The the pandemic all over the world that started way back from November 2019 is one of the most horrifying inventions that could have been done. The widespread virus that spread from Wuhan in China has not just created a panic in China but all over the world .
This virus had forced Korea to kill zone people who are infected with the fear that this virus could kill many others true people itself. USA one of the world's biggest and the most strongest country has miserably failed to curb this problem causing almost more than 9 lacs of people not just infected but deceased due to this virus.
In India the virus was confirmed by the ongoing government in centre and their timely awareness for precautions a country like India that has one of the biggest population strength has been able to successfully become the leader in controlling the wuhan virus or popularly known as covid-19. The the World health organisation and its statement as given several recommendations onto how a nation must curb the virus what all precautions must be taken and how long must it continue.
India has started its poor ties with this failure of a concrete plan to tackle the head on its own economy by the harsh decision of demonetisation followed by the newly implemented goods and service tax. The economy of the country had for the time being implemented several other laws creating a lot of loss to the nation's wealth and with the entry of the women virus things when just miserable for the industry.
Today the Indian industry suffers one is the biggest hits because of the match calculation by the chief advisory of this country full stop the government and its notification onto lockdown States that the lock down which had been started for 21 days chalna extend further until a concrete plan is put in place coma but on the part of our economics we fail to understand that the lock town which should have taken a parallel step with revival of the economy as taken India's biggest downfall.
India Today strike from the biggest depression and sholey after the completion of the lock town several industries shall be forced to stop producing for any state of misery is there is no economic package released by the government in ezone the government had taking note office on working postpone the people to win sure that they must face salaries to all its employees and shall not terminate any employee during the period of the pandemic. All associations and bodies of several corporates had agreed to pay the entire fees for the duration of March by adjusting the leaves but the extension from April and hence to me 2020 shall create a hole in the pockets of every individual. The Gunman in yet another step to eradicate the interest payments being paid had stated that people shell now get a nice why no payment of interest was actually e a mission statement by the ministers of the central government which led to an extended burden on the people rather than a vision of money and extension of money was now ready to be paid to the banks people that were earlier hit by the pandemic and no work are now it by the use prices that they are being forced to pay in terms of taxes black pricing of daily necessities, xcessive rates of gas, no economic packages salary for no work done, damages caused due to the pandemic.
As it is said it is never too late for any government to realise its own mistake and take certain characters measures at the earliest in order to revise the economy as well as the life of the people Sone after the government plans to lift up the lock down full stop hair after few recommendations that the government can easily do which are as follows:
1) the end of income tax for next 3 years
2) subsidised rates of necessities for all
3) no payment of taxes aur interest aur EMI during the period of lockdown and the same for the tenure of lockdown shall be adjusted after the lockdown is over but at a nominal rate and not at the previous existing rate
4) availability of loans at lower rate of interest extension of all loans at lower rate of interest, provision of funds for setting up Andre scheduling the loan structures of all business models after due verification
5) economic package for the poor in order to save the money and saving of all the people
6) only 2 slabs of taxes in the GST regime must be applicable being 5% and 7%.
7) exemption of existing defaults of loans and restructuring of all loans
8) extension of bs6 guideline Masti put until 2022 in order to revise the market
9) prices of various forms of gases must now be exempted from the previous existing tax and put under 7% tax slab of GST and being made available at unequal rate Pan India for the next two years.
10) prices charged at higher rate during the tenure of pandemic adjusted with the penalty @ 12% off the default price
11) all beautification rectification change of names and other link construction activities must be put to a fault for at least next 6 months.
12) the taxes levied by the government and private authorities under the control of the NHS must be put under one slap equal for all reducing the burden on the people.
13) the stocks and inventory is available with the government of people who had committed a default must be adjusted at nominal rates.
14) easy money e for initiation and investment into the own country by various foreign investors must be made with a stronger assertion on tyeps will local industries and setup must be made on areas of default in order to revise the construction that was earlier started and to ease the cost of investment.
