|| SHANIWAR SAMWAD || 5-3-2022

 So, President Putin obliged President  Joe Biden by the strike on Ukraine. There is hectic geopolitical activity is going on around the world.

What is going to happen is still not clear, the world order is going to change after this.

There are many things going to change for us as well, right now we are an importer of many items which will be the focus for future.

Right now,  we know that we are totally dependent on oil for our energy security. After the pandemic, we saw there is consensus for diversification of supply.

Now, other items which we are importing in huge quantity or dependent on import is going to see diversification or indigenous manufacturing or another way around.

We are totally import-dependent on edible oil, semiconductor, etc which is creating headline inflation & other issues for now. Either we have not worked on it or will work on it.

Our children are going to study medicine in the Ukraine which is a low-cost medical education hub, the number of students preferring the country is amazing which was taking our best resources away from us.

There is going to be a discussion as the cost of our education is high in comparison to other countries.

The quality of education from these countries is questionable as they are not recognized by our country.

The war is not going to derail our recovery as shown by figures from authority. There will be bit of disruption due to the high crude price.

The restriction which was imposed due to the third wave of the pandemic is withdrawn and all business activity is going to open as usual.

There is going to be a belief that there will be no lockdown as more than 75%  eligible population is fully vaccinated and the pace for remaining jabs is not slow.

The policy decision for boosting of the economy is now routine work without waiting for a session of parliament.

The best strategy is offensive than defense which is followed by all of us after three lockdowns which disturbed  our lives most.

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