Is Economy in Distress ?

Yes Economy is in  stress, Market is extremely volatile. Rather than finding fault of what Nehru did or what impact Ola or uber have, let’s have a positive thinking. Ola certainly have impacted car buy but that’s no excuse as with so much success of OLA or Uber car purchase should go up and more and more people should buy Ola or Uber. A) It would generate employment and does not need a great education or very high investment.

2) Car Lives it life faster as any taxi runs more than personal car and hence automobile industry specially those showrooms which got closed would have had more customers for both purchase and post sales service. By the way mine is also an analogy like what Nirmala Sitaraman Gave. She is MPhil in economics I am not so I would never say I know more. I feel as a nation and as good citizens we need to take below step. 

1) Stop Talking about/ Debating about Kashmir. Let’s have faith in our own government they have caught bull by its horn and they know how to handle it. In the interest of pity politics don’t give loose comments. 

2) Promote/Create Right ecosystem for farmers. If we can make them wealthy economic growth can be 10% leave 8% or 7.5%. Many of my friends who have large land banks back home atleast go

to your village talk to farmers including those working in your own farms and bring them close to market. Create an eco system where they can sell there organic products directly. I know #FarmerRiseFoundation run by Rajesh Kumar doing that we need more such foundation. 

3) Don’t have a lust to be in a big town when you can crate better fortunes or career in small town. Someone with 8-10 Years of experience MBA or equivalent by qualifications and earning 50 K or less per month.. Man don’t waste your time. Do something more productive. You are just wasting your time in a big city. 

4) Take an effort to educate people around you specially small business on how to be more tech savvy. Help create an online profile for them. Even if they get 10 customers through that please note it’s 10 customers extra. Which means few thousand of extra business. 

5) I know saving money is important but if it does not impact you much try to buy local products more than products from China or through online sales. Why make a Jeff Bezos reacher when our own Pappu Baniya or Kanhai sao has Same products back home. Believe me he is earning his livelihood. 

6) Mall is good. But let me tell you your best products and services are still in those local Lajpat Nagar market of Delhi or Gani Market Of Gaya. If you get tired by shopping in such market it will help you stay fit. Our biggest issue these days is we don’t sweat while shopping and toxics remain inside. If you sweat you will buy that amazing ice gola chuski also which you can never get in a mall. 

That’s my little #StreetMBAGyan for the day. Reach me at rahulchaurasia@gmail.com with your views.