So I will be giving out my views on the current situation wherein I think that it is definitely the time when recession has started and how we are suffering from thinking about only jobs!
Now as we see that people have started spending less money on regular FMCG and also on few of the middle segment commodities. We also figure it out that the price of gold is sky rocketing but on the other hand there has been an immense expenditure on development of infrastructure as well as that there is growth in Affordable housing market. There must be a question that the real estate market is going down than how is affordable housing market growing? The simple thing is that the gap between the rich and poor is growing especially in our country. The trend of minimalism is growing and people are spending less and have become miser than they were before. Even if we study the recent case of Parle G, they were planning to lay off. So definitely affordable housing market will be growing as I wont be explaining this in detail in this blog, this was just for your information.
There will also be another scenario which most of us fail to see and I would you to see it for yourself that the prices in real estate goes up when the prices of gold goes down and vice versa. This is because of the liquidity scenario and returns that the consumer is preferring.
Now moving to thinking about the job problem. India's population is growing way to fast and the problem of the job will always remain. How do we make it less? From getting it right fundamentally, i.e that we are always taught to become managers and entrepreneurship is one thing that is lacking from core. We are taught to do jobs when we grow up but not think differently than the rest and finding out new ways to earn(ethical ways), this is where the school is failing most of the people. There are theories in economics which tells clearly that there is never full employment, but we can still bridge the gap by starting out new businesses rather than looking out for job here and there.
Now the main question arises where to look for more and new businesses when there is liquidity crunch in the market.
Start looking out for real problem of the world or businesses that will be blooming after 20-30 years, for example climate change, companies dealing in waste management, in renewable energy. But go there in the field rather than searching for opportunities on google.
