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Obstacles to Opportunities

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#economymomentum   #indianeconomy   #reforms   #macroeconomics   #indiangovernment Experts are predicting the huge downfall of the Economy due to the Corona. I partially agree about the opinion of these experts. But I know for sure that they do not know anything about the value of human motivation and determined efforts. I strongly believe that people have a strong ability to convert any obstacles or challenges into opportunities. Great history of the world and our country is witness of same. If experts were to be believed, after the total destruction in 2nd World War Japan had NO future. BUT same Japan in just 3 decades or so, made US cry at the market place. If the experts were to be believed, Israel should have been wiped out from the world map by the Arabs, but the fact is different. If we see the recent example which many of us have witnessed is a Massive Earthquake in Kutch district of Gujarat in 2001. Kutch is the largest district of Gujarat and

PROFIT

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PROFIT                       "PROFIT" isn't a buzzword nowadays in all contexts of life? Whether it a business or a job or even in social life. Profit may be monetary or non-monetary; we can call it a benefit. But profit and benefit are very important aspects of everybody's life.   At present we talk about profit for the business world. The ultimate goal of existence and start-up of any organization is profit apart from other motives. Whether it is a privately owned organization, public holding corporate or government organization. Even an NGO is also intended to have a certain amount of profit to enhance welfare activities.   No need to explain that profit can be increased by a reduction in input cost and by increasing sales or service price. But in the current global competition and in the era of the buyers’ market is it easy to increase the price? It is a great challenge faced by all businesses.   The only way left behind is a reduction in