GREAT DEPRESSION 2020 Economy and its solution (Part 2) Ugc Net and other competive Exams.
In my previous article I had already predicated that Depression 2020 is already started and it will be more dangerous than 1929 depression.Economic condition of world looking already blur with GDP is expected to be near to zero of almost all of the countries.
India is vast country with 130 cr population and it will have large impact on economic problem. India is in 3 rd phase of lockdown till 17 May2020 and likely to continued in 4 phase till june 2 as already stated in my previous article.
Great depression 2020
India condition in handling corana virus is commendable and our PrimeMinister ,Chief Minister and corana warriors are doing great work and it is appreciated by all Indians.
Our Prime Minister is doing great job in saving life of citizens but now it is also important to look after Economic front where Economic condition of Poor and Middle class is already effected. All factories are closed with Govt had opened up some factories but conditions are very tough to operate.Rate of unemployment will rise ,State govt will be in financail constraint and Npo of Banks will increse .Bpl will rise and other Economic disturbanse will arise which i had already stated in my last article.
Now big question is how Govt will operate its Economy.To carry out Govt has divided its Economy in three category RED
ORANGE and GREEN with opening of Economy in Green and Orange zones respectively with control and no Economic activity in Red Zones.
Red Zones are mostly all the Metro town in States where more than 50 percent Economic activity takes place which is in complete lockdown.
Now question arise how this lockdown can be removed as per govt advisory these Red zones will be converted into orange and than green than condition will be eased for Economic activity again the question arise how much time it will take to convert Red Zone to greem zone which is uncertain.It means no Economic activity till than .
As cases in Red zones are incresing daily it is expected to reach 50000 patients till end of May.
As India is big country with little Medical facility and infrastrsture facilty I feel these measures can be inadequate without vacine which is still distant dream.So again question arise how Govt will curb these situation .
SOLUTION
The solution given below by me is just advice which govt can think and can make better accordingly with only concern of smooth running of Economy.
In my view till date there are 30000 active cases and these 30000 people are making Economy on hold .We can divide each states in two or more parts as per there active cases than shifting each patients to area which will be in outskirts of each states and than treating them there only.
Now if all the cases of Red Zones are shifted to these particular areas than these area will became orange and than green zone respectively.All the fresh postive cases will simply transferd to that particulary built area .
This will help govt in diffrent way
1)No community spread
2) Red zones can be converted into orange and green zones so that Economic activity can start .
3) Treatment will be confined which will create less pressure on our conrana wariors and better result can be expected.
I hope you will like this article pls share advice and suggest how we can better our Economy.
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