|| SHANIWAR SAMWAD || 27-11-2021

 Attending the discussion on the condition of Indian Economics especially after  Pandemic has some interesting facts on it If we see the time frame of 2014 to date the expectation and delivery of different reforms have interesting facts.

Everybody has their own reading but the conclusion is that the state of the economy is in good condition.

The series of reforms taken after the pandemic is very encouraging and in the right direction. 

Interesting points and questions were raised on numerous issues.

Like the government was in denial mode for the condition of the economy before the pandemic.

How much money is to be deployed in global funds or global investment.

Micro and Macro indicators of the economy.

Demonetization success or failure.

The government borrowing and tax buoyancy.

Condition of agriculture as well as small enterprises.

 A few observations we want to share from our side on it, like denial mode and demonization decision, as both are interrelated to each other. We can expect transparency from the government, which is right. But for the government, it is not that much easy to give a clear statement as it will destroy the complete economy or market.

The condition in 2014 was very grim as we were a fragile economy, Depreciation of Rupees and cost of capital was very high, NPA in the system a record high.  

Getting all things in the correct mode was a priority with boosting the confidence in all stakeholders.

Getting non-compliant society and system to change it to compliant as well as transparent system. As of now, society is changing its behavior so the system.

The use of the pandemic was above thinking of all of us. But the success of this was due to the cleaning the system and mindset of citizens.

JAM played a crucial role, emergency due to the pandemic was used to change the laws related to agriculture and industry, which was pending for a long time.

The mindset and language of the government are straightforward now which is giving clear signals and indications and intent of the government to all.

After a long time, corporate profit is increasing, which will increase confidence in them will lead to investment in the future. 

China plus one, the policy of the different government and other benefits like high local demand, demography, conducive environment is leading for the revival of the economy.

There is a difference of opinion but all have one opinion for the state of the economy. 





Location: India

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