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Showing posts with the label #ECONOMY #GDP #ECONOMICGROWTH #PANDEMIC #AATMANIRBHAR #MAKEININDIA #MAKEINDIAGROW

ECONOMICS OF SCALE - DYNAMICS OF DEVELOPMENT

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What will happen to the economy of India after pandemic COVID-19? Through which phase of economy, we have to go? Will our nation’s economy will come to stand still? At which rate does our economy will retrieve again? Before COVID-19 our country was going through a critical phase of economy and in present-day it is severely affected. According, to many experts it is suggested that our country will go 10 years back, if we are unable to recover this pandemic as earlier as possible. When we study the economy structure as well as population profile of our country, being a 2 nd ranked country in population across the world, we have a great scope to enhance in future. Because mechanism of economy is directly proportional to the population growth and their demand. Or we can quote - " Economies of Scale is guided by dynamics of Development whereas dynamics of development depend upon demand and supply and vice-versa". For example - Why can you now buy high-performance mo