What is India's position amid whispers of recession in the world?

- Comma

- Tech Tech China's economy is running now. But this support cannot sustain China for long. Against this, India's voice has been raised on the international horizon. It is certain that India, which is leading in the war of prestige, will march on the commercial front as well.

There is no magic bullet that provides status reports about a country's boom over and over again, but economists use a variety of factors to predict where the country and the world are headed. Britain and Japan have just announced that their economies are slowing down. China has made no such admission, but imports of Chinese goods have declined. China is an export animal. If the exports decrease, the lifeblood of China will fly away. The reason behind China's military assistance to some small countries is to promote its own exports.

Now the chiefs of Andaman and Nicobar have also issued guidelines for the traders of their country to import from other countries those things which cannot be imported from China. Now its priority is Chinese products. Pakistan, Lanka, Nepal, Bhutan, North Korea - this is the situation everywhere.

China's economy is running on support now, but this support cannot sustain China for very long. Against this, India's voice has been raised on the international horizon. The Chinese believe that it is certain that India, which is leading in the battle of prestige, will march on the commercial front as well.

The International Monetary Fund has repeatedly revised the overall growth rate of the global economy from 3.5 percent to 3.2 percent. This estimate was for the new year of Jesus but now the situation is constantly changing. It means that even at the international level there will be more booms to come. Such assumptions are not imaginary.

It is prepared in a scientific manner with the system of advanced economics. The recession that the Indian people are currently experiencing is one of financial crunch and the other of industrial stagnation, but parallel to it, agricultural products and consumer oriented products continue.

There are two types of effects, one is that the purchasing power of people decreases, due to which the consumption of consumer goods decreases. Since India mainly has a traditional farming system, there are fluctuations in agricultural production, so the government has to pay more attention to that sector.

Although the rains improved last year, it did not change the average agricultural production much, as the only condition for any good monsoon is timely and proportionate rainfall. Last monsoon had frequent and heavy rains. The rain that still peeps from both the shifting winds of the Himalayas and the Arabian Sea, and weathermen are up in arms. This year's reversal of the Indian seasonal cycle does not allow them to jump yet. Monsoon also contributed to this year's recession. The reason why the onion ball has turned into gold is also the disproportionate rainfall i.e. some places more and some places less rain. However, everyone's eyes are now on the ravi pak which is coming in the market, which will take some time to get the full estimate.

The situation is worse in many countries of the world. China is going through the worst of the crisis, but its government is a propaganda expert, and being communist, the government focuses on exports and defense. China's general education is worse than ours, but its total productivity and total employment are much better than India's because of the rapid employment of people with incomplete education. For that reason, its poor economic condition is covered. In America and Europe, children at the age of fifteen take up jobs with their own confidence and self-esteem. No one has to say it. In China, there is a situation where parents have to throw their children out of the house after 15 years.

Also, the Chinese who are not working between 15 and 17 years are noticed by the government and such people are taken by the government to do any kind of labor. There the nation has absolute authority over the work force of every citizen. Communism has also been just for the sake of saying. In Mao's name there is almost a monarchy-like rule. We have the NDA government at the center initially achieving some of its goals in the name of nationalism, but later people realized that this nationalism was a sham. So BJP changed the policy and took up exemplary works. Even then, Raghuram Rajan has severely condemned the extreme centralization of power by the BJP and all the decisions are hanging on the Prime Minister's table.

It means that a number of economic decisions are pending in the country. The work done by Niti Aayog does not reflect the picture of interior India. Therefore, in the guidance that this commission has to give to the central government in the alternative of the five-year plans, the villages where the majority of India resides are left neglected. There was a lot of criticism about the Reserve Bank Governor initially, but Mr. Shaktikanta Das has taken a very astute approach to decisions so that the rupee has been floating in the Indian market even as the markets on the international stage have been faltering.

Now that the Lok Sabha elections are approaching, crores of rupees will pour into the market and the economy will get a boost and speed up. P. When Chidambaram was the Commerce Minister, he said in a public lecture that general elections in India are indirectly a booster dose to the economy. The truth is visible to the whole country and therein lies the causes of depression, which Raghuram Rajan pointed out yesterday. The role of the states rather than the center in the economic development of the country is now more important. A total of twelve states, including Gujarat, which are said to be the economic engine of the country, automatically bear the responsibility of bringing India out of recession.

But still there is no roadmap of economic development in those states. That is why the recession following the current recession has to be announced reluctantly and hesitantly by the International Monetary Fund. However, the US is currently ahead of the IMF's estimate of the US last April, and a few countries such as Brazil are sitting at the very bottom.