|| SHANIWAR SAMWAD || 13-05-2023

 New financial year started with big bang, all major indicators reaching or crossing its high.. The impact of all these is adding wealth of country.

These figures are nothing but making world to acknowledge our progress. The continuity of reforms and new editions of reforms are adding the impact.

The social impact of these is huge. The mindset of nation is changing with local government slowly and steadily aligning itself with center so the city and rural  authority.

 Work in progress, that world is recognizing except the rating agencies.

It is strange that when they advice their client for investment or on any other issues they give their feedback with highest recommendation, means best place to do business is INDIA.

All major rating agencies from globe has stuck to their old rating ignoring the work done by us in last one decade.

The major advantage we have is stable and listening government, other micro and macro indicators are stable or in positive territories for long time as well as showing positive trends.

It is usual for us.

The semiconductor and hardware PLI is work in progress as later one is getting amended for betterment.

The eco system for both is critical as our dependence on import and also to get global market.

As our capability for software is well known but not in hardware. If we want to be major player in supply chain, we must have complete eco system for same.

We have completed  free trade agreement with UAE and Australia which is giving us the market which was not opened to us earlier but now we are capturing these market, also doing trade in local currencies which is going to create more value for us.

The new normal, is going to create wealth in short as well as long term.

 


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