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| "Write it. Shoot it. Publish it. Crochet it, saute it, whatever make." By Joss Whedon Yes, as long as some #economiccorridor activities are going on, development will not stop. We must keep doing something, not keep idle. If there's error, we can always rectify. This will apply for individual, company, country etc., "You don't get out of poverty by magic. You get out of poverty with capitalism, savings and hard work" By Hon'ble Mr. Javier Milei Legendary Economist & Argentina President in above economy motivation one important point to note is savings -Yes, SAVINGS must be in the form of liquid assets like cash, savings bank deposits, Gold, easily saleable govt bonds, Fixed deposits, some property which will fetch the rent income, shares, stock or some capital expenditure (Long term Asset) #EconomicGrowth
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| "An economist is an expert who will know tomorrow who the things he predicted yesterday didn't happen today." By Laurence J Peter |
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| "If we learn anything from the history of Economic development, it is that culture makes all the difference." By David Landes How to develop Country Economic. 1. Educate the children. Provide ample opportunities to educate the people. 2. Implement and maintain good infrastructure development like roads, railways, Air ports, Sea ports, connecting roads to major facilities, cities etc., 3. Implement good taxation system. Taxes must be either too high or too low. 4. Provide significance to health sector. Health is wealth. 5. Facilitate skill development and Human resources development. 6. Enable free and flexible business doing. Encourage research, innovations on products and services. Take all necessary steps to facilitate ease of doing business. 7. Open centralized investment center to finance the entrepreneurs. Take care of Capital and Working Capital needs. 8. Facilitate genuine Banking facilities. Digitalize transactions to the maximum. 9. Tourism sector is the most important platform for economic growth and earning opportunities for people. So, explore tourism places and convert to tourist land but without much impact to environment. Resorts, restaurants, recreation centers will bring revenue. 10. Encourage Entertainment sector. Entertainment to one man means earning to another man. Music means money. Dance means delights... Beauty will bring many things easy... 11. Maintain good diplomatic ties with international countries and trade connections. 12. Encourage social, cultural connections between people. Create the significance of social well being among people. Social connections are good platform to peace. 13. Life starts from Land. Provide more importance to Agriculture and farming sector. The person who is continuously hungry will get angry at one stage. 14. Communication with people. Appropriate connections with people will decorate the democracy and direct the governance to a right path. |
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| The question of inflation arises only when there are buying & selling of products & services. Whether low or high price there must be a buyer for those goods & services. | Manufacturing activities & markets for that finished product decides everything. Then GST & other tax collection etc., |
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| "Welcome to the wonderful world of economics. Everything precious in life has a cost." By Russ Roberts | "Strong economy creates good times & happy life people. | Prices of goods and services are decided by the Manufacturer, Market, Tax, Consumers demand competition for product etc., | If the demand is more, supply is less ultimately price will rise may result in inflation." - Srinivasan Babu |
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| "If the economy becomes disembodied from society it can only lead to disaster." By Susan George Yes, economy depends on country governance, government policies first. If goes in wrong way needs to be rectified. Country politics, opposition parties, investment policy, constitution, complications, importance to woman, freedom of expression, business support etc., We can eat what it is in plate |
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| "In the new Economy information, education and motivation are everything." By William J Clinton |
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| "A strong economy begins with a strong well educated workforce." By Bill Owens, American Politician |
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| "A dynamic Economy begins with a good education." By Bob Taft |
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| "Economic growth without investment in human developments is unsustainable and unethical." By Amartya Sen, Indian Economist and Philosopher "Economics is everything. Every life, every living thing, every life contributes for economic growth from birth to burial ground." By Srinivasan B. One way to contribute for your #country #Economic development is generously spending your earnings on buying and go for lavish life style. For example if you have $1000 on your pocket, spend in ten ways. Give business to 10 shops, 10 traders ultimately it will result in some #tax to your country #government and some #profit to that 10 #traders. If you have own house, you've well settled in life, why not spend all your money and going buying spree... #donate something, some bucks to downtrodden or for some social purpose, people. Thank you friends. #economicgrowth |
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| "Our vision is not just of Economic Growth. But also of a growth which would improve the life of a common man." By Honorable Dr. Manmohan Singh, Celebrity Indian Economist and former Prime Minister of greater India |
How to manage Economic Crisis in any Island or in any Country. My personal thinking is below:-
1) In every house, please do
agricultural activities. Grow some vegetables in your garden or if possible on
roof top also. Anything from earth, land will not incur much expenditure. Maximum,
you will be spending for seeds. For example, if rain comes watering of plant
will be taken care. At least, some
portion of family food needs will be taken care. We have to take care of
seasonal floods, some natural calamities etc., because your hard work on land
must not washed away in floods or get perished. Harvest the farm output on
time.
2) Whoever has got some excess money,
please spend that money by buying things, entertainment like going to movies,
tourist spots within your country. When we spend money, cash, it supports the
Economic growth. It will accelerate and boost the economic development. It will
help poor people a lot. It will ease the pressure on your government agencies.
Keep an eye on the activities of your government and listen whatever your
government says. You should not miss any important announcement / decision from
your government.
3) People, professional who left
country, island and working in abroad countries, please help your country by
generously donating to your government. Please don’t forget it’s your mother
land. If there’s no mother, you are not born in this world. Forgetting your
mother country, means forgetting your mother. Please remit maximum savings
money to your country; it will help YOUR COUNTRY in FOREIGN EXCHANGE EARNING.
4) As far as possible avoid wastage of
foods. Don’t waste food and throw in the garbage. Preserve the perishable food
items in all possible ways. Wasting food will further add to existing famine.
5) Even if your company pays less
salary, work with your full heart and give your best for your department. Life
means adjustment and co-operation at all the time, especially at the time of
crisis, particularly during economic recession. Together we can do lot of
tricks and overcome any difficult situations. Helping each other will solve
many economic issues.
6) Take care of your health, cattle and
your farm animal’s health. Being healthy and maintaining healthy life style
will minimize the expenses on body related health issues or disease. Keep your
houses and surrounding areas clean. It
will save a lot of money.
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| "Country's economic growth depends on its focus and works on infrastructure, energy and human resources development." -Srinivasan Babu |
7) Wastage or excess of food items in
hotels, restaurant can be distributed free of cost to neighboring people or
sell if off at whatever price it fetches. You may distribute to street dogs,
cats, birds etc., throwing the excess food items in garbage will not going to
benefit any one.
BB2B Marketing thoughts from this Blog author
Value, worthiness, usefulness
of product and services to the people makes that Business, Company stand out
strong, beats the competition, contributes for the healthy economic
development, magnify the market, increases the profit, tax revenue to the
concerned government.
So, business organizations have to concentrate on providing useful
products, concentrate on improving the quality of goods by doing persistent
research, recognize the customers, regard their customers, take care of their
employees altogether automatically #b2b happens in the society. #b2bmarketing #b2bsales #b2bmarketplace
Businesses manufacturing, producing the goods and providing
fantastic service is not sufficient, they have to make the customers realize
the value of their products and services. For this, various #advertisement will do the job.
This blog author Government spending thought.
When there's a need to spend, what the Government will do. Some case govt has to provide subsidies for some goods. Spending funds facilitates facility for people, augment further growth.
If there's no basic facilities for people, nothing will happen in the country.
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| "In human life economic precedes politics or culture." By Park Geun Hye My(Blog owner) thoughts on GST - Goods and Services Tax.👇 | It is the good news that #GST - Goods & Service Tax Revenue boost. It means our economy growth is real & people are working hard all industries are performing well, people buying capacity are increasing. Increase in earnings & employment opportunities etc., |
When our product enjoys abroad market, when people in foreign countries buys our product manufactured locally it means our products are export quality. Export activities boost our economy growth & will fetch us foreign exchange. Export activities leads to people connections.
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