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Man made crisis can last 5 years : MMS


sskmaestro

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some of them implementable, some are not 

if government encourage easy loans through banks and nbfc it will create npa problem.

government can ease labor laws and encourage setting up manufacturing plants in states where land is available at affordable prices. currently manufacturing industries are preferring vietnam , thailand and other south east asia companies. we need to give tax incentives to setup manufacturing industries in india.

gst reduction is tough choice . atmost government can reduce gst to clear the old stock of the bs 4 vehicles. once government agrees to reduce gst on vehicles , other sectors like cement, steel will ask for gst reduction.

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2 minutes ago, ravindras said:

some of them implementable, some are not 

if government encourage easy loans through banks and nbfc it will create npa problem.

government can ease labor laws and encourage setting up manufacturing plants in states where land is available at affordable prices. currently manufacturing industries are preferring vietnam , thailand and other south east asia companies. we need to give tax incentives to setup manufacturing industries in india.

gst reduction is tough choice . atmost government can reduce gst to clear the old stock of the bs 4 vehicles. once government agrees to reduce gst on vehicles , other sectors like cement, steel will ask for gst reduction.

I think everyone is looking at secondary things. We are not fixing the root problem. 

 

Ask any business man, he will say few things that are sucking blood from his body

1. Lack of labor and high cost for labor 

2. Middle men at every layer

3. Black market

 

The major issue is serious increase in cost of living. 

 

If Indian govt doesn’t address them in both short term and long term action plans, we will be doomed! 

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