A COVID RESOLUTION AFTER THE CRISIS FOR SELF SUFFICIENCY

Kerala do have traits of developed countries in many fields...we are always setting the developments of those countries as our target in further areas too. But remember we should not fall like USA,UK,Spain Italy,France etc as COVID 19 has proved....It is time to think, think and think together.

As we know Kerala, known as God's own country,was a State producing rice, blackgrams, vegetables etc. Kerala was having many flourishing small scale industrial clusters like coir, handloom,cashew etc. From a productive State it has transformed into a cosumer State which I feel is a downfall over a period of time.

Earlier the festivals of Kerala in any part of it was linked to the harvest season and now we observe that it had slowly turned out to be market oriented consumption sales during festivals like Onam, Christmas,Bakrid etc etc.  Vegetables and rice comes from our neighbouring States for our daily consumption.

Now this COVID crisis had proved that our State shivers once the borders are closed. We depend too much on others for our daily needs which we can produce at our backyard. Neighbouring States never have such problems because for food they have their own production,what they suffer is commercial loss due to non selling of their products to Kerala if borders are closed.

Hence a suggestion is that the administration from the root level to State level must take steps to think and implement as to what we do for making ourselves self sufficient for rice, vegetables etc. Agriculture to be given more importance and Agriculturist must be rewarded properly through setting up marketing centres,subsidies for quality seeds/manure and finally good rate for their products.

Cottage industrial clusters can be revived through revival packages( even though it is there) with more subsidies and tax concessions. With Kudumdasree and other SHGs/JLGs are very active in our State,we can implement the above through themand build up a Self sufficient State of Kerala..Let this be our resolution once the COVID crisis is over.

POLITRICKS..ONLY AFTER COVID..OBEY THE ADMINISTRATION NOW

Saddest thing, that still takes place in this country is scoring points through POLITRICKS rather that obeying and following the orders and guidelines of the Administration.

Instead of playing tricks, addressing ones loyalists to follow the guidelines to avoid spreading of this Virus is the most important and respectful thing that can be done to this country

Defying orders and crowding should not be allowed at any circumstances and media also must excercise restriction and should not give interviews to anyone just like that from these areas of action. Because certain things spelt out by them will be highlighted and sensationalized  which may give more problems to the administration rather than solutions by dampening the efforts of health workers, police, local administrators, panchayat members, ward representatives, bankers etc etc

Corona do not have any boundaries, any politics, any economic status or any sentiments. Hence take all steps to avoid oneself getting infected and make others understand the seriousness of this Virus.

Understand that lockdown is for one to stay inside wherever you are and not to move from one place to another alone or in groups,which we had seen in the case of migrant labours and others in certain parts of the country. This is not what the Government is expecting from each responsible citizen.

The Governments irrespective of politics must address the situation including taking stringent measures if the situation demands.

FIGHT CORONA STAY WHERE YOU ARE AND BE SAFE.

WHETHER INDIAN ECONOMY IS SHINING

Is there any truth in what our respected finance Minister's statement that Indian Economy is getting revived and progressing and coming back to normal. But the inflation during last month 9jan 2020) is 7.595, the highest during the last five and a half years. this inflation is assessed on the basis of Consumer Price Index which means increasing trend of prices of goods and services in the market. Industrial production also has come down. when there is a trend like this in the economy, there must be interest cut by the central bank of the Country, which has also not taken place.

The government machinery is trying to give a different picture to the public by statements - that there were gray areas earlier but there are lot of improvements...?

One cannot take into consideration the investment into the money market especially during first half of the financial year extending upto november. These investments made by FIIs/corporates/investors etc are for speculative purposes and when the Investments made won't fetch returns as they envisaged are bound to be withdrawn and repatriated. this will again make an impact on our financially stressed sector.

what the economic Survey Report mentioned about the financial situations of our Economy was not mentioned in Budget 2020. instead of coming out with corrective steps, which may be stringent, cover up of real situations was more evident. The public is left to suffer the confussions which were not understood by him because of jargons used. Added to that came the new Income tax regime with options either to continue with the old or go for the new...a total confussion for an ordinary Tax payer.

Hence it is totally confusing as to whether our Financial Investments--both short Term and Long Term-- will fetch returns or whether those investments land into the hands of  bigger corporates who will swindle away the money and claim banrupcy. WHETHER  OUR  ECONOMY  IS  SHINING  OR  FACING  RECISION  CRISIS  IN  OUR  FINANCIAL  SECTOR. we will WAIT,WAIT and WAIT because we are tolerant to anything and everything.




 

Bangladesh lift maiden U-19 World Cup title with 3 wicket victory over India

 

Potchefstroom: Bangladesh secured their maiden global cricket title with a three wicket win against India in the final of the ICC U-19 World Cup here ...Replying to India's meagre score of 177, which was reset to 170 in 46 ove...

Opener Parvez Hossain Emon (47 off 79) and captain Akbar Ali (43 not out off 77) made telling contributions after bowlers led by Avishek Das did half ...

Finance Ministry offers opt-in Income Tax scheme.

Budget 2020 | Taxpayer opting for new tax regime to forego deductions on PF, children’s tuition fee, insurance

Since the demand for some relief  from the middle class Tax payers were very obvious,  a new personal income tax regime with reduced rates for those earning upto Rs 15 lakh was introduced in the Budget.

Rs 5 lakh to Rs 7. 5 lakh has been lowered from 20% to 10%, and for incomes between Rs 7.5 lakh to Rs 10 lakh to 15% from 20%. Similarly, tax rates have been lowered from 30% to 20% for those earning between Rs10 lakh to Rs12.5 lakh, and to 25% for those with incomes from Rs12.5 lakh to Rs15 lakh. 

Tax payers can, however, can opt for the new rates, if they give up almost all tax exemptions and deductions they enjoy under the old regime.

The budget speech has not mentioned regarding taking steps to overcome the financial crisis, moreover, it has indication on sales of profit making public sector undertakings like LIC of India, IDBI etc. The expectations of the stock market had a hit . Hope the agri sector may improve but most of the proclamations were there last year also. Whether MSME thrive or not, we will wait and see.

Altogether a budget which may not make a big impact on the present economic conditions of the country.