Will this lock down take away millions of jobs
Sunil Dagar
Talent Acquisition Manager @ Acute Informatics Pvt. Ltd. | Recruiting Talent with Social Media
The outbreak of Corona virus infection is still spreading at a fast pace throughout the world. By china originated virus has now extended to all over the world .
Almost ,all countries around the world are working hard to develop a vaccine to fight against this havoc.
So far, more than 1.8 million (18L +) corona positive patients have been identified in the world, and more than 1.5L people have lost their lives. In India, More than 9k corona infected patient have been identified and out of which 331 people have lost the lives (pulled this data from Wordometer) . All countries are taking drastic steps to prevent this. The most effective and better step seems to be lock down only. That’s why every countries has locked up their territory
In order to stop spreading this virus it is the government compulsion to impose it forcefully in respective region or state . In such a condition, travelling, transportation,other commercial activities are stopped except for the supply of essential items like milk, vegetables, fruits, and grocery stores, and medical shops, petrol pumps and many other which comes under the essential services .Alongside, People have been requested to stay in the house.
The saying "Na rahenga bans,na na bajegi bansuri" its fits perfectly. Due to the lock down, neither people will come in contact with other people nor will this virus spread.
On the other hand, causing of the lock down around the world the huge economic crisis has also risen. Therefore, India is not untouched by it all over the world. Hence, global economy is running rapidly moving towards severe recession. It is expected that this may be a worse recession than in 2009. Can't say exactly how much the global economy will sink. But it could be worse than ever. We (India) are also in huge economic crises. In order to deal with this economic crisis our government has taken some steps and will take more according to circumstances.
Due to this Crisis many people across the country have lost their jobs and are at risk of many if this will remain continue. Even most businesses are on the verge of closure. In particular they are coming from small industries, among them hotels and restaurants, tour and travel, retail, many other small businesses that employ less than 200 people. In India, employment comes from the organised and unorganised sector, in which more than 90% of the employment comes from the only unorganised sector. In unorganised sector millions are self-employed, daily wage worker who works in construction, manufacturing, Small shop, etc. They all are badly affected because they cannot work from home; they have to go to the spot.
Some corporate have already announced salary cuts. Some have laid off their employees gradually, and some are planning to do
Causing this, millions of salaried class people jobs also are in danger.They usually have EMIs, fixed expenses and other fixed monthly liabilities that they are obligated to do. There is still a danger that millions of jobs may be gone in the coming month. Hence, the government should take necessary steps here, as it can be a matter of survival for many people of the country.
However, the government has taken several meaningful steps proactively for the poor whose house is dependent on daily wage, like government has committed several other steps like they will feed to poor people for the 3 month along with there are many other announcements also been made by them. It will directly benefit to poor people, which will be a great relief for them.
Similarly for the middle class, the monthly "EMI" has been withheld for 3 months, by the respective banks. That is also a big relief for many salaried class people.
However, in such circumstances no one can blame anyone. Because everyone are troubled by this crisis in its own way whether it is an employee or an employer or government either. However ,we all are fighting together to deal with this crisis .The biggest thing is this that there is no end to this crisis at least for the few month or that also a fact, at least at this moment No -one can predict it end. Nevertheless, Sooner or later it will be under control and we will win this battle. It is fixed that all the bad things will come back to normal soon. Nothing is permanent. Hope for the best.
But somehow this crisis has also taught us a lot.
Big salute to all the warriors across the country who stand like a shield and are working day and night to save the lives of the people regardless of their family .
Thanks for reading this.
By Sunil Dagar
Excuse for typo error.