Economic Crises of Covid-19 (India)
The uncertainty of the present health crises will impact the economy adversely, the expected recovery will start from January 2021, and from November 2021 the economy will see improvement, though share market is estimated with slight recovery from September 2020 that may even accelerate a little from December 2020.
This health crisis has made Governments make plans to first save the lives of people and the outcome is the inevitable decline in trade and Sensex. As astrologically predicted the share market will be in the worst phase from May to August 2020 as Saturn and Jupiter will join Sun in Capricorn Zodiac sign which later on will touch the south nodes Ketu.
The policymakers have started making post-pandemic policy, the situation at present is depressing but a vigorous and hard decision can determine recovery and growth for a strong economic foundation. The fiscal deficit is to exceed the value projected in the 2019–20 budgets as all the economic activities have been suspended resulting in a fall in revenue. The strategically planned economic and fiscal policy will enhance trade and if countries work together the graph will be steeper when compared with counties acting alone.
The restrictions in movement directly impact labour and transport restricting manufacturing and affecting tourism. If the pandemic is viewed as a short-term impact, people may invest in consumer goods and consumer durables but if they consider it as prolonged crises they will cautiously spend their money. In both scenarios, the exports and imports will suffer in 2020 but putting them under control will rebound the trend in 2021.
Key productions are interrupted, the supply chain is disrupted and trade of most goods and services will be impossible without a transport facility. Services are interconnected but some sectors like IT do not suffer much as they emphasize work from home
As per planetary positions and our readings, the condition of Indian economy will be much better in comparison to other countries and global economy. India will start on corrective path sooner than expected and much sooner than other countries.
