with this year reforms will be more effective as groundwork had been there.

More hiring in both formal and informal sectors is increasing.

Yes, it is indeed we lost precious lives of our loved ones but the life after the pandemic will be different from our life before the pandemic.