Thread by @a_sandhan

Before US election Trump will unleash some very huge cost on China, may also pickup WHO chief.

If China doesn't change its eating habit will see repeat of coronavirus shortly. This time more deadly.

Lot of talk about China getting advantage due to quick recovery n world in turmoil.

China export is $ 2.5 trillion. Expect 10% market rest have already been hit economically.

Domestic demands will run economy in majority part of world.

China will be hit very badly due to dependence on huge food import. Export hit will lead to huge job loss causing social tension.

In India finally my concept will be implemented. GOI will be forced to discourage export oriented commercial crops n encourage oilseeds n other nutrient crop production.

Farmers will take the lead n move away from sugar, grapes, etc. This crisis is a big lesson.

Grow what sells in neighbourhood will be the theme.

Top 3 big sectors of Indian economy will be badly hit for atleast 1-2 yrs. Textiles, gems n jewelry, tours n travel.

India should seriously design policies keeping in mind recurrence of such virus attacks

Need to bury Tughlaqi policy of ensuring force migration of rural population to urban slums.

Lets make self sufficient districts as core of any future policy.

Best policy is even if central leadership collapses, daily chores r not affected in major part of country.

Revival is very fast in such cases.

#postcorona
Indian economy was going thro a difficult phase before corona crisis.

No big orders, wait n watch approach, liquidity problem n consumers holding back purchases.

Lockdown is a big setback to industry n business, small n big alike.

Industries/business running on small margins will have to pay interest on working capital n other statutory taxes. Very little chance order will start coming after lockdown ends.

Every chance high no of industries fail to pay back regular loan resulting in NPA's.

Forcing industry/business to pay salary may result in permanent closure of many of them.

This is a very crucial time for us. If we show maturity n have a practical approach we will see thro this testing times.

Very few have guts to start business in India. Don't let them fail by forceful extraction of money during lockdown.

Indians have long experience of giving 3-5 yrs salary as bribe for job in govt n even cooperative sector, even today.

So giving up 3-4 months salary shouldn't be a big deal. If business survives n business cycle pick up personal loss will be covered in couple of yrs.

Why I took this subject. There is every chance to instigate workers/staff for demanding full salary, even for outsource workers.

There will be PIL, left n rayta RW outrage. Chaos will result in permanent closure of industry like WB/Venezeula.

Everyone wants India to fail. Looking at our success in controlling coronavirus their next target is create chaos.

Patience is the key for atleast a year. We will definitely bounce back but sectors propelling economy will be different. Don't fall for instigation.

Positive news showing maturity by trade union leaders.
A big company settled economic setback issue in a very cordial manner with workers/employees
Full pay during 1st lockdown, no pay during 2nd n 10% pay reduction for next 6 months.
Company should not collapse must be motto.