Business needs $ 3 billion to stand firm ...
- Korana sufferers will rise at one point but India does not seem to be able to raise its finances in the next three to four months, despite several doses of relief.
- Up to $ 3 billion in cash will have to be deposited in the next three months to prevent loss of employment and income.
- Demand for another one per cent reduction in lending
- GST rates have also been proposed to reduce by fifty percent by month and by 5 percent for the full fiscal year.
Regardless of when the lockdown will be lifted, the biggest debate goes on about how to make a broken business business happen. There can be many ways to save a broken economic system, but the biggest and most effective solution is to provide hefty economic relief to industry, traders and small shopkeepers. In order to win the trust of the laborers who fled the village due to fear of corona, the money will have to be employed.
The Associated Chambers of Commerce and Industry of India (ASSOCHEM), which is looking into the interests of industries and traders to help industries, trade and small shoppers re-emerge on the economic stage, has said that India's economic system will need $ 3 billion to recover.
Korana's suffering will rise at one point, but despite several doses of relief, India's economy does not seem likely to rise in the next three to four months. Even if this lockdown is still going on, it will be implemented in a phased manner so the industry does not seem to be of any benefit. Everyone involved in the business business is in a hurry to earn, everyone is worried about paying the debt.
The situation in the MSME sector (micro, small and medium enterprises) is likely to be more volatile. The government will have to create a special plan to set up the business side, just as the government plans to fight against Kora. As the corona virus is about to plunge into the global depression, the industry's Associated Chambers of Commerce and Industry of India (ASSOCHEM) has drawn the government's attention towards the proposed Great Depression in India. Hints that stimulus up to a dollar will be needed The project is also given.
Institutions like Assocham have often turned their attention to the government on economic matters. The government is seriously considering their representations. While most countries around the world are announcing about ten percent of GDP stimulus to unleash their terrorism, the Indian colony will have to provide $ 8 billion to $ 8 billion in relief in the next one and a half years. Of this, about $ 3 billion will be invested in cash over the next three months to prevent loss of employment and income.
Funding this money will help businesses and employees meet the challenges they face, a statement issued by Assocham said. Employees and workers need to pay urgent attention to measures to stimulate the economy and increase investment and investment, in order to stimulate the economy through fiscal and taxation measures, so that companies can avoid direct reduction, direct assistance through money and owners.
The government must also ensure that any bills on its own do not remain unpaid for more than fifteen days. So that other trade industries can emulate it. Assocham has also demanded another one per cent reduction in the lending rate.
GST rates will also have to be waived by the government for fifty percent of the month and full remittance for short concessions, debt waiver, interest waiver and stimulus package. The government will have to take a number of steps, such as banking, supply of raw materials, relief of delivery system, relaxation of transport charges, in some basic facilities.
If a business business sees enough money flow then it is easily spread. The government will have to rely on industries and traders for a year to remove government coffers. The business class understands the sudden disaster that the government has to overcome. The government will have to do business planning by integrating business class into every $ 1 billion. Banks have rarely come with the help of the government. Banks who have been defamed by the scandal have also had time to improve their image.
Government and business can win by relying on business elite ...
An even bigger disaster than Corona is causing the bursting economy. A huge sum of Rs 1 billion could make the government bankrupt. The government should meet with businessmen and businessmen and ask them to cooperate in a timely manner. This is a class that is hungry for trust. The problem can be solved easily if the government relies on them and the government shut down the monopolies. The government should get to know everyone's views by meeting with each of the associations and then going for relief.
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