{"id":28599,"date":"2022-06-23T17:28:31","date_gmt":"2022-06-23T11:58:31","guid":{"rendered":"https:\/\/plyinsight.com\/?p=28599"},"modified":"2022-06-23T17:28:31","modified_gmt":"2022-06-23T11:58:31","slug":"economy-back-on-track","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/economy-back-on-track\/","title":{"rendered":"Economy back on track"},"content":{"rendered":"<p>Undoubtedly, the central government&#8217;s schemes contribute a lot to the economy, but at the same time the states&#8217; own economic plans also give momentum to it. For the economy to grow continuously, it is necessary that the citizens of the country should avoid adopting the jugaad culture. This culture thrives on the avoidance of rules and regulations. This can save people&#8217;s time or money, but due to this, the economy suffers somewhere.<\/p>\n<p>The cost of logistics in our country is much higher than in all other economies of the world. At present, the system of sending goods by trucks needs a lot of improvement.<\/p>\n<p>The central government has implemented the smart city scheme, but it is not showing any significant effect. With the chaotic development in the cities, encroachment is increasing. Due to this the traffic moves slowly and pollution increases. This increases the stress in people&#8217;s life, which affects their health. All these have far-reaching effects on the economy.<\/p>\n<p>The state governments are directly responsible for improving the conditions of the cities, but they keep quite due to vote bank politics. They have to understand that merely building some flyovers in the name of development is not going to work. Experts believe that India&#8217;s economy has the potential to run at eight-nine percent for the next decade and a half. It can be easily reached up to 11-12 percent, but in this the state governments as well as the common citizens will have to contribute. Common people have to understand that a new dimension can be given to the economy only by following the rules and regulations. When the common citizen tries to escape from the benefits-laws, it has a negative effect on the economy.<\/p>\n<p>Even after the economy affected by Covid is back on track, the crisis is not over yet. <strong>The epidemic is raising its head anew in China along with all the rich and especially western countries of the world. India&#8217;s economy is largely dependent on the global economy, so it is natural to be affected by the conditions of other countries. Due to the deepening of corona infection in China, there has been a shortage of sea containers. This is also affecting the economy of India.<\/strong><\/p>\n<p><strong>In order to keep the economy growing at the rate of eight-nine percent for a long time, India had made several plans to reduce dependence on Chinese goods, but they do not seem to be working so far. India will have to manufacture maximum items of its own needs while reducing imports from China. Simultaneously, it will have to expand its reach to the market where China dominates. This can also reduce the dependence of the world community on China. If this can be done, then surely the time will come for India. 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