CORONA & INDIA - Life After LOCK DOWN - कोरोना - जिंदगी लॉकडाउन के बाद
Life with Corona Virus....
Looking at the economic damage caused by such incidents in the past, we can tell about any possible effect of the corona virus on the economy.
Not too old, the SARS epidemic spread during the year 2002-03 and it also started in China.
At the moment, China has suffered little economic loss.
Due to this virus whole word is suffering.
Travel restrictions are in force in some parts of the country and there is restrictions on people travel in large numbers.
In this context, India tourism business has already suffered a setback.
The corona virus will have an impact on consumers' spending on entertainment and gifts.
Talking about the entertainment sector, many people will avoid going out of the house and taking part in any activity that threatens their infection.
There is no doubt that many people may have canceled their schedules.
Travel restrictions are a big problem for any business where people and goods travel..
This affects the supply chain of the industry, hinders the delivery of some things and makes some things more expensive.
If people cannot or do not travel for work, then the loss of business is done separately.
Government and private sector health insurance companies will have to bear the cost of treatment of people suffering from Corona virus.
If this epidemic spreads in all over india, it is sure to have some effect, although it will not be on such a large scale.
The effect of the corona virus on the economy depends a lot on how easily the virus can spread and the extent to which there is a possibility of death of those infected.
The good thing is that complete improvement has been seen in many people who get infected by it, although there have been sad exceptions.
It has often been seen that financial markets do not delay much in responding to economic problems.
Because traders who do business here bet on things only by anticipating future developments.
The corona virus has a somewhat negative impact on the world's stock markets, especially in India. But right now the situation is not worrying.
Historical lessons of how to fight Corona can possibly be derived from the SARS epidemic.
India will fight with CORONA👊 And definitely win this battle 🇮🇳
Jay Hind🇮🇳
No comments