Is Reliance jio about to create monopoly in telecom industry ?

img. source google

Several years ago, India had one of the world’s most competitive telecom markets, with numerous players vying for business. Now, there is a serious risk of monopoly. when reliance jio enter in the telecom business in 2016 , with in short period of time jio about to create monopoly in INDIAN telecom industery , with the more than 398.3 million subscribers , as of june 30th 2020 , it was reported that jio is the fastest growing telecom company .

The Indian conglomerate Reliance Industries is using its newly minted telecom monopoly to expand into other sectors of the Indian economy in partnership with multinational companies including Google, Facebook and Microsoft. Its 5G claims are a signal that it is now a part of the US-led global alliance against China’s tech companies. 

The combined market cap of the Reliance oil and telecom empire is US$189 billion, making it the only Indian company in the top 50 global list and 10th in Asia. In four years, Reliance Jio used its parent’s oil and gas revenues to power its way into telecom and become the leading Indian player. It bled the others with its initial low, predatory pricing rates, until  they surrendered, accepting Jio as the undisputed market leader. 

Since Jio’s arrival, India’s competition authorities have waved through a succession of takeovers and mergers that would have set off alarms in just about any other democratic country. Consolidation usually means the disappearance of perhaps two or three players. India’s list of casualties is long enough to pin to an industry memorial. They include names such as Aircel, MTS, Reliance Communications, Telenor . Vodafone India and Idea Cellular, two former titans, have merged.

No doubt, India was ripe for change. When Jio rocked up, it looked grossly inefficient and had fallen behind other parts of the world on the rollout of high-speed mobile data networks. The catalyst provided by a new operator, taking advantage of the latest technologies, was welcome.

jio Investors

image source jio website ,

in this image it is clearley shown all the investor of the jio and ammount of stake in jio .

In the latest development, India has been forced to postpone a 5G spectrum auction that was supposed to happen this April. Neither Bharti Airtel nor Vodafone Idea is in a position to buy new spectrum licenses at the high prices the government wants to charge. Only Jio could realistically afford those rates. only because of using the money of Rel. oil and a huge amount of FDI , in last 3 month jio raised 115693.95 crore from leading global investors including Facebook, Silver Lake , General Atlantic, KKR , mubadala, ADIA, Vista equity partners TPG and Catterton .

India desperately needs a U-turn. It is reportedly preparing a rescue package for stressed telecom companies and could offer relief to companies that owe licensing fees. But it will have to go far to persuade the international community it upholds fair play. Otherwise, India’s smartphone addicts may eventually find Jio is their only option.

jio competitor

image source : google

India’s telecom industry has made massive strides in the last few year with the roll- out of national 4g and increasing subscriber base , with the more than 100s million users, India is a hotspot for companies , still this industry barely has 4 players left, ( vodaphon, idea, Airtel, BSNL, mtnl ) jio can afford discount rates because of its cash rich parent Reliance . but the same ist’s true for others , the current avereage rate for 1GB of 4G data in India is $0.26 while it cost $12.37 in US, $6.66 in UK , and global average of $8..53 , last year when 2 largest subscriber base( more than 400 million ) compnay come together to fight with jio that is Vodaphon and Idea , but dose’t work and by the time both companies lost alot of subscribers (combined loss 120 million ) and their invester lost 50% of money , on the other hand Airtel shifted its focus and want to improve its ARPU (Average revenue per user, sometimes known as average revenue per unit, is a measure used primarily by consumer communications, digital media, and networking companies, defined as the total revenue divided by the number of subscribers.) instead of adding subscribers , according to OpenSignal, Airtel lead the Chart with the an average download speed of 8.7 Mbps, followed by jio at 6.3 Mbps . vodafone and idea werw 5.9 and 5.4 respectively .

jio comparison with Airtel (with the title of 2nd most suscriber )according to market CAP, market share , subscriber, and revenue .

by – Deshdeepak yadav

source :

google , news web site , newspaper, TRAI website .

why world losing the battle against a virus ?

In the past century, the largest gains in human health and life expectancy have come from public-health interventions, not medical ones. Clinical medicine — treating individual patients with medication and procedures — has registered enormous gains. Hepatitis C is now curable; so are many childhood cancers. Cutting-edge gene therapies are curing rare genetic disorders, and new technology is making surgeries of every kind safer. But even stacked against those triumphs, public health — the policies and programs that prevent entire communities from getting sick in the first place — is still the clear winner. “It’s saved the most lives by far, for the least amount of money, but why in avablity of so advance health tech still humans are losing the battle against a virus (COVID-19).

This covid 19 became a one of the biggest challenge for human kind , after so long shutdown of entire world , almost all country economy collapes , nearly 15 million infected and 602 k death due to covid -19 still their is no conformed cure/ vaccine. with 1st case in China (in wuhan city ) in december 2019 and sepred across the World with increase in multiple rate of pesents and became a world pendamic.

what is COVID-19 ?

On 31 December 2019, the World Health Organization (WHO) got reports from health authorities in China of a cluster of viral pneumonia cases of unknown cause in Wuhan, Hubei,and an investigation was launched at the start of January 2020. On 30 January, the WHO declared the outbreak a 

On 31 December 2019, the  World Health Organization (WHO) got reports from health authorities in China of a clster cluster of viral pneumonia cases of unknown cause in Wuhan, Hubei,and an investigation was launched at the start of January 2020. On 30 January, the WHO declared the outbreak a Public Health Emergency of International Concern (PHEIC)—7,818 cases confirmed globally, affecting 19 countries in five WHO regions.(PHEIC)—7,818 cases confirmed globally, affecting 19 countries in five WHO regions.

Several early infected people had visited Huanan Seafood Wholesale Market; the virus is therefore thought to be of zoonotic origin.The virus that caused the outbreak is known as SARS‑CoV‑2, a newly discovered virus closely related to bat coronaviruses, pangolin coronaviruses, and SARS-CoV. The scientific consensus is that COVID-19 has a natural origin. The probable bat-to-human infection may have been among people processing bat carcasses and guano in the production of traditional Chinese medicines.

The earliest known person with symptoms was later discovered to have fallen ill on 1 December 2019, and that person did not have visible connections with the later wet market cluster. Of the early cluster of cases reported that month, two-thirds were found to have a link with the market. On 13 March 2020, an unverified report from the South China Morning Post suggested a case traced back to 17 November 2019 (a 55-year-old from Hubei) may have been the first person infected.

The WHO recognised the spread of  COVID-19 as apandemic on 11 March 2020as Italy, Iran, South Korea, and Japan reported surging cases. The total numbers outside China quickly surpassed China’s.

world Health system fail ?

Covid-19 is a catastrophic failure of public health leadership. Highly-qualified people — from the World Health Organisation, the US Centres for Disease Control, the US National Institute of Allergy and Infectious Diseases, and eminent epidemiologists from institutions such as Stanford, Harvard, and Johns Hopkins — are offering regular updates on TV about what needs to be done. While viewers appreciate their expertise and measure of calm, billions around the world are now impacted by their collective failure to act and prevent this epidemic from happening in the first place.

Bill Gates, in a famous TED talk in 2015, predicted that the world is totally unprepared for a pandemic, and warned that countries have to mobilise. “Today, the greatest risk of global catastrophe doesn’t look like this,” he said, showing the image of a mushroom cloud created by a nuclear explosion. “Instead, it looks like this,” he said, pointing to a picture of the influenza virus. Why were public health officials not paying attention to Gates?

Every major country has a generous, dedicated budget for public health. Public health officials have been studying epidemics and pandemics for hundreds of years. After all, more people have died because of contagion from diseases like the plague or the Spanish flu than from war, and these experts have been combing through troves of data, often with the help of supercomputers, to find cures or vaccines for infectious diseases. Despite all the resources at their disposal, they are now saying that a Covid-19 cure is months away, and a fully-tested vaccine after clinical trials, perhaps a year and a half away. Didn’t they see something like this coming at all?

THANKS !

by – deshdeepak yadav

source -google , WHO , TED, and news channel

INDIAN HEALTH SYSTEM COLLAPSE ?

With the India reporting over 10,000 cases a day, most hospitals are running at full capacity and beds are filling up fast. At present 2/3 of the Indian hospital are working only on COVID-19 treatment and other patent are suffer lack of ability of hospital over the more than 1.3 billion people India only expend 1.3% of GDP which is lower than the average expenditure by countries clubbed as among the “poorest” country of the world.

In last 2 month the health care condition is worse in India people are die in search of hospital / treatment in these day many patent are running different different hospital in search of treatment and died on the road due to lack of place in hospital, lack of resourcse are their on hospital , over a huge no of population a limited number of ventilators are available which is very low number.

The total number of coronavirus cases in the India is more than 3 lack and still growing with per day 10,000 average and total number of death 9535, and as of now India is suffering lack of ICU , ventilators. and as per expert it is expected that covid -19 is on peak in last of july .

Estimates suggest approximately 19 lac hospital beds, 95 thousand ICU beds and 48,000 ventilators are available in India
Most of the beds and ventilators in India, are concentrated in seven States – UttarPradesh (14.8%), Karnataka (13.8%), Maharashtra (12.2%), Tamil Nadu (8.1%), WestBengal (5.9%), Telangana (5.2%) and Kerala (5.2%).
• Existing bed capacity is mostly saturated at government hospitals
• Accommodation of influx of COVID 19 patients, will require rapid expansion of current capacity or modifications in admission policy for routine patient care

Indian Infrastructure

In the 2019 Global Health Security Index, which measures pandemic preparedness for countries based on their ability to handle the crisis, India ranked 57, lower than the US at 1, the UK at 2, Brazil at 22, and Italy at 31, suggesting it is more vulnerable to the pandemic than countries that have seen a high number of fatalities so far.

India’s low investment in the health sector, dedicating only 1.3% of its GDP, is now making it vulnerable to COVID-19. It contrasts with other developing countries such as Brazil, which spends 7.5% of its annual GDP on health, Bhutan, which has allocated 3.6%, and Bangladesh, which dedicates 2.2%.

Among developed nations, South Korea has kept its healthcare expenditure at a whopping 8.1%, Japan 10.9%, and the US at 8.5%.

India has a severe shortage of healthcare workers. According to the Health Ministry data released in October last year, there is one doctor for every 11,082 people, which is more than 10 times the doctor-patient ratio that the World Health Organization (WHO). The WHO mandates that the doctor to population ratio should be 1:1,000, while India had a 1:1,404 ratio as of February 2020.

In rural areas, this doctor-patient ratio is as low as 1:10,926 doctors as per National Health Profile 2019.

According to data from the Organization for Economic Co-operation and Development available for India for 2017, India has 0.53 beds for 1,000 people compared with 0.87 in Bangladesh, 1.1 in Indonesia, 2.11 in Chile, 2.73 in Turkey, 1.38 in Mexico, 4.34 in China and 8.05 in Russia.

In a recent study, the Center for Disease Dynamics, Economics & Policy (India) and Princeton University said the country currently has 713,986 beds, including 35,699 in intensive care units, and 17,850 ventilators for 1.3 billion people.

Conclusion

The current scenario shows poor planning of health care system in India over the year’s of government’s , over a huge number of population and such a worse condition of health care system ,people across the country suffering due to lack of proper infrastructure, India need to improving the quality of health care at a low level required to focus on large investment in this sector because ” health is wealth” , india need a good policy and a proper implementation .

Thanks !

Deshdeepak

Data and Image source :

google , Indian govt. health website , news agencies

Impact of COVID-19 on India Business Industry

This is bad time for the entire business world even a small shop owner suffer crises due to this global pendemic . While there’s no slew of tried-and-true best practices for dealing with this global pandemic, the are some business which are going to be changed after covid-19 , these business ideas can help you emerge out as a leader through this crisis.

Moreover, it is equally essential to understand that the concept of the online marketplace comes with a futuristic approach. I truly believe that there will be a solution to this pandemic very soon. The world will be a healthier and safer place once again. And the businesses will be gaining their momentum. but after pendemic their is a new era of doing business, in which internet play a major role for making business easy .

We have been forced to adopt digitalization in our everyday life. These new habits have created new business opportunities but at the cost of huge economic losses. Enterprises had to adopt new normals and smartly diverse their operations. Other industries like tourism, travel, real estate have also been impacted. In these adverse times, the role of decision-makers to implement smart and sustainable business models is very important

1.Education Industry:

The 1st industry which is going to change Education , Children are missing their school/collage , as they have been inside at home for a long period of time. Digital education has experienced new growth in these periods. Many schools have tried different online teaching platforms to fulfill their requirements. The assessment of assignments and taking online exams are the newest challenges these schools are facing. Home tution and coaching centers are out of market , somehow big coaching center able to go online and hardly fulfill requirement and provide material to student because have fewer resources and facilities to avail these tools, but it’s very hard for them too, but small coaching and tution center are out. Their place is taken by some new internet era their is a lot of educational-Tech Platforms like Byju’s, Extra marks, Vedantu etc. are eating up their market.

Besides these, teachers are struggling to make their students understand the concepts. Therefore, recorded videos are frequently being used, which contain more options and animations to represent the concepts. but still it’s not enought for students

2.Health Care\medical Industry:

The most affected industry in the covid -19 is the health care industry.The impact of the coronavirus pandemic and the lockdown it triggered is clearly visible in financial markets. But there is still no clarity on the deeper impact that it is having across businesses and industrial sectors. Here is an impact analysis in healthcare sector.

The healthcare sector is at the epicentre of this unprecedented global pandemic challenge, and the private sector has risen to the occasion, by offering to the government all the support it needs, be it testing support, preparing isolation beds for the treatment of Covid-19 positive patients or deploying equipment and staff in identified nodal hospitals.

Just because of covid -19 all the global health care industry only focous on only COVID-19 , and all the other disease medicen on demand , all hospital are only about to check covid -19, putting on hold of a large number of patient of less harmfull disease , and all clinic are closed . their are also some online site / app’s which are providing home delivery of medicines and home service of doctor , but it’s not fulfill of requirement , and these are very expensive so poor people are not able to get medicine and doctors.

What is the impact on India’s medical devices industry?

  • The medical devices industry has also taken a hit. The country imports consumables, disposables and capital equipment including orthopaedic implants, gloves, syringes, bandages, computed tomography and magnetic resonance imaging devices from China. Due to the current crisis in China, the medical device manufacturers across India are finding it difficult to source important raw materials and electronic components from Chinese factories.

3. Self-Care Industry:

This pandemic has shown us the importance of self-care during negative times. We got to know, to lead a stable and efficient life, keeping our mind stable is essential. This has resulted in a boost of self-care content consumption online.

Consumptions for motivational contents, exercises, healthy diets, mind management etc. has increased exponentially. Subscriptions for the online webinars of established trainers has increased hugely.

Minimalist mindset adoption has seen higher growth numbers, which suggests, people now care to stick with essential items than luxuries. We have realised we require a fairly minimal number of items daily and the rest of the items are actually blocking our cupboard spaces.

4. Entertainment Industry:

we miss the cinema halls, a cheers from the crowd and we enjoying the ridiculously priced popcorn looking at the big screen. We are unsure when we can experience this again, as people are preferring to maintain social distances and cinema halls seats can be an easy prop to transmit the virus. Therefore, some yet to be released movies are releasing online, through the partnerships with media streaming applications.

In the covid-19 lock down all shooting , editing , composing etc are closed all artiest are in house thair is no prodction house working, but soon as we expecting end of pendemic and all these start again and we enjoy it. but in this digital era, platforms like Netflix, Amazon prime etc. have capitalised hugely and have become a necessity for many entertainment seekers than a luxury.

Meanwhile, we realised that authentic and valuable contents can win hearts even after a quarter of the century. Mythological series like Ramayan, Mahabharat etc. were adored hugely by everyone, which showed us, true contents can hold the attention of any age group. The nostalgic feeling and throwback to old days kept the TV channels alive.

5.Hospitality Industry:

All Hotels and restaurants have been shut down across globe and in India since last 3-4 months which is hugely impacting the pockets of owners. Many owners had to fire workers to sustain the period, though the future revenue figures are uncertain.

 With leisure and business tourism coming to a standstill because of the Covid-19 pandemic, India’s hospitality sector is facing its biggest crises ever,  pandemic and the containment measures introduced by Governments globally and in India resulted in a severe drop in foreign and domestic travel across the world, in both the business and leisure travel segment. This will leave a lasting impact on the credit profile of airlines and hospitality companies. Globally, hotels have acknowledged the depth of this decline with recovery stated two to three years from now.

THANKS !

Deshdeepak

Image source : google

MODI ANNOUNCES 20 LAKH CRORE RESCUE PACKAGE

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 In a televised address nation before the end of 3.0 national lockdown , India’s prime minister, Narendra Modi, announced an economic rescue package of 20 Lakh carore{ $260 billion}  which is aproxx 10% of  Indian GDP  for a nation that, although relatively successful in controlling coronavirus infections, has been left economically devastated.

The Rs 20 lakh crore economic stimulus announced by the Prime Minister takes into account the measures that the government and RBI have already rolled out in the form of Rs 1.7 lakh crore in cash and free food and Rs 5.24 lakh crore in liquidity support. That pegs the new stimulus at Rs 13.1 lakh crore, or 6.5% of GDP, which will likely come in the form of loan guarantees for MSMEs, wage support for MSME workers, aid for migrant labourers, tax sops to make local production competitive, tax cuts to spur spending and support for construction and housing sectors. The total package at 10% of GDP puts India in league with likes of Germany, Sweden and France and way ahead of Spain, Italy, the UK and China.

Prime minister  was short on details but said the relief package, which amounts to around 10 percent of India’s gross domestic product and was larger than expected, would help all classes, from farmers and migrant laborers to big businesses.

He urged Indians to become more economically self reliant  which means using of indian made product more than international product giving a example of mahatma Gandhi ji as he campaign to boycott British textiles and buy Indian cloth instead.

“Be vocal about local!”  prime minester said . “Who can stop us from becoming a self-reliant India?”

He further said  that India can make many products locally, boasting that the country went from manufacturing almost no PPE kits or protective masks before the coronavirus pandemic to now making hundreds of thousands each day.

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As so long national lockdown of a 1.3 billion people pandemic have hit its economy especially hard, leaving millions of poor people unemployed. All across the country, out-of-work laborers have been pouring from cities and returning to rural areas where they hope to rely on family members to survive.

As Prime minister promised that in the coming days India’s finance ministry would reveal all the details of fund and who will get benifit from this package, migrant laborers , farmers, honest taxpayers, MSMEs  (micro small and medium enterprises ) and cottage industry.were  among the people who would be helped by the stimulus plan.

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 As 3.0 National lockdown will end on 17 may , Mr. prime minister didn’t directly address  that national lockdown  further extend, but he said that during the next phase of the lockdown,rules would change. And he hinted that the lockdown might be eased.

“All the experts are telling us that corona will be part of our lives for a long period,” Mr. Prime minister said in his half-hour speech. “But we cannot allow our lives to revolve around corona, corona, corona.” He urged Indians to continue wearing masks and maintaining social distance.

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India has reported around 70,000 corona virus infections and 2,300 deaths. For a country of 1.3 billion people, that is a very low as compared with other richer countries. Though testing is lower here as well, which may mean the infection rate is higher than reported, many public health officials have said India has done a good job so far in containing the virus.

 

THANKS !

Deshdeepak

 

 

 

data and image source – google and news agencies

 

 

DEADLY INCIDENT AS INDIA IN NATIONAL LOCKDOWN

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Sixteen migrant workers were crushed to death by a freight train in central India  in Aurangabad Mahrestra as they were traveling home, becase of lack of food and work due to national lockdown , in covid-19 pendamic, In  tragic incident yesterday, a train ran over 16 migrant workers while they were sleeping on a railway track near Aurangabad, Maharashtra. The workers hailed from Madhya Pradesh and were travelling back to their hometowns on foot along the railway tracks. “We all from Madhya Pradesh and we work for SRG Company, Jalna. We were going to our native villages. We left our rooms at 7 PM on Thursday and reached the incident spot at around 4 AM in the morning on Friday.” said bye a eyewitness who is hospitlized .

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Just the day before, a diaster at a plastics factory that was reopening after a lockdown killed 11 people and sickened hundreds. Officials said that workers at a plant owned by the South Korean industrial giant LG had mishandled a valve on a styrene tank that sent a cloud of deadly vapor floating over the outskirts of Visakhapatnam, a city of several million people, that left people choking to death in the streets.

The moral of those stories for the Indian government, which imposed one of the world’s strictest lockdowns six weeks ago and is now trying to restart its economy, and did’t focous on the safty major in openieng of factory , bussiness, and all .

 

Many of the country’s struggles in the pandemic — including mass internal migration, unsafe workplaces and industrial disasters — have been amplified by the lockdown and the subsequent move to reopen businesses. And with millions of its citizens working overseas to send money home, and many of their lives now destroy by the pandemic, India is also undertaking a giant repatriation effort.

The gas leak and train incident wasn’t the only accident as Indian businesses began resuming operations. On Wednesday, half a dozen worker who had not been given safety gear  wear hospitaliz after inhaling dangerous fumes at a paper mill in Chhattisgarh, that was trying to restart operations after weeks of inactivity. And on Thursday, several hundred miles to the south, in Tamil Nadu, a boiler exploded at a thermal power plant, badly burning several workers.

The migrants killed on Friday along the railway tracks were  depressing wave. In recent days, India’s government, which initially blocked migrants from moving state to state, has eased the lockdown rules to allow some to travel. Over all, Mr. Modi’s government has been decided to give some relief in the lockdown, deeply concerned about the economic hit on a country by the so long national lockdown .

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The news of the migrants’ deaths disturbed an Indian public already rattled by the accident at the LG plastics factory. investigations indicate that the accident was caused by a leak in a styrene tank that had been neglected for weeks.

Officials said that dangerous pressure had been building in the tank during the lockdown and that factory workers had improperly opened a valve, releasing a huge cloud of toxic vapor.

On Friday, police officers put up more barricades around the factory and were not letting anyone near it. With many of the evacuated villagers being housed in government shelters, the entire area bore a deserted look. this incident focused people to remember painful memories of industrial accident in Bhopal in 1984 in which a pesticide plant released toxic gas that killed more than 4000 people in Bhopal.

 Apart from indesterial incident and train incident number of fatal car accidents is way down — no surprise, perhaps, given that roads across India were deserted until this week till modi govt. give a little relief in  lockdown. A recent report found that 140 people died in car accidents nationwide from March 24 to May 3 — an average of 3.4 deaths per day, as of due to national lockdown other incident like killing, snatching, curreption , burning of people  decreased .

THANKS!

Deshdeepak

data source- google and other news agency

EFFECT OF COVID-19 ON INDIA CHINA TRADE

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As COVID-19 has play a very bad impact on the world economy. Almost  every economy shutdown due to implimentation of  national lockdown across the world , and   Access to the outside world has shrunk; almost every county has severed their supply chains with China. Lockdown has shrunken our business , work ,education,  social life, evening previously spent with friends are now passed plugged into laptops and mobile phones. The lockdown by India imposed has affected the domestic trade too. in India lockdown extend by Modi government till 19 may , and in this long period entire nation  shut down almost each and every business, every job, startup , even small business  effected by this lockdown , each and every person of the nation are in their house  doing nothing , using mobile and laptop.

In China their is also lockdown which is now open as China is a big exporter  of a large amount of commodity across world, and to India  because  a large number of manufacturing unit in China. and all the manufacturing unit are shutdown either closed the product due to global pendamic  .

As per the official Chinese data, a 12.4% decline in India- China trade was seen for the month of January and February 2020. China’s export during this period was about 67.1 billion Yuan.

Many sectors have suffered huge losses due to the imposition of the lockdown. The medicines imported from China have seen a huge jump in their prices. Paracetamol imported from china has seen a hike in its price by up to 40%. India imports 70% of its medicines and medical raw material from China. Due to which we will soon see a price jump in medicines.

China has been a leading exporter of electronic products. Televisions and mobile phones whose 75% and 85% of the components respectively are Chinese made, are going to be hit. Supply from China is shut since December 2019, which caused a shortage of cheaper basic products. DAIKIN, a Japanese air-conditioner manufacturing company has already informed its retailers that the company is going to be increasing prices by 5% to 7%. Products which can be made easily in our own country are imported from China because they are cheaper. Discounts earlier received on mobile phones and other electronic items will be cut off and are expected to hike in price, there are expectations that there will be a 10%-20% increase in the price of electronic products.

As India has shut down the exports, it will make the textile industry suffer. India is one of the largest producers and exporters of cotton yarn. India exports about 25% of its annual cotton and cotton yarn to China. The cotton export is being held up completely.  The fabric export has seen a sharp decline. The cost of raw cotton has been reduced by Rs.200 to Rs.300, because there is no demand from China.

Toys will get costlier because the toys imported from China which cost about Rs.10, if made in India costs around Rs.17, this is due to machinery. China manufactures toys on a larger scale. Whereas in India the production is on a smaller scale as compared to China, and without the advance machinery as in China.

Out of every 15 diamonds of the world 14 are cut and polished in India. India exports 36% of its diamonds to China, this will cause India to lose around $1.05-1.3 million. India’s gold market saw a 92% decline in demand for this Akshaya Tritiya, the annual spring festival Hindus  for which, consider it to buy gold and demand of yellow mettle is very high during this festival.The alloy is mixed with gold to give it strength and durability, and  the platinum used to gold rhodium polish are imported from China; this will force the retailers to increase their making charges, resulting in an overall increase in the price of gold and silver jewellery.

As China is the largest exporter of iron and steel in 2019 having exported 87.3 million metric tons which equals approximately 15.8 % of global exports and its expected to increase in the price of the production after covid -19 As regards steel, although Chinese export prices of steel do influence Indian export realisation, imports from China of pipes (Chinese share 32.0% of total imports of this category in April-January’20), GP/coated products (Chinese share 14.3%), electrical sheets

India faced a similar slowdown back in 2008 which caused the GDP growth to fall from 9.8% to 3.9%. The Great Recession of 2008 made China the economic powerhouse. This slowdown is due to the lockdown where all the factories and workplaces are closed. It is expected that after the lockdown opens the demand will be back on track, but it will take time because people have suffered a pay cut and are left with lesser money to spend on wants, and due to the shortage of imports from China, people will have to pay more for the same than they paid earlier. Japan has earmarked $2.2 billion to help its manufacturers shift production out of China. India can be the next best location after  China; because India has a lower labour cost and is easily accessible to other countries. and ,India is working MNC’s planning to shift their production units from China in the post coronavirus world. The Finance Ministry has asked a select group of industry representatives to send “implementable” suggestions on an urgent basis to make the country a global manufacturing hub

THANKS !

Deshdeepak

 

 

 

Data source- google and govt. of India and china official website.

 

 

 

 

 

 

 

 

 

 

 

Indian people get attached with tv in this pandemic lockdown

#covid19 #India #tv #lockdown #pendemic

Due to COVID-19 all over the world 1/3 of the total world population under home , no one allows to go out in india after 24 March when Indian prime minister announce 3 week of lock down , due to increase in number of COVID 19 infection in the country , In this pandemic Television viewership increased by 10% in the 2nd week of April 2020, over the previous week as people remained glued to TV to watch news and movies during the ongoing lockdown period.

As compared to the pre COVID-19 period (January 11 to January 31) TV consumption has gone up by 43% across India, as per data released by BARC India and Nielsen.

DD National became the most-watched channel during the week, across India, with the telecast of classics such as Ramayan and Mahabharat and shaktiman, DD Nation channel become the most watched channel of the history , this channel make a new level of popularity in this 21 day Lock down , and broadcasting of such classical serial movies , people are crazy for these episode especially Ramayan .

The Prime Minister’s request to switch off lights at 9 p.m. on April 5, garnered the lowest-ever total TV viewership for those nine minutes.

Viewership was down 60%, indicating that over half of India’s population could have participated in the diya/candle lighting event. And total participation also goes down on the day when prime minister modi announced to appreciate to helth workers by making some noise on door or Windows of house .

The growth in TV consumption in the week was driven by movies (77% growth), BARC India’s top executives said.

“Non-primetime continues to be the growth driver for TV (81% over the pre-COVID period) with early morning and late night slots also showing a growth,” officials said.

UTTER PRADESH ON THE TOP IN CRIME

The National Crime Records Bureau (NCRB) published the annual Crime in India Report 2018 on Wednesday. It Was published ,according to this report approx 80 killing and 91 rape case per day . In Indian in the year 2018 dekh 80 killing ,289 kidnapping and 91 rape case reported. It’s shows increase by 6.13 in comparison if 2017 . In up there are 32 Acide attack Case are reported which is 1/4 of total Acide attack in India that is 132 .

Decrease in the killing the total 29017 case record in the year 2018 in all over the Indian out of 13.8 % are from Utter Pradesh.

Source – All the data is taken from NCRB report

According to the report,3,78,277 cases of crime against women were reported, up from 3,59,849 in 2017.Uttar Pradesh topped the list with 59,445 cases, followed by Maharashtra (35,497) And West Bengal (30,394). The Conviction rate in rape related cases stood at 27.2% even though the rate of filing chargesheets was 85.3% in such cases.  In this year 2018 total kidnapping is 105536 out of this 80871 are women .

Sexual Assault In Children Increase To 22.13% In 2018  In India

While Children’s sexual abuse 22. 13 % increased sexual offense to save children from crime in 2016 the pasco Act 13 percent increased. In 2017 32608 children were made hunting of this disgusting crime. Was the increase in 2017, 39827. Similarly In the suspects, the case of sexual abuse also increased from 544 to 707. At the same time, 395 case of child marriage In 2018, 501 case of child marriage were recorded.

Number of people who committed suicide in 2018 was 1,34,516, an increase of 3.6 % from 2017 when  1,29,887 cases were reported. The highest number of suicide victims were daily wagers  fallowed by housewife and student , comprising 22.4 % of such deaths. The majority of the suicides were reported in Maharashtra  .  The NCRB report said . The incidents registered under the Scheduled Caste And Scheduled Tribes related Acts saw a decline from 6729 incidents reported in 2017 to 4816 in 2018. A total of 29,017 cases of murder were registered in 2018,showing an increase of 1.3% over 2017 (28,653 cases).

Unemployment a big problem of India

Unemployment is a big problem for the world’s but tha condition if India is worse , and if we look in last 7-8 month million of people lost their job , and their is very less opportunity for job .Unemployment is a major social issue in India. As of September 2018, according to the Indian government, India had approx 31 million jobless people.The numbers are gose up in the year of 2019 .

The National Simple Survey Office  (NSSO) the key governmental agency in India at the national and state levels to study employment, unemployment and unemployment rates through sample surveys. It does not report employment or unemployment results every quarter nor every year, but generally only once every 5 years. The last three officially released NSSO survey and report on employment and unemployment were completed in 2004–2005, in 2009–2010, and 2011–2012. The 2011-2012 survey was initiated by the Congress-led Manmohan Singh’s government because it was felt that the higher unemployment numbers in the 2009-2010( Due to great ressasion of world in 2008 ) report may have been affected by poor monsoons, and an early survey might yield more accurate and better data. There was no NSSO survey between 2012 and 2017, and a new survey was initiated in 2017–2018. This report has not been officially released by the BJP-led Narendra Modi’s government, but the report has been leaked to the media. The unemployment rate of last 5 year is more than the rate of last 40 year if compared.

According to research of The Centre for Monitoring Indian Economy (CMIE) unemployment rate of India was in November- december 2019 is 8.91% the urban unemployment is higher than rural unemployment this is because alot of people moved to urban for better job opportunity but they are not able to get that .