Resurge , Restructuring, Reinvolving, Re-evolving

A jittery feeling for Indian economy which was already feeling suffocated makes it real worse and this time extreme inclusion of labour class and even the heart of Indian economy MSMEs can't keep them aloof from such magnanimous fall of economic devaluation. 

11crore jobs which is 27% of total workforce involved in the production feels hazardous and what about the villages which holds 51% of total MSMEs productions comes from them. A handicapped situation for especially for government of India as well who has initiated various schemes to keep them growing like never before especially MUDRA loan which provides loans to individual specifically vendors and household industries to keep them alineated from unofficial source of landing with no interest rate but even no subsidy as well but still safe to borrow from GoI ; looks terribly in trouble. 

Extending lockdowns harming total production of GDP which is by and large 32-36% comes from MSMEs will definitely fall a lot. An another panic could be rise for govt. if the people who have returned to their villages and vacated the city in course of fear might not return to work again in the industries; so what will happen to those industrial areas which heavily dependent on these low wager labour force. Another thought may be going in the mind of govt is that if industries not gonna start an NPA of already lurking between 13-15% in the market it will shoot up to sky as the speed of rocket for sure and crisis which already looms around the banks will surely sink them wholey. 

On one side government has responsibility to secure everyone's life as launched 20lakh crore of relief package but not surely enough consist only 10% of a total 1200lakh crore economy. What next should be that govt. has food storage for next year March , so govt. has to do hurry to procure the produces. A transparent failure easily could seen in the APMC act as the produces rottening up in the mandis. Govt. should have to pay attention to procure those to atleast secure the food security for upcoming years, give them atleast the fair value to help them to survive in this period. 

What's next govt. get when it turned the page is that if production sectors hasn't start early as early as it can be what about the taxes which govt. gets heavily from MSMEs around 35-40% , however opening of wine shop can play a catalystic role earlier but just 1.69lakh crore of revenue (last year) won't gonna fix the large economy and it can be a reason of extension of lockdown as we can easily see the breaking the rules of social distancing can cause community transmission. May be the reason that govt. concerned about this tax money and not allowing more relief packages for BPL or extream BPL class. 

A class apart capitalist also may get to feel the loss of capital and labour class as well, especially IT sector who is running on the 95% client from abroad basically from USA has to cut the work force or definitely need to change their working model to remain in business as their foreign clients are already on ventilator to add on the valuation to their company. If we return to the central bank of india and regulatory for banks in india RBI ,it is pushing hard to give the loans to the production sector but crisis may loom in their mind what if these money will never come back to their treasury again in case of failed business but they have to give them to restart the business for money circulation. Depleting basis points cleary sign to encourage the lender but surely nobody want to fit in this trap. 

Shortage of currency definitely not in the market but not releasing it frequently shows the future concern of the govt.