{"id":22639,"date":"2021-07-20T08:08:24","date_gmt":"2021-07-20T02:38:24","guid":{"rendered":"https:\/\/plyinsight.com\/?p=22639"},"modified":"2021-07-20T08:18:45","modified_gmt":"2021-07-20T02:48:45","slug":"editorial-july-2021","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/editorial-july-2021\/","title":{"rendered":"Editorial July 2021"},"content":{"rendered":"<p>Activities had revived in the fourth quarter (Q4) of last Year, and in the second half the economy had emerged out of contraction and had entered positive territory. Then we had the interruption of the second wave, which peaked in May. <span style=\"color: #003366;\"><strong>If you look at the high speed indicators, sequentially there are growing signs of improvement in certain indicators. For example, data on freight traffic, GST e-way bills, import and export, electricity consumption, volume of transactions in the payment and settlement systems are showing sequential improvement.<\/strong><\/span> The lockdowns were localized this time and economic activities, including manufacturing, continued. Individuals and businesses have better adapted to Covid protocols. So, we can assume that the worst of the second wave is left behind. Economic activities are expected to improve further going into, August or into the second half. Further, congenial financial conditions continue to prevail and vaccination is gathering pace. Detailed assessment on that basis, we feel our projection of improvement in productivity can be very well achieved.<\/p>\n<p>In the rural areas there was good agricultural production last year, and there are expectations of a good monsoon this year. Both of them provide strong support to the rural sector and going forward that should support rural demand and also incomes.<\/p>\n<p><span style=\"color: #003366;\"><strong>Change policies to promote industry and manufacturing<\/strong><\/span><\/p>\n<p>We have lot of cash crops, and are a unique landmass that can produce the rarest of fruit and vegetables. We have to reimagine how we see our plantations. We have to chalk out plans to make funds available for cold chains and processing centres for making value-added products from fruit, vegetables, and spices, which are aplenty in India.<\/p>\n<p><span style=\"color: #003366;\"><strong>Many people are willing to experiment with their ideas in this field. We need to handhold them and ensure they can make industrial raw materials from agricultural products, and get scale and market access. In the health sector also, we are to encourage small and medium industries to come up with products and ideas. We have to facilitate them via cheap loans and other help.<\/strong><\/span><\/p>\n<p><span style=\"color: #003366;\"><strong>The problem is that the industrial atmosphere in the country has to change. The government of India needs to change its policies to promote industry and the manufacturing sector. We need to promote indigenous industry and indigenous knowledge and translate them into industrial production.<\/strong><\/span><\/p>\n<hr \/>\n<p>\u092a\u093f\u091b\u0932\u0947 \u0935\u0930\u094d\u0937 \u0915\u0940 \u091a\u0948\u0925\u0940 \u0924\u093f\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 \u0906\u0930\u094d\u0925\u093f\u0915 \u0917\u0924\u093f\u0935\u093f\u0927\u093f\u092f\u093e\u0902 \u0938\u0941\u0927\u0930 \u0917\u0908 \u0925\u0940 \u0914\u0930 \u0926\u0941\u0938\u0930\u0940 \u091b\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0938\u0941\u0938\u094d\u0924\u0940 \u0938\u0947 \u092c\u093e\u0939\u0930 \u0928\u093f\u0915\u0932 \u0917\u0908 \u0925\u0940 \u0914\u0930 \u0935\u0943\u0927\u094d\u0926\u093f \u0926\u0930 \u0924\u0947\u091c \u0939\u094b \u0917\u0908 \u0925\u0940\u0964 \u0907\u0938\u0915\u0947 \u092c\u093e\u0926 \u0926\u0942\u0938\u0930\u0940 \u0932\u0939\u0930 \u0906 \u0917\u0908 \u091c\u094b 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Then we had the interruption of the second wave, which peaked in May. 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