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The document discusses examples of sectors where market mechanisms may be ineffective or missing. It provides details on how market mechanisms normally work through the forces of supply and demand setting prices. It then lists some sectors like FMCG, pharmaceuticals, telecom, paints and adhesives that have effective market mechanisms and are less impacted during economic downturns. These sectors see continued demand for products and may benefit from lower input prices. In contrast, sectors with ineffective or missing market mechanisms would be where government funds are needed to bring in resources.

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Rohith K
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12 views

Emigration

The document discusses examples of sectors where market mechanisms may be ineffective or missing. It provides details on how market mechanisms normally work through the forces of supply and demand setting prices. It then lists some sectors like FMCG, pharmaceuticals, telecom, paints and adhesives that have effective market mechanisms and are less impacted during economic downturns. These sectors see continued demand for products and may benefit from lower input prices. In contrast, sectors with ineffective or missing market mechanisms would be where government funds are needed to bring in resources.

Uploaded by

Rohith K
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Q1) Regarding "by bringing funds, particularly in sectors where

market mechanisms are ineffective or missing", could you please


specify some examples of industrial "sectors" where market
mechanisms are ineffective or missing?

Market mechanism refers to a system of market work in which the power of


supply and demand determines the price and quantity of goods traded. This
mechanism allows the market to go to a new equilibrium point when
disequilibrium occurs.

How the market mechanism works


For example, a business produces 60 shirts and sets its price at Rp170,000. In
the market, it sells 10 shirts.

Because the sales quantity didn’t meet expectations, the business lowers the
price to Rp130,000. It turns out that demand for selling well and 50 other
shirts finally sold quickly. It finally realizes that the right price is Rp130,000.

In the example, the market mechanism works. Businesses respond by lowering


the too-high price in response to market demand. The amount of Rp130,000 is
the best price that consumers want to buy, and producers are willing to sell.

Prices outside of Rs 130,000 are unreasonable for businesses and consumers.


If the price of a shirt is Rp170,000, it is too expensive for consumers to afford
it. If the price of the shirt is Rp120,000, the business will not accept it because
it is unprofitable.

SECTORS LIKE

Least impacted businesses: Businesses like FMCG (food and sanitation),


pharmaceuticals, telecom that people are buying as usual, would probably not
be impacted.
FMCG: This segment continues to see good demand for their products and
would also benefit from lower commodity prices.
Paints and Adhesives: These firms may see some deferment in demand but
would benefit from lower input prices.
Pharmaceuticals: This space may also actually benefit in terms of higher
than expected sales.
(https://emigrate.gov.in/ext/) For example, which access range is
allowed for Recruiting agents and emigrant/employer?
The question is not clear, but I think so you are seeking information
pertaining recruitment capacity. The Below are the details pertaining to
Capacity requirement and Bank Guarantee along with certain links for better
clarity purpose .
(a) RA Registration Fee
For unlimited capacity:RA can make payment of Rs. 25000/- only through
Payment -> RA Registration fee.
For capacity of 100 recruitment: RA can make payment of Rs. 10000/-
only through Payment -> RA Registration fee.
(b) We have received information from the ministry related to the
Covid 19 relaxation, kindly advise how to provide request for BG
reduction. In that order, it is confirmed that we can take back
25,00,000. Expecting your early advice. Already tried with the site,
but I cannot find any option for BG reduction ?
For BG reduction, RAs shall apply online w.e.f. 7 th September 2020. There is
an option ‘Apply for Capacity Conversion’ under ‘Services’ menu under RA
login.
(c) As per the latest notice on emigrate about 50 % reduced rate of
B.G's, we would like to enquire about the Online Process for RC
conversion for reduced rate . Our Capacity is 1000+ and our B.G is
50 lakhs. Under This Option The 50 lakh B.G is Reduced to 25 lakh
B.G For 1000+ workers?
Yes, for unlimited recruitment capacity 25 lakh BG shall be applicable.
Remaining BG of 25 lakh will be returned to you.

(d) I would like to know more about the notice circulated as on


26th Aug. we have made a deposit of RS 50,00,000 as on
31/10/2018 what is the BG reduction applicable for our agency and
how to apply for it.
For unlimited recruitment capacity 25 lakh BG shall be applicable. Remaining
BG of 25 lakh will be returned to you. You need to apply online using your
DSC.

Links Provided:-
 BG_and_Capacity_Conversion_FAQ.pdf (emigrate.gov.in)

 RA Registration Instruction (emigrate.gov.in)

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