The Crisis has underlined the importance of hygienic
food and living in our lives, though, there is no life without risk, risk is
everywhere, but we need to reduce it with our intelligence, we all must
maintain hygiene in our lives, in the slowdown-lockdown and after that...
People must not visit hotspots, they must be sealed... and not even out of it,
especially the patients... People must feel safe... INDIA has a very low death
rate compared to other countries and even people are conscious of their health,
now... PM could announce big relief to the unemployed and spending on the
corona fight... When everybody has stopped spending this is the time for the
Gov to increase spending... it would increase income and demand of others
too...
Complete lockdown is unnecessary... Complete
lockdown in regions where the contagion rate is high like Delhi and Mumbai
seems plausible... It has been observed that foreign travel and airports have
been a prominent carrier of COV-19... Densely populated areas with high rate of
the infection must be continued as hotspots... The situation demand gradual
relaxation in the lockdown with precaution... Rs 1000 is just piecemeal effort
to maintain spending and growth during high unemployment and low demand which
could be doubled through corona bonds and more spending on the medical
facilities in this emergency...
Many celebrity personalities have been cured after
being tested positive including the British PM... death rate is very low or
cure rate is high... PM must increase spending improving health care
facilities, providing world-class health... People must also learn about the
importance of hygiene...
The PM has pointed that normalisation process could
be underway after a week... PM has shown that the lockdown is unproductive as
far as the economy is concerned and hence it would be lifted as early as
possible with limits... This would curb the spread and could save the precious
human capital, it is directly related to the health and productivity of the
economy... In a week the spread curve could be plateaued followed by
relaxations...
All countries must devote funds to find the corona
vaccine following China and its expertise, this is the single act which could
avoid a longen recession and uncertainty...
Those without jobs could claim pension... or
provided unemployment benefits...
Market lockdown could create excess savings with
people with regular income which could also find way in the market and could
boost spending and prices after the lockdown is over, lower oil prices and
interest rate would again increase real incomes and profits, though rare cases
of hoarding are reported, but demand is low and increase in investment and
employment and income would increase growth... The important thing is low cost
must be passed on the consumers' prices to increase demand and growth,
otherwise recovery could take long... Stimulus and more money supply would
increase employment and demand and prices and supply and growth by increasing
real incomes...
Lower oil prices and dollars are good for the INDIAn
economy, they would increase competitiveness and productivity... Lower
inflation and appreciation in the Rupee could increase foreign capital
inflows.... Lower cost and prices could increase demand and growth, in the
export sector too... Though, expectations about prices and recovery affect
demand and spending... Lower prices increase demand and price expectation...
when everybody spend or demand at the same time it could reinforce higher price
expectations... Lower price expectations could delay spending until the economy
bottom-out - prices especially... Higher price expectation increase demand and
spending... Generally, periods of low growth or recession lies with lower
prices or inflation and vice versa... Low prices are followed by higher demand
and price expectations and high prices are followed by low prices and
expectations... Mainly coz of monetary and fiscal policy that again follow
recessions...
