Thread by @SandeepMall

No work so long thread of thoughts. India has been a Sone Ki Chidiya and this is the time to reset all buttons and make it once again. There has never been more trust on a leadership than during Indira Gandhis time in 1971 during India Pak War. 1/12

Lot of industries will become dead at least in near future like travel. There will be tons of unemployment coming from these industries. What plan does government have to create more job opportunities? 2/12

Manufacturing needs to be supported. MSMEs and Construction Industry are biggest employment creators. They need to be nurtured and restarted. And some immediate steps need to be taken for the same. 3/12

1. Change Labour laws. Its still 1950s.
2. Global interest rates are at 1-2% where as we have 8-9%. Slash them. Or allow industry to borrow freely from international market. Open up economy. 4/12

3. The World sentiment today is anti China and every country is now emphasising to get manufacturing back. We already have industry. We can completely replace China out of this. 5/12

4. Inflation is all time low. Worldover. Oil prices are all time low. Use this time to print notes. Get more money into the system.
5. There have been talks of increasing taxes. It will be foolish to even thing on those lines. Wealth tax and higher Itax gets very little revenue.

6. The world over countries have given stimulus bills. Where is that in India? Countries are putting back 5-10% of their GDP back into the system? There is nothing here. 7/12

7. Sentiment needs to be changed of Entrepreneurs. Remove draconian laws. Civil servants can be put to better use. For India to grow, Indian Inc needs to grow. They have to restart.If they live in fear, there will not be enough for the 1.3 billion people 8/12

8. Banks need to give loan fast and not stop loans.They are only giving loans to companies who actually don’t need them - the big ones.
9. We need to reset. The Govt needs to reset. Mindset needs to change. Trust people.Let all of us trust each other. Rise above cast and creed.

10. Build confidence. All big ministers need to come out and speak daily. Boost moral of public. Or else one day all those Millions of people frustrated on the streets will force enter the fancy homes and we will not have enough police and military to protect. 10/12

11. Get money back into the hands of people. Like we are investing in ventilators for health, Economy needs a ventilator too. Reduce compliances, filings, disputes. Put them on back burner. Let people spend time productively.Let them rebuild this country again as Sone ki Chidiya.

1.3 billion people have gone into lockdown for 6 weeks already trusting the leadership. The government needs to do its part. It has to create jobs. Do whatever is needed to get money in people hand.
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