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Puru BhatnagarTop Contributor
Business Analyst, Entrepreneur, Business developer, Marketer

So this is my view on the relief package given by government to poor people during this pandemic outbreak.

This is true that developing nations liks India are struggling more as the the economy is slowly growing and expanding but in this outbreak has imposed a lockdown on it many daily wage worked find it difficult for them to survive and the decision that government take to help them is appreciable.

But if we look at the other side of this package which is posing a big hurdel for the economy in coming days is big.

As we know before this pandemic Indian economy is also suffering from slow growth and the manufacturing sector was also suffering from bad growth and then this lockdown.

If we also look at the middle class of the country there were not much announcement made for them too, the exemption from paying loans installment was made but the interest will be added in the original amount.

so overall what i want to say is that although the announcement for such packages is a need for an hour but at the same time the impact it is going to have on economy will be significant.

 

 

Puru BhatnagarTop Contributor
Business Analyst, Entrepreneur, Business developer, Marketer

Yes, I have asked this question and I believe that this is not going to be happened in near time.

Although every country is backing against China of how a mistake made by such a big and strong country is even possible and is it well planned. Though there are many theory which may make uou prove that only China is culprit but we should also not overlook a point that still the truth is not revealed and we should not make up our mind.

But the reson why I think so that it is impossible that every country in this world will stop trading with china is due to some reasons which are:

  1. The tax law.
  2.  Its world class logistic services.
  3. Cheap labour cost.

Although the last point can also be covered by some other country like India but the cheap transportation cost which proves to be a game changing point is still missing.

But still if that happened it will give an earthquake of ricter scale 8 to the economy of china and the result will be devastating.

 

 

 

 

Puru BhatnagarTop Contributor
Business Analyst, Entrepreneur, Business developer, Marketer

This is for aure that the things will gonna change when this pandemic willl get over.

The lifestyle, way of doing business, the way we meet people all will gonna change.

According to experts there will be a heavy job loss for people and yes that's right, we are seeing jobs. offer getting revoked, employees are getting fired.

But one should be well prepared for what is keeping after this.

Experts believe that companoes will gonna hire those who are good in their core and there will be less demand for permanent jobs more focus willl be given on freelancing and contract base.

Industry like OTT, health, hygiene, e-commerce, physical fitness will find a great expansion in their work.

Experts also belive that digital marketing and content writing industries will see a boom in recent time.

Lets see what will the result but right now the major challenge is to take care of ourself and our family.

 

Puru BhatnagarTop Contributor
Business Analyst, Entrepreneur, Business developer, Marketer

with this coronavirus pandemic, everything is in lookdown from daily wage worker to high management of companies is having tension about what will happen when this outbreak gets out.

We all know that there will be tough time after this pandemic and we should not overlook that this fight is long.

Now the major topic is unemployment which has already a major issue in our country and would now find ways to expand more.

The most affected sector will be the export one.

As all the borders are sealed and no even the cities are in lockdown so no orders are placed and so the business are not working well.

As this sector in India provides jobs to many people from every section of the society.

So it is true that the sector which is expected to be hit hard is export.