Yes, We can

Context – Post COVID-19, India by meticulous planning can not only soften the pandemic’s impact on the economy but also revive growth.

Changes that can be incorporated

Corporate Governance Sector

• Political funding of corporates: Reduce Corporate Lobbying for getting loan from bank.
• Improve integrity of accounting: Forcing business to make money by efficient running and not by overvalued acquisitions.

Power Sector

• Patronising power theft and power giveaways: it deprive power sector with 30-40% of revenue. 
• Ripple effect: Bad loans, power cut in rural area which impact the agriculture production and functioning of agro-processing industry.

Agriculture Sector

• Replace inflated support prices for specific crops and subsidised inputs with investment in infrastructure.
• Remove restrictions on farmers’ marketing freedom and giving them income support.
• Cropping pattern should be changed according to climatic and regional conditions like sugarcane is more suitable in Bihar rather than Maharashtra.

MSME Sector

• Releasing of already due payment from Government through Trade Receivables Discounting System (TReDS) platform 
• SEBI should order rating agencies to include TReDS platform as one of the parameters to encourage large companies.

Corporate Bond 

• Large Companies issue bond ???? NBFC subscribe to these bonds ???? NBFC provide funding to MSME.

• Risk can be mitigated by dropping regulatory restrictions against trading of almost all type of bonds.

Source of 20 lakh crore rupees stimulus package

• Borrowing from domestic market and RBI, fund from global capital markets, sovereign guaranteed debt through SPV.