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Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Thursday, January 16, 2020

Economy, commerce and trade rule


Let us settle down to the fact that the majority of the world is dominated by, and majority of people too prioritize commerce, trade, economy, finance using whatever enables or enhances attaining these things more effectively, easily and swiftly- namely technology ( predominantly internet enabled), adjusting to the constraints or maneuvering though geopolitical changes. ​​
This does not mean they do not care about their culture or religion ( they don't have the leisure and luxury of prioritizing them or getting obsessed about them).
Presently wealth in life is primarily about leading a life of happiness, comfort, ease, peace and prosperity .
After that or simultaneously trying to learn or to seek the purpose of and meaning of life and then try to seek if there are things beyond and besides mortal life.



Wednesday, December 25, 2019

Indian Economy's unique growth possibilities


                     20 points to GRASP and where ‘U’ is obvious

Ground Reality Of Undeniable  Performances of India
Revenue Emerges Vastly Everywhere Nicely Using and Employing resources of nature and human  beings
ACE of undeniable facts Approximate Conservative Estimates
SOP of leaders Sincerely Offer Policy framework of
Proper plans, policies, processes, procedures towards progress.

1.     Undeniably India has a population of 130 plus crores

2.     Undeniably all of them eat and drink something at least 3 times a day which means feeding 500 crore mouths. Fabulous Food Business.

3.     Undeniably all of them wear something to cover their physical frame each having at least a pair of dress which means a market of 260 crore plus  dresses. Gigantic Garment Business.

4.     Undeniably all of them stay somewhere at least in a thatched hut which means 130 crore plus dwelling units. Huge Housing/Construction Business.

5.     Undeniably at least 75% of them wear some footwear which means 100 plus crore footwear. Formidable Footwear Business.

6.     Undeniably at least 80% of them move around through some mode of transport from bicycle to planes which means transport facility for 100 crore plus people. Massive Mobility Business.

7.     Undeniably at least 30% are actively employed and almost 80% are working or doing some business which means multitude of activities by and for 100 crore plus people. Enormous Employment Business.

8.     Undeniably at least 30% populations is undergoing some literacy, education, skill development etc which put together is an industry for 40 crore plus people.
Excellent Education Business.

9.     Undeniably at least some 60 % of the population undergoes some medical treatment or takes some medicines. It is again a 70 plus crore consumer. Humungous Health care Business.


10.  Undeniably at least 25% are engaged in some sports which means 40 plus crore people involved sports. Substantial  Sports Business.


11.  Undeniably at least 25 % are actively involved in some entertainment activity or media business  and at least another 75% watching or consuming or paying for these entertainments which means overall 130 crore plus involved in or with  entertainment and media. Mighty Media and Entertainment Business.

12.  Undeniably at least 75% of the population has Insurance and bank accounts so 100 crore plus financial services industry. Far reaching Financial services Business.

13.  Undeniably at least 50% of the population uses some furniture and interiors. So, furniture and interior industry supplying to 65 crore people. Incredible Interior and Fantastic Furniture Business.

14.  Undeniably at least 70% of the population uses some electronic device so it is business of consumption involving 100 crore plus. Extensive Electronic Business.

15.  Undeniably at least 60% of the population cooks something, refrigerates some items. So, it is a 75 crore consumers of gas, stoves and kitchen utensils. Huge Home needs Business.

16.  Undeniably at least 60% of the population takes some pilgrimage, visits places of worship of various religions. So, that is another industry involving services for 80 crore people. Rewarding Religious Business.

17.  Undeniably at least 30% of the population goes on tours and travels either within the country or overseas so that is another industry requiring services for 40 plus crore travelers. Tremendous Tourism Business.

18.  Undeniably at least 80% of the population uses some sanitation products be it soap, washing powder, floor cleaning liquid etc. It is another 100 crore plus consumption industry. Sumptuous Sanitation Industry.

19.  Undeniably at least 5% of the population gets married every year which is 7 crore people roughly. Wide and wealthy Wedding activities Business.

20.  Undeniably at least 80% of the populations celebrates lot of festivals which is 100 plus crore people celebrating festivals which involves extensive purchases and shopping of many items. Fatty Festival Business.






Friday, September 28, 2018

Economy why it can get misled

If one can have the  liberty of over simplification and over generalization, then, in short it is the price that even strong economies pay for succumbing to  over publicized offers  with hidden agenda of either intentional scheming and/or the result of  ignorant subjugation to manipulative enticements or projections based on mere notional valuations.



There may be many other reasons for economic backlash like:-




Excessively and intentionally complicating fiscal or economic policies;



Generating new derivatives which thrive more on notional valuations; 



Trying to extrapolate certain norms on multiple services and verticles;



Applying certain policies through enforced homogenization or unnatural creation of uniformity across different regions and different economic conditions;





Creating drastic paradigm shifts trying to change the very mentality of the people without enough field studies;



In most places, ultimately the political dispensation makes  the final decision on many matters of vital economic importance.



The politicians may be or may not be savvy about various parameters of economic development, and even if they are savvy, often, political compulsions may not allow them to accommodate various measures;



Besides, every where there are those lurking luddites who oppose any change for fear of losing their status quo.



We cannot do many things without data but at the same time we cannot do everything for human​ ​life relying on data alone.



The cure may lay perhaps in accepting the fact that economists too cannot visualize all possible twists and turns.

However, they can factor in as a priority social and humanitarian welfare along with balanced and realistic environmental concerns.

These  principles may ensure the basic intention of any economic developmental measure does not cripple all the three important aspects which contribute to happy living, social harmony and a useful environment for posterity ( with comforts of modern life and balance of biodiversity- at affordable places not near urban or suburban areas)