Monday, May 25, 2020

IN ODD TIMES, SO IMPORTANT IS THE WORD, 'FISCAL'; TO MAKE IT MORE SIGNIFICANT EVERYWHERE, IT IS TIME TO GO LOCAL !!!

"In odd times, so important 
is the word, 'FISCAL'; 
to make it more significant 
everywhere, it is time to go LOCAL. 
Due to the pandamic 
situation, there has been 
a psychological CHANGE; 
it has given the golden opportunity 
to strengthen each and every 
local employment EXCHANGE. 
Migrant workers will 
first try to get some 
works in local AREAS; 
the rate of migration of workers from 
one state to the other state may get 
reduced in the next few YEARS. 
When getting any work in local 
areas is the first PRIORITY; 
then recruiters may get at a reasonable 
salary offer, the manpower of better QUALITY. 
RBI has to push the PSU Banks for disbursing 
more loans as the deposits in CASA Accounts 
will start increasing AUTOMATICALLY; 
utilizing the new loan disbursed amount to close 
the existing NPA accounts may be a short term 
smart strategy TECHNICALLY. 
But, after some years, these loans 
disbursed in this pandemic situation 
will surely have the 'NPA EXPLOSION'; 
before that time, the Indian Government
must succeed in its 'Make In India' 
and 'Increased Exports' VISION. 
Keep only 5 PSU Banks like North Zone Bank 
(NZB), East Zone Bank (EZB), South Zone Bank 
(SZB), West Zone Bank (WZB), NPA Recovery 
Bank (NRB) after mergers and ACQUISITIONS; 
even there must be a 'Bank Mitra' Counter 
in each and every Express train, so that 
while travelling in it, a person can 
have banking TRANSACTIONS."- Arindam Sain

No comments:

Post a Comment