Our Indian Economy,
Our hands to Pottery the Loosening Clay!!!
With Lockdown increasing every minute, with Jumping cases of COVID 19 epidemic, the economy is gonna fall steep curve in Near future. Many analyst such as Moody’s Investor Service (Moody’s) has slashed its economic growth forecast for India to 2.5 per cent for calendar year 2020. India is on the Door step of Biggest recession than 2008.
Than my Dear Indians, Is there anything we can Do to make our Economy sustain Financial crisis which is as deadly as Corona.
The 3 Steps of Understanding to make Economy Bounce Back:
1. Knowledge related to Government Norms & RBI Policies.
2. Cash Flow within Country & across Nation Boundary.
3. How you alone can make a Difference.
Essential point is from today, What so ever You Do, Remember:
"KEEP AS MUCH AS CASH FLOW ONLY WITHIN OUR COUNTRY,
THE MORE THE MONEY GOES OUT OF BORDERS, WE ARE BUILDING THEIR ECONOMY BY OUR HANDS."
Those having Mindset, that Government is Only responsible to make our Economy strong, to provide us employment, Kindly stop reading ahead.
"GOVERNMENT IS ONLY AUTHORIZED ADMINISTRATION,
WE PEOPLE ARE THE COAL TO RUN THE ECONOMY"
Rather than just reading Headlines, such as
RBI is Liquidating Indian Banks & National Financial Institutions,
Reducing REPO RATE & REVERSE REPO RATE,
Reducing Liquidity Capital Ratio of Bank.
Understand what all this meant,
RBI is Liquidating Indian Banks & National Financial Institutions,
Reducing REPO RATE & REVERSE REPO RATE,
Reducing Liquidity Capital Ratio of Bank.
Understand what all this meant,
YOU SHOULD BE PLAYER IN THIS WAR, RATHER THAN AUDIENCE.
RBI has played very important role by Liquiditing Money in Bank & reducing Repo rate, But this money is only for those who are now in a Business or can be a small startup in coming days. The biggest aim of this liquidity is to provide funds to People starting new Business/ New Ventures/ Upgradation of Current Business indirectly creating employment & giving money in People Hands.
If this money just lie in Banks & Government uses this money only to pay due loans, then the Money gets Nullify & GDP growth will fall much more.
If this money just lie in Banks & Government uses this money only to pay due loans, then the Money gets Nullify & GDP growth will fall much more.
"MONEY SHOULDN'T BE NULLIFY, BUT BE MULTIPLIED"
1. So at Everyone's end, Think how you can employee atleast 1 person at your End. Start something small startups with a Vision Not to Have Profit, But To Give Employment. If You are Reason for Some one's Bread N Butter, Happiness is worth, Money can ever purchase.
"IDEAS ARE JUST AROUND YOU, YOU NEEDED TO GIVE THEM WINGS TO FLY!"
2. Don't Rely on Your Job. Its Hard when the Scenerio changes & Makes Life Up Side Down. You are the best employee of Yourself if you use your Skills the most. Start having multiple Choices still you are at home. Else you may end with Worries n Hush.
3. Understanding Cash Flow within country is very Important. Today still you are at home, see all products you are using, of which manufacturer it is, Who owns the company?, How much Stake thus Indian countries have in it & how much does other countries have capitalised share in it. (Today Abundant time is with You, Small Research is Worth).
I don't wanna take any company names, But Consider XXX is a product & it is Owned by ABC Limited. Now if this ABC limited is owned by any foreign country, consider 60% of its Stake Holding. So for every 100rs purchase of any product, directly 60 rs you are giving to foreign nation. And in our daily usage, a lot of products are directly generating revenue to Foreign nation & the sad thing is we don't know also.
Take a Oath, atleast for next 6 Months, I will take products which can generate a high revenue to our country rather than other countries, even though quality of our product might be low, But if you save money within our country, it will indirectly come to you only.
Indian products ranges from Hotels, Luxury to your Daily usage needs. More you use our Deshi things, the spine of our Economy will stood with faster pace.
This are very basic things which every middle class families can do a little to take country out from this financial crises.
I again Summoned You Friends,
In My next Blog, I Will share through Share Market how we can raise our Economy, & What can Deteriote It.
I Am still a Amateur in this Financial World, Help me with your reviews for the same.
3. Understanding Cash Flow within country is very Important. Today still you are at home, see all products you are using, of which manufacturer it is, Who owns the company?, How much Stake thus Indian countries have in it & how much does other countries have capitalised share in it. (Today Abundant time is with You, Small Research is Worth).
I don't wanna take any company names, But Consider XXX is a product & it is Owned by ABC Limited. Now if this ABC limited is owned by any foreign country, consider 60% of its Stake Holding. So for every 100rs purchase of any product, directly 60 rs you are giving to foreign nation. And in our daily usage, a lot of products are directly generating revenue to Foreign nation & the sad thing is we don't know also.
Take a Oath, atleast for next 6 Months, I will take products which can generate a high revenue to our country rather than other countries, even though quality of our product might be low, But if you save money within our country, it will indirectly come to you only.
Indian products ranges from Hotels, Luxury to your Daily usage needs. More you use our Deshi things, the spine of our Economy will stood with faster pace.
This are very basic things which every middle class families can do a little to take country out from this financial crises.
I again Summoned You Friends,
This Fight can't alone be faught by Government,
At our end we have to brace our buckles to do a little in this war,
The Fight is Very Tough & Long lasting!!
I Am still a Amateur in this Financial World, Help me with your reviews for the same.
From: IAmJustU....Stood Among Many!!
