Lockdown and Economy revival conundrums

The global macro doesn’t look good, many underestimating a generational shift. Jobs & demand crisis go hand in hand. Markets try marching up. Industry wants a “V” shape recovery. Central Banks pumping liquidity, But on-chain fiat transactions have collapsed, but anyway economy completely derailed. (Read Thread on Twitter)

The industry is in full recovery mode if allow economic activities, remain industry lock, no one is going to feed more than billion citizens, 3 KG Ration & 500 ₹ not enough for 21st Century lifestyle, Liquor can replenish revenue loss but not fill the fiscal deficit which going increase.

There is no tuning in fighting Corona among Government & Citizen, Sarkari Babu does not listen, citizen, other hand citizens abruptly violate Lockdown, all are meaningless, Everyone roaming & doing on its own, R-Naught of Corona increased, even India remain in the toughest lockdown across the globe.

After Cast off broken Tibia or Fibula muscle atrophy need physiotherapy, In Knee fracture- Rehabilitate needs Dorsiflexion likewise Closed economy requires stimulus which all business sectors are waiting, I'm not citing for top class only, but make sure maximum benefits to marginal people & which they need most.

Government not disclosing the roadmap for revival plan said Stimulus ineffective in Lockdown! The state government is in Total Quarantine? The government can't use the same brush to coloring every sector. Green & Orange Zones may important for economic activities.

GST collection is 5 times less than usual. Considering this threat, the government needs to reshuffle the Lockdown policy, to rekindle hope in businesses, allow MSME to remain operative. The economy can't remain shut for a longer time, leads the shot up in cost, and this is not viable for small firms especially the MSME sector because corporate and multinational firms keep the Retained earning and provisions for contingency which negligence or lack in MSME.

Courtesy,

Take a look @iJigneshDesai: https://twitter.com/iJigneshDesai?s=09