SUHEL SETH SAYS “WE ARE AN ECONOMY BY, OF AND FOR THE PEOPLE”


Posted March 30, 2021 by anilkumar1

As stated Indian economy is represented as a central income market economy. The solid growth of the Indian economy remains affirmative because of the young population and the dependency ratio.

 
As stated Indian economy is represented as a central income market economy. The solid growth of the Indian economy remains affirmative because of the young population and the dependency ratio. Considering the investment rates, increasing globalization in India, savings, and integration with the global economy, the Indian economy has seen considerable growth.

The nation’s GDP depends mostly on domestic private consumption and exports. Indeed, production becomes an important aspect. The promoters, shareholders and investors play a significant role in contributing to the output. According to the well-known businessman and advertising specialist Suhel Seth, the economic strength of a nation is not measured by its Gross Domestic Product (GDP) but by the process of law. The measure of honesty and robustness of the economy must be ensured to maintain the economical rate. He also states that you need to hold responsibility for each of your actions rather than blaming the government. In fact, you are in a position to be held accountable for another person’s money.

The production industry, along with mining, quarrying, electricity and gas altogether, accounts not only for the GDP but also for the employment rate. Privatization of some public sectors gave a warm welcome to many sections that are reserved only for the public sector, which paved the way for the expansion in the production of fast-moving consumer goods.

The Service industry that employs English-speaking Indian workers on the supply side increases the demand from foreign consumers who are interested in India’s service exports and outsource for their operations.
Agriculture has always been the foundation of the Indian economy. With the needed level of investment for the development of agriculture and the marketing policy, it is prominent that the growth of the Indian economy is guaranteed. The rate of foreign investment in India is increasing due to the various initiatives like Make in India and Digital India.

Suhel Seth says, “We live in a society where the responsibility of the mistakes lies only with the government. If we are true citizens of this country, we will brace for this and bear the short-term pain with a grin. Not a grimace. Because we were the ones who caused it in the first place, and only we can ensure that going forward, we are an economy by, of and for the people. And not for a handful of connected people.”
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Issued By priya
Country India
Categories Business
Tags suhel seth
Last Updated March 30, 2021