COVID AND INDIAN ECONOMY - page 2. | Bitcointalksearch.org

super bako

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Quote from: shoreno on July 08, 2020, 08:21:24 AM

Quote from: Nhor1011 on July 08, 2020, 07:15:25 AM

I think those country that affected with Covid19 pandemic including India will continue to suffer and even if there is already a cure,those affected too much will not recover immediately. It is not easy for collapse economy to recover automatically..it needs more time and strategy. For develop countries with less affected it will not the problem instead they can help their fellow country to recover.

what country are not affected with covid? i think all are affected with it and yes all will continue to suffer no matter how small or big the damages are because every country needs the other country to have a well working and balanced economy . dont worry about help , because we already see that humanity is still there . people of different races and different status are spotted for helping those who are ineed help the most . it can be thier own money or other peoples money via the form of donations and working / playing for a cause .

your words are very profound.? from your words I think a beauty that happens on the positive side, from a different ethnic group, religion, language. they help each other regardless of race? it's a social growth that is still alive and embedded in human life that is hopefully eternal. If all humans do not have indications like that maybe gradually all humans die because they are racing to find life eternity .....
all the conclusions of disaster is not negative but there are positive sides....??

Spaffin

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India is a very large country, with huge agricultural and production potential. since India is a country where labor is paid very cheaply, there will always be positive growth in the economy, as many corporations will use this situation. but it seems to me that today it is not the Indian economy that suffers to a greater extent, but the country's population. I am very outraged by the fact that in India, police beat quarantine violators with batons and rods, not paying attention to whether this is a woman or a child. and this we live in a civilized twenty-first century?

shoreno

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Quote from: Nhor1011 on July 08, 2020, 07:15:25 AM

I think those country that affected with Covid19 pandemic including India will continue to suffer and even if there is already a cure,those affected too much will not recover immediately. It is not easy for collapse economy to recover automatically..it needs more time and strategy. For develop countries with less affected it will not the problem instead they can help their fellow country to recover.

what country are not affected with covid? i think all are affected with it and yes all will continue to suffer no matter how small or big the damages are because every country needs the other country to have a well working and balanced economy . dont worry about help , because we already see that humanity is still there . people of different races and different status are spotted for helping those who are ineed help the most . it can be thier own money or other peoples money via the form of donations and working / playing for a cause .

plvbob0070

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Aside from working about the economy, it's very important to improve the medical and health care system. Even if they will keep on looking for a solution to prevent the economy from crashing, if COVID cases will keep on increasing that much each day, it will still be a tough fight for India.

I don't know how India is handling the pandemic in terms of medical and health care, but have they done mass testing or tracking people? Because I see that a lot of countries who are successful in fighting the virus have done this strategy. It's still good that they are promoting local because it will also help them. Also, the cooperation and trust of people towards the government will also help in handling the pandemic.

Nhor1011

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I think those country that affected with Covid19 pandemic including India will continue to suffer and even if there is already a cure,those affected too much will not recover immediately. It is not easy for collapse economy to recover automatically..it needs more time and strategy. For develop countries with less affected it will not the problem instead they can help their fellow country to recover.

Axelseseclevz

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India in is not the only country that suffer because of this pandemic. And helping to it's other country is the better way to recover economy. The other coutry early detect and intercept the spreading of covid virus that's why they just slightly affected and fast recover. But in our country is now start living in a new normal where everything is now functioning despite of rapid increase of affected people. Our government implement this new normal just to make sure that economy will live again and will not collapse totally. I don't think if India can also implement like this new normal to help their economy.

erikoy

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Quote from: Vishnu.Reang on July 07, 2020, 06:50:10 AM

At least they should take the precautions, such as wearing facial mask and keeping social distancing. But in my area, people are not doing so. Even those with active symptoms such as fever and coughing are roaming around. I understand that a developing country such as India can't afford to shut down the economy for months. But at last the police should make sure that everyone is taking necessary precautions to avoid the spread of the disease.

Just where country you are living? I had also the same observation here in our place. But I guess not all but there are few who were not doing this.

This pandemic is really hinders to what we should have done now. The blame should be on where this virus started. I do hope that they will going to pay what they had done around the globe.

Anyway, OP had made some solutions for their economic growth but the question is that the solution could be done? Aside from the solutions being made is not really the answer for me but OP had no place to decide for it is the leaders to make this done. So, OP wait until you become a leader to represent the many to decide for your country.

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Quote from: Findingnemo on July 04, 2020, 04:01:23 PM

Quote from: mithun303 on July 04, 2020, 03:16:23 PM

Not just India, The economic situation is very bad, But the news of the last fed days, India is now showing something else. They have started living a normal life. Ordinary people are wandering around wherever they want, Because they don't think about COVID-19. THey think about the family, They think about how we can earn money. Where they go and find work, They go out of the house for the purpose of finding work. They go out every day to earn their living.

I Don't think there is a solution until the Antidote is being developed.

How long they can stay in their home without any real help from their governments, now government increased taxes as well so people have to go to work to feed their family at least one time a day.Government also relaxed their restrictions even public transports are open for public to use and government says wear a mask or cotton cloth to save yourself from virus. Tongue

We will all struggle not only India, there's no such thing as a perfect government. The only thing that we need is a transparent and responsible government, a government that will spend the budget for this pandemic properly and will prioritize those things that will help eliminate or handle this Covid-19.

When it comes to the economic sector, it is really hard to open those businesses immediately as there is still a risk of getting the virus outside. More studies and researches are needed in order to implement an effective strategy to help its citizen as well as the economy of the countries to overcome this struggle.

jademaxsuy

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Actually I do not really know what you want to emphasize here with the economic growth of your country. The solution you have provided is very generic.Solutions in every problem in a certain phenomenon needs a study to come up with effective answer.

You also mention that rich countries had been failing to fight the virus to which I think you were wrong for the battle against this virus is on-going and still not done yet. Most countries had been exhausted in this battle but it is not really India I think that has advantage in economic growth instead it is China.

And if you really think that your Generic solutions might be really the answer then good luck India.

teosanru

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Quote from: abhiseshakana on July 08, 2020, 02:44:17 AM

Quote from: CardHerald on July 07, 2020, 10:55:20 AM

India and Brazil are suffering from this pandemic because they have witnessed an increase in the number of casualties after failing to contain the matter with the aggravation of economic hardship.
Things will increase, whether this world, but the Chinese economy is strong and may recover in the coming years, or it may witness a limited contraction for several years and then prosperity will occur.
Year and next year will be difficult, the Indian people need to survive and strength.

Many countries see China succeeding in counter corona and developing its economy, but do not want to follow or imitate what China has done to get to that point. If imitating is the key to success why don't we duplicate it. No need to be ashamed of being labeled as an imitating nation, if the results are real progress and growth. China was originally considered an imitation country and is known for producing low quality cheap goods. But China metamorphosis, from a copycat country to a modifying country and now an innovative country.

Brazil and India are countries that are more inclined towards America than China. Although India and China are geographically large and densely populated, and explicitly positioned as the two fastest-growing large economies, China and India are on different paths of economic growth. China came forward while India lost power in the region. India is in the stage of wanting to become a democratic and smaller version of China. India missteps if it wants to compete with China in terms of trade, market penetration, military strength. Instead, India must approach the weaknesses of China that can be exploited by India to weaken China.

I think strength of China is the lack of politics in the country. As it being a straightforward communist state government isn't answerable to anyone for any of it's step. This makes the process much speedier considering you get appropriate Presidents. While Indian Government isn't the same. You can see political agenda in almost every decision. Similarly they have to face criticism by opposition too for doing so. This makes implantation of decisions much more difficult. Moreover I have seen numerous times the top ministers wasting their times in political rallies which really should be banned completely. This is the biggest hurdle that India has. Moreover inclination towards USA is obvious as China doesn't has a very good image of maintaining border peace with India. India earlier had that greater inclination towards USSR and Russia but that seems to fade now. It at least looks like today India trust USA more than Russia. But for competing with China, India should first realize their current position and then move towards the economic growth from base zero. But the government here is too shy to showcase any demerits of the country. These days it seems to me that India is moving backwards in terms of development.

abhiseshakana

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Quote from: CardHerald on July 07, 2020, 10:55:20 AM

India and Brazil are suffering from this pandemic because they have witnessed an increase in the number of casualties after failing to contain the matter with the aggravation of economic hardship.
Things will increase, whether this world, but the Chinese economy is strong and may recover in the coming years, or it may witness a limited contraction for several years and then prosperity will occur.
Year and next year will be difficult, the Indian people need to survive and strength.

Many countries see China succeeding in counter corona and developing its economy, but do not want to follow or imitate what China has done to get to that point. If imitating is the key to success why don't we duplicate it. No need to be ashamed of being labeled as an imitating nation, if the results are real progress and growth. China was originally considered an imitation country and is known for producing low quality cheap goods. But China metamorphosis, from a copycat country to a modifying country and now an innovative country.

Brazil and India are countries that are more inclined towards America than China. Although India and China are geographically large and densely populated, and explicitly positioned as the two fastest-growing large economies, China and India are on different paths of economic growth. China came forward while India lost power in the region. India is in the stage of wanting to become a democratic and smaller version of China. India missteps if it wants to compete with China in terms of trade, market penetration, military strength. Instead, India must approach the weaknesses of China that can be exploited by India to weaken China.

Findingnemo

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Quote from: CardHerald on July 07, 2020, 10:55:20 AM

India and Brazil are suffering from this pandemic because they have witnessed an increase in the number of casualties after failing to contain the matter with the aggravation of economic hardship.
Things will increase, whether this world, but the Chinese economy is strong and may recover in the coming years, or it may witness a limited contraction for several years and then prosperity will occur.
Year and next year will be difficult, the Indian people need to survive and strength.

We all knows that China pretends to be strong by giving fake stats related to covid 19 cases and also they publicly mentioned that they won't take asymptomatic positive as active corona case but in all other world almost 70% of positive cases are asymptomatic so in reality, China's actual cases will be 4x or 5x times higher than what they are telling to us.Anyway, every economy is in the risk right now so the whole world is going to face hard life even if corona vaccine was found for next few years.

CardHerald

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India and Brazil are suffering from this pandemic because they have witnessed an increase in the number of casualties after failing to contain the matter with the aggravation of economic hardship.
Things will increase, whether this world, but the Chinese economy is strong and may recover in the coming years, or it may witness a limited contraction for several years and then prosperity will occur.
Year and next year will be difficult, the Indian people need to survive and strength.

Vishnu.Reang

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Quote from: mithun303 on July 04, 2020, 03:16:23 PM

Not just India, The economic situation is very bad, But the news of the last fed days, India is now showing something else. They have started living a normal life. Ordinary people are wandering around wherever they want, Because they don't think about COVID-19. THey think about the family, They think about how we can earn money. Where they go and find work, They go out of the house for the purpose of finding work. They go out every day to earn their living.

I Don't think there is a solution until the Antidote is being developed.

At least they should take the precautions, such as wearing facial mask and keeping social distancing. But in my area, people are not doing so. Even those with active symptoms such as fever and coughing are roaming around. I understand that a developing country such as India can't afford to shut down the economy for months. But at last the police should make sure that everyone is taking necessary precautions to avoid the spread of the disease.

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Quote from: so98nn on June 24, 2020, 07:23:37 AM

India is literally opened up completely now. Have you seen the news recently ? Just see how life has settled to normal days and how people are wandering everywhere they want. Since Lockdown 5.0 (Unlocking) nobody really cares about Covid19 because their priorities are to feed their families by doing some work.

In India most of the population lives on "hand-money" where they work and at the end of day get their wages. This is why people won't be stopping in houses anymore and they will keep working so that they can get food for atleast on that day.

Now, here comes the trouble, this will boost the covid19 spread to larger population.

There is no solution until we get Vaccine for the same.

They have the largest population in the world next to China. India and China have different approach to handle this Covid-19 pandemic, they have different priorities and that will make them different from each other. India is not that prioritizing the health of its citizen, it prioritizes their economy and how they will recover from economic crisis.

Indian people are really struggling to search for food and goods to help them survive this pandemic. Most of the places in India are very crowded and it can increase the risk of transmission of the virus.

That's the reason why the number of cases there is still increasing, the government do not make a proper and effective plan to allow people to work with safety measures so that they can pay taxes.

Findingnemo

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Quote from: mithun303 on July 04, 2020, 03:16:23 PM

Not just India, The economic situation is very bad, But the news of the last fed days, India is now showing something else. They have started living a normal life. Ordinary people are wandering around wherever they want, Because they don't think about COVID-19. THey think about the family, They think about how we can earn money. Where they go and find work, They go out of the house for the purpose of finding work. They go out every day to earn their living.

I Don't think there is a solution until the Antidote is being developed.

How long they can stay in their home without any real help from their governments, now government increased taxes as well so people have to go to work to feed their family at least one time a day.Government also relaxed their restrictions even public transports are open for public to use and government says wear a mask or cotton cloth to save yourself from virus. Tongue

mithun303

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Not just India, The economic situation is very bad, But the news of the last fed days, India is now showing something else. They have started living a normal life. Ordinary people are wandering around wherever they want, Because they don't think about COVID-19. THey think about the family, They think about how we can earn money. Where they go and find work, They go out of the house for the purpose of finding work. They go out every day to earn their living.

I Don't think there is a solution until the Antidote is being developed.

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Quote from: Negotiation on June 27, 2020, 03:15:19 AM

The real crisis will occur after the virus is controlled so if we are careful now we will be able to overcome this situation a lot However, the virus has hit the Indian economy hard. In addition to the virus, the locusts have destroyed all the crops in their country so the food crisis is going to increase The Indian government should spend more on agriculture They will not be able to recover what has been done in the last two or three years but they are hiding their information India is suffering more than any other country.

According to statistics provided by official authorities, it is agriculture in India that shows real results, for the entire spread of coronavirus throughout the world. But the production was hit hard. In addition, we must not forget that a significant part of the world is very dependent on Indian products, especially when it comes to the supply of medicines, in which many countries of the world today feel very severe shortages. It is no secret that it is India, one of the main suppliers of medicines and pharmaceutical raw materials, and the government has already banned the export of a number of drugs. Based on this, it can be said with accuracy that the economic problems of some countries automatically affect the economies of others.

Negotiation

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The real crisis will occur after the virus is controlled so if we are careful now we will be able to overcome this situation a lot However, the virus has hit the Indian economy hard. In addition to the virus, the locusts have destroyed all the crops in their country so the food crisis is going to increase The Indian government should spend more on agriculture They will not be able to recover what has been done in the last two or three years but they are hiding their information India is suffering more than any other country.

KrisAlex18

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It would be so terrible on the part of India if I am not mistaken, India is one of the third world countries so this pandemic virus is really bad for them. Their economy is already low and this pandemic will make their economy lower because of being jobless of many people in their country. There are many Indians who are now suffering because they don't know where to get their food. It's hard for them to see their family being hungry and they don't know what to do to fix the problem. The government's help is not so enough for us to feed our family if this pandemic would last so long.

Quote from: Pectivark on June 22, 2020, 12:55:20 PM

The solution lies in increasing government spending on projects and companies that employ a lot of workers by keeping them in their jobs and trying to pay part of their salaries.

That is a great solution but how could hey implement those things if we still have this pandemic virus. Ee should be careful now and do nothing outside. It should be implemented once the pandemic virus has gone.

Topic: COVID AND INDIAN ECONOMY - page 2. (Read 705 times)