ranjan

As India begins to open up after a prolonged lock down, it should understand that India's growth story is basically a consumption-based one. India has a multi-layered economy with the rural-urban economy on the one hand and the organized-unorganized one on the other. Hence, solutions should also be multi-layered and ones that can be linked into another solution best suited to the need of the Indian economy.  At now, there are two stories that we are hearing on India recently. first that if a vaccine or treatment is not developed soon, the number of Covid 19 cases will increase sharply and second is about pick up on economic activity following the relaxation of a nation-wide Covid induced lock down.      Many people have lost their jobs due to lock down and many have experienced salary cuts. This situation might lead to a structural change in the business  because we may face a situation where consumers start spending on essential items only. Besides, even the malls are opened, peop