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Malivia
#7
The first phase of Navin Arthashastra begins; Restructuring the economy.
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May 4th, 5740
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Navin Arthashastra has been something viewed with curiosity by Amaro Drom. For some, it meant mild improvements to the economy. To others, it meant economic liberalizations. To Surakrit Bhate however, the goal of Navin Arthashastra is to restructure and create a new economy. With the rest of the party largely behind him, Bhate has found little opposition to his reforms as even the most diehard conservatives are willing to accept some of the mild reforms from Navin Arthashastra to repair the economy. As such, the first step to that, is reducing regulations on small business. Family businesses, small manufacturers, restaurants and retail, independent craftsmen, professional services and even tech start ups are to be supported and recognized. To compliment this, applications will be streamlined, local governments will handle permits, and licensing will be standardized.

The goal is to ensure economic growth benefits the people. Largely out of a desire to purchase loyalty but not everyone is that cynical in Amaro Drom. Furthermore, the Maliviyan National Bank will be responsible for issuing low interest loans, start up financing, manufacturing assistance, and agricultural modernization loans. The time for a purely controlled economy has passed, and if Maliviya is to survive, it must embrace some aspects of global capitalism. To promote domestic employment with these new small businesses, tax breaks will be offered for newly established businesses, and hiring unemployed workers will yield tax credits. 

These are only the first steps, but it's a controlled introduction to managed capitalism for Maliviya. If the country is to survive, it must sacrifice ideological purity for progress and development. Lest the Malivian Democratic League starts gaining more ground in the court of public opinion.
"Yet I am here, and here I shall remain to behold the world in all it's beauty"

"The world is but a stage. Why cry, when you can laugh instead? For laughter is humanity's preserve. Laugh it all off, fret not, Let's just enjoy the moment."
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Messages In This Thread
Malivia - by Zanz - 25-08-2024, 12:22 PM
RE: Malivia - by Polites - 21-05-2025, 11:31 AM
RE: Malivia - by Polites - 28-05-2025, 03:13 PM
The Malivian Herald - by Novice_Everything - 04-01-2026, 02:20 PM
RE: Malivia - by Elena1012 - 06-07-2026, 01:23 AM
RE: Malivia - by Elena1012 - 08-07-2026, 02:13 AM
RE: Malivia - by Elena1012 - 11-07-2026, 03:15 AM
RE: Malivia - by Elena1012 - 15-07-2026, 02:41 AM
RE: Malivia - by Elena1012 - 17-07-2026, 12:34 AM