Debate on Lockdown is a bane for economy...
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If the huge impact of coronavirus spread on the economy at large, including the loss of wage work to millions of those in the unorganised sector aside, the lockdown measures being implemented by the State government as part of the nation-wide shutdown have come as a blessing in disguise to the two power distribution companies running in losses.
With a major section of commercial establishments such as malls, cinema halls, restaurants and bars, showrooms of all sizes and public transport such as metro rail completely shut, service sectors such as banks, IT and ITES companies curtailing their on-site functioning by allowing as many employees as possible to work from home and many State and Central government offices running with skeletal staff, the demand for energy in the State has been on the slide for over a week now.
“Except the employees whose physical presence is inevitable in the IT and ITES company offices such as networking guys and some operations and maintenance staff the most of managements were allowing work-from-home to as many of their employees as possible to prevent the spread of virus,” G. Siva Darshan, an engineer working for a major IT company, said.
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