Blogs

An ongoing pandemic of unprecedented proportions, Covid-19 has impacted lives and livelihoods across the globe. Even as the best minds in the world race towards finding preventive and curative solutions to combat and curb the spread of the novel coronavirus, the current crisis has been an eye-opener to several opportunities that have presented themselves during this time.

While Covid-19 has put the world in a major humanitarian crisis, it also has ravaged the foundations of our globalised economy. Possibly every country, big or small, has been impacted by this virus. This pandemic has led to deep supply and demand shocks, thereby disrupting international trade, and imposing severe economic pain. Economists at World Trade Organization project world merchandise trade volumes to fall by 13% to 32% (the fall was 12% at the peak of 2008 crisis) depending on how the crisis evolves.

The Narendra Modi government’s Atmanirbhar Abhiyan Package, worth almost Rs 21 lakh crore, is an opportunity to kickstart Make in India 2.0. Apart from allaying near-term working capital andThe Narendra Modi government’s Atmanirbhar Abhiyan Package, worth almost Rs 21 lakh crore, is an opportunity to kickstart Make in India 2.0.

The Covid-19 pandemic has brought to heel the most powerful nations in the world and ground life to a standstill. India too is currently in Lockdown 4.0 and struggling to combat the spread of the virus. However, sooner or later, a vaccine or cure will be found, and life as we know it will go back to what it was, or should it? Surely, Covid-19 is not the last pandemic in human history. Every hour there is a new development in technology, similar upgrades are also required for our mental, physical, and ethical well-being. Are we progressing or are we regressing?

As a by-product of the Covid-19 pandemic and infodemic, we are confronted with a battle against untamed emotions.