Healthcare Reforms; and Export show signs of a revival

25th Sept 2020

At JainMatrix Investments, we want to encourage India to get back on Track, so we are going to publish a series of articles and track stories in this space. Here we go, click LINKS:

  1. Healthcare Reforms – National Med. Commission started – (ET) – 25th Sept 
  2. Export show signs of a revival – (LiveMint) – 25th Sept 
  3. Economic recovery sustains momentum through first week of Sept – (ET) – 10th Sept 
  4. Rice, sugar push up Q1 farm exports by 23% – (ET) – 10th Sept 
  5. IPL set to kick-start consumption cycle – (LiveMint) – 30th July 
  6. Unlock 4: Metros to start, no lockdowns outside containment zones – (LiveMint) 30July 
  7. Mfg. policies of govt to help firms shift base to India: ICEA – (BS) – 26th Aug 
  8. RBI at end of rate cut cycle, govt must play role for revival: Economists – (BS) – 26th Aug 
  9. Railway earnings, Power generation: weekly indicators about economy – (BS) 18th Aug 
  10. Import embargo plan for 101 defense items to boost indigenisation(FE) 18th Aug 
  11. Must improve ease of business to be a mfg. hub: Industry captains– (ET) – 07th Aug 
  12. Here’s what Indians have been spending on during the pandemic – (ET) – 07th Aug 
  13. Redesign, rethink whole economy for success in post-Covid world – (ToI) – 05th Aug 
  14. Joblessness at pre-covid level as India unlocks more – (LiveMint) – 05th Aug
  15. Expect V-shaped recovery over next few months: Ridham Desai – (ET) – 30th July    
  16. A major change is shift in format: Panel on education – (ET) – 30th July 
  17. Hiring optimism grows as demand gathers pace – (LiveMint) – 20th July 
  18. IT may see surge in offshoring biz – (LiveMint) – 20th July
  19. The current wave of rail reforms is actually “historic” – (ET) – 17th July 
  20. Mapping India’s Post-Covid Capex Recovery – (BQ) – 17th July 
  21. View: Never a better time than now to build for India – (ET) – 13th July 
  22. India at the cusp of a huge explosion of demand: Panasonic CEO – (ET) – 13th July
  23. Record surge in sales of vacuum cleaners, dishwashers, DIY products – (ET) – 07th July 
  24. Labour shortage, factories go the extra mile to woo migrant workers – (ET) – 07th July 
  25. PMI, GST mop-up point to a pickup in economic activity – (LiveMint) – 02nd July 
  26. India Inc’s big bet on Bharat saving the day – (LiveMint) – 02nd July
  27. Green shoots in Bharat lead country’s economic revival – (LiveMint) – 30th June 
  28. Opinion | The onus is on us to conquer fear – (LiveMint) – 30th June 
  29. Not two years, 200 projects finished during lockdown: Railways – (ToI) – 29th June 
  30. Bankers in India are more productive working from home – (LiveMint) – 29th June 
  31. Global equity markets are likely to continue their up move – (BizStd) – 27th June
  32. Migration is reversing: Trains from UP, Bihar run full – (ToI) – 27th June 
  33. Indicators of economic recovery in India – (EcoTimes) – 24th June
  34. Get India fully back to business, says India Inc – (EcoTimes) – 24th June
  35. Post-crisis, increase integration with global economy – (EcoTimes) – 20th June
  36. Kharif planting rises 40% on strong monsoon start – (EcoTimes) – 20th June 
  37. Maruti Suzuki’s model can make India a global mobile mfg hub – (EcoTimes) – 18th June 
  38. Indian economy to recover very fast: HDFC Bank CEO – (EcoTimes) – 18th June 
  39. A COVID-19 workplace readiness tool for organisations – (IISC) – 17th June 
  40. It is time to be a little positive on financial space – (EcoTimes) – 17th June 
  41. Exports bounce back to last year’s levels in June – (EcoTimes) – 16th June 
  42. Unemployment rate declines sharply as India exits lockdown – (Livemint) – 16th June 
  43. Local trains, Mumbai’s lifeline, resumes services – (Livemint) – 15th June 
  44. Construction work restarts at over 100 projects in NCR – (EcoTimes) – 15th June 
  45. Govt urges use of bicycles, EVs to mitigate risks – (EcoTimes) – 13th June 
  46. Digital is the Key to Unlock this Disruption’ – (EcoTimes) – 13th June 
  47. ‘Put the money in Indian stocks, forget till 2025’ – (EcoTimes) – 12th June 
  48. Loans are getting cheaper, HDFC cuts lending rate – (EcoTimes) – 12th June
  49. View: Replacing China imports possible, even in EVs – (EcoTimes) – 11th June 
  50. ‘Time for Bold Investments, not conservative decisions’ – (Livemint) – 11th June 
  51. After steep falls, June exports show signs of improvement (EcoTimes) – 10th June 
  52. Partial lockdown lift gives work to 21 million; not salaried class (EcoTimes) – 10th June 
  53. Covid-19 is no plague or cancer; fear psychosis unnecessary (EcoTimes) – 09th June
  54. Import-intensive spending likely to feel the pinch – (EcoTimes) – 09th June 
  55. Getting growth back on track is non-negotiable: Uday Kotak (EcoTimes) – 08th June 
  56. Post Covid Opportunities – Global Work Force (Nasdaily) – 8th June
  57. Impetus To Realty Demand, But More Needs To Be Done (NDTV) – 06th June
  58. Collections improving, demand picking up in rural India (EcoTimes) – 06th June
  59. View: How to get Make-in-India to work this time (EcoTimes) – 05th June 
  60. Effects of Unlock 1.0 as new guidelines come into play – (IndianExpress) – 05th June 
  61. Cabinet approves amendment of Essential Commodities Act (Livemint) – 04th June 
  62. Goods movement pickup in May signals economic revival (Livemint) – 04th June 
  63. PM’s First Major Address On Economy After Unlock 1.0 ( – 03rd June 
  64. Five Indian states are leading in the recovery from lockdown – (EcoTimes) – 03rd June
  65. India’s 3-phase ‘Unlock’ Plan starts at last (ToI) – 1st June 
  66. Supply to improve post-unlock 1.0; demand pickup may be slower (Livemint) – 1st June 
  67. Over 1.65 lakh people traveled in 2,198 flights since Monday: Puri (Livemint) – 30th May 
  68. The global supply chain is being reconfigured, India can gain (EcoTimes) – 30th May
  69. Nearly 65,000 cured from COVID-19 in India, 42% recovery rate (Livemint) – 29th May 
  70. An India lockdown survey: The good, bad and the ugly (Eco Times) – 29th May 
  71. How is India doing against COVID19 in 3 graphs – 28th May
  72. Covid-19 proves the importance of telecom in India (Eco Times) – 28th May
  73. India runs on Rails: MORE TRAINS BASED ON DEMAND (Fin Expr.) – 27 May
  75. COVID-19 Is Fast-Tracking Digital Transformation – 26th May 
  79. A THIRD OF NSE MFG FIRMS BACK AT WORK (Eco Times) : 23rd May
  81. We actually wrote about the need for a lockdown in Mar 2020 – CALL IN THE INDIAN ARMY TO HANDLE THIS EMERGENCY – 20th March

We have been tracking this infection since March when it came to India and we had to declare the lockdown.

Today, 2 months on, we are at a different phase in the economy. The first phase of lockdown and defense against this virus has been by and large successful in India. We did not have a massive early spike in cases. We did far better than Spain and Italy and USA  in the early phase. We have been able to set up Covid hospitals, track infection cases, close our borders and airports and more or less, slow initial infections. The statistics today is that we have 125,000 infections and 3,720 deaths from the infection. This is a very very small number for India’s population.

After the very strict lockdown 1.0, we have had lockdown 2.0, 3.0, 4.0 and now Unlock 1.0. The fact of the matter is that the economy has suffered immensely. Crores of people lost their jobs due to the lockdown. Many had to migrate back to their native places due to loss of wages. The economic losses are much more severe from the economic slowdown. Now that the infection is in control, we need to reverse our losses and regain the momentum. Even as we take sufficient precautions.

Both demand and supply were frozen, and it will take a massive effort from each of us for the economy to regain momentum. Its now time to open up our economy and as far as possible, get back to normal. We have to understand that this virus will not go away, it is we who have to adjust to it. Even as we maintain social distancing, and wear masks, and wash hands regularly, the important thing now is to dive back into business and some semblance of normalcy.


Punit Jain


This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. Punit Jain and JM has no ownership or known financial interests in any company mentioned in this note. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from an Investment Advisor. Punit Jain is a registered Research Analyst under SEBI (Research Analysts) Regulations, 2014. JM has been publishing equity research reports since Nov 2012. Any questions should be directed to the director of JainMatrix Investments at

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