Hope of Revival :)

Currently our Indian economy is suffering from the drastic level of dropping of the the growth levels due to many of the factors discussed in the above posts published. In the current COVID-19 situation it is diificult on the part of the economy to bear any sort of major loss from the drastic causes of degrading economic factors. 

Hope in terms of revival is expected in the upcoming years because-

• Boosting Agricultural Sector- FCI has not made the farmers work stop during this period of lockdown when whole of the world was suffering from the drastic impacts of COVID-19. Proper purchase and procurement of the rabi and khariif crops satisfied the hunger of the people of the country and farmers were treated as Gods of the people.

• Crude Oil prices drooping- It has not been because of the declining crude oil resources in the world's natural resources but because of the COVID-19 situation the governments through a coallateral aggrement have agreed on to a fact regarding the declining the prices of crude oil which in turn will increase the demand of the oil all over the world.

• World Index Ranking Improved in sectors of Tourism, Defence and Scintific Research and Technology which has made a further road for the improvement and development.

• Foreign Investment becoming Reliable and Accurate- Giving a major concern for the devlopment of the economy, despite the major setback in terms of the GDP of the country, The initiatives and the policies taken by the government actually led the big MNC's of the world to invest in the country such as Facebook investing the Reliance shares is a good deal to about with and it is considered to be the world's greatest deal till date.

• Gaining over the neighbouring countries losses- China Ban from the country's economy has actually helped the counrty to go onto a good deal regarding the Aatamnirbhar Bharat being fully satisfied where the local domestic businessman are being satisfied and their daily subistence is being saved but only in certain cases.

• Dividend being Demographic in nature- India has a population of the younger age group of 18-25 years which means that they are fully capacitative and working in nature. A world survey claimed that if all the people worked altogether of younger age group without any underunemployemnt, India will be a successful country in thr upcoming years.