I FEEL ECONOMY ACTIVITY WILL BE SLOW AFTER LOCK DOWN. THEN ECONOMY WILL START WITH 30% OF CAPACITY. TO REACH TO 50% DURING THIS YEAR I FEEL SOME OF THE STEPS REQUIRED FOR ECONOMIC ACTIVITY AFTER LOCK DOWN TO ENSURE NO UNIT IS CLOSED ITS OPERATIONS, EVERY UNIT PERFORMS, PROFITABLE, SURVIVED, REVIVED:-
- MORITORIUM FOR LOAN REPAYMENT, RE SCHEDULE, ENHANCE ADDITIONAL WORKING CAPITAL FINANCE TO HELP TO PAY FOR SALARIES, WAGES, CHARGES, STATUTORY DUES, RECEVABLES ETC.,
- ENSURE LOANS RECOVERED IN SMALL INSTALMENTS COMFORTABLE TO THE BORROWER. THERE IS NO RISK TO THE BANKS, FINANCIAL INSTUTIONS ARE FULLY SECURED.
- ENSURE MORE FUNDS AVAILABLE FOR ‘WEALTH CREATING SECTORS’ OF INFRASTRUCTURE, INNOVATION, MANUFACTURING, SKILL DEVELOPMENT, AGRICULTURE.
- NO LOANS FOR LAVISH, LUXURY SPENDING ON HOMES, VEHICLES, ENTERTAINMENT, ENJOYMENT. ALL FINANCIAL, NATURAL, HUMAN RESOURCES NEEDS TO BE USED FOR EARNING, EMPLOYMENT, INVESTMENTS, ENTREPRNEUERS.
- MORITORIUM FOR STATUTORY DUES PAYMENT, COMPLIANCE.
‘DELAY’ CANNOT BE TREATED AS ‘DEFAULT’. - INVITE ENTREPRENEURS TO PROVIDE ACTION PLAN TO EXTENT HELP, SUPPORT FROM BANKS, REGULATORS, COMPLIANCE.
- SUPPORT WITH INFRASTRUCTURE LIKE POWER, LOGISTICS, CONNECTIVITY, COMMERCIAL, COMMUNICATION, MARKETING EXPORT, FINANCIAL SERVICES.
- ALLOW SOME TIME TO ENTREPRENEURES TO LOOK AFTER HOUSE KEEPING JOBS OF FINANCIAL MANAGEMENT, PERFROMANCE, UNIT MAINTANANCE, REPAIRING, REPLACEMENT, CAPACITY BUIULDING, PERFORMANCE QUALITY, REVIVE CONTRACTS, EMPLOYMENT SERVICES, MATERIAL SUPPLIERS, MANUFACTURING, MARKETING, STORAGE ACTIVITIES.
- ENSURE NEEDED ADDITIONAL FINANCIAL SUPPORT TO MEET REQUIRED WORKING CAPITAL BASED ON CONTRACTS ON HAND FOR STOCKS, PRODUCTION PERIOD.
- SUPPORT, HELP TO COMPLETE IN COMPLETE CONTRACTS, PRFORMANCE THROUGH CONDONATION OF DELAY.
- ENSURE ENTREPRENEURS CONFIDENCE WITH SUPPORT, HELP, GUIDANCE AND ASSISTANCE.
CA. K. HANMANDLOO,
HYDERABAD.
hanmandlook@gmail.com
9848071149
