WHAT HAPPENS IN INDIA AFTER CORONAVIRUS :-
What will be the situation of India (Economic faces ) after this dangerous virus, Will it be a Progression, Stagnation, Recession, Depression or the Great Depression.
The Economy of India is goes down and it's GDP also going in decreasing.
THEIR ARE MAINLY THREE TYPES OF BUSSINESS CATEGORY IN INDIA :-
1. Winner
2. Loser
3. In Betweener
1. WINNER BUSSINESS will be the all E - Commerce bussiness such as Amazon, Flipkart, Snapdeal and other all E - commerce bussinesses.
b) Entertainment, Gaming and streaming.
Like - Amazon prime, Netflix, Disney. These platforms viewership increasing rapidly nowadays.
c) Logistic and Delivery - In this time online transaction will grow fastly and rapidly.
Like - Alibaba.com .
d) Video Conferencing - Video conferencing market goes up because the offline platforms are closed. Digitally the conference of people will grow.
Like - Skype, Webex, Zoom.
e) Non - Cyclic bussiness - These types of bussiness will definitely grow, because these works in consumer assoption.
Like - Toothpaste, Soap, Milk, Grocery, Cosmetic, Alcohol, Pharmaceutical bussinesses.
2. LOSER BUSSINESS will be Airways, Travels, Cruise, Investment Bankers, Economy and share market, Tourism, Oil & Gas, Construction, Minning, Retail, Employment Services, Transportation, Food, Leisure, Hospitality, Office supply & stationary, Gift store, Printing, Home furnishing, Energy companies, etc
These types of bussiness will not grow at this time and have very loss, this will highly effect on our Country's economy.
3. IN BETEENER INDUSTRIES includes like Banking, Education, Health cares, Manufacturing, either this type of bussiness will grow or increase or get decrease.
INDIAN ECONOMY :-
Indian Economy or any other countries economy depends on the consumption. In Country's Consumption rate get very decreased.
In this time India should also be very careful to invest less and less amount on this pandemic to save it's economy.
In 2019 the income tax income of India income had decreased, and in 2020 it will definitely decrease, because many bussinesses at now goes down.
THE FIRST THING TO SAVE INDIAN ECONOMY is save heavy amount to loss because it will give India a global recession.
And the second rule to save Economy is Consumption, economy directly depends on the citizens money of invest.
Their is a theory -. PERSONAL INCOME - PERSONAL TAX LIABILITY = PERSONAL DISPOSABLE INCOME.
When Personal Disposable Income grow, then only Economy is grow.
Due to this pandemic, Personal Disposable Income goes very low.
Here are the Improvements of India or we can say How to grow Economy of India :-
1. Export
2. Foreign Investment
3. Consumption.
If India adopt Faster Adoption of New Technology and also Faster Adoption of New Process, then if will not so much affect on India, but if we can't able to do it their will be very big problem.
Their is not a big problem of Economy ,this time the most important to save our and our Country's life.
We all citizens will take responsibility of
Economy later when everything will fine but now please work from home of possible and be at home please.
Here we discussed about Economy loss afer this pandemic.
Regards, Success Beater
The Ultimate Knowledge.
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