Question

" THE IMPACT OF COVID - 19 " IN 100 WORDS...

not less than 100 words.

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Answer 1

Answer:

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.

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Answer 2

Answer:

As per the official government guidelines, India is making preparations against the COVID-19 outbreak, and avoiding specific crisis actions or not understating its importance will have extremely severe implications. All the neighboring countries of India have reported positive COVID-19 cases. To protect against the deadly virus, the Indian government have taken necessary and strict measures, including establishing health check posts between the national borders to test whether people entering the country have the virus (17). Different countries have introduced rescue efforts and surveillance measures for citizens wishing to return from China. The lesson learned from the SARS outbreak was first that the lack of clarity and information about SARS weakened China's global standing and hampered its economic growth (10, 18–20). The outbreak of SARS in China was catastrophic and has led to changes in health care and medical systems (18, 20). Compared with China, the ability of India to counter a pandemic seems to be much lower. A recent study reported that affected family members had not visit the Wuhan market in China, suggesting that SARS-CoV-2 may spread without manifesting symptoms (21). Researchers believe that this phenomenon is normal for many viruses. India, with a population of more than 1.34 billion—the second largest population in the world—will have difficulty treating severe COVID-19 cases because the country has only 49,000 ventilators, which is a minimal amount. If the number of COVID-19 cases increases in the nation, it would be a catastrophe for India (22). It would be difficult to identify sources of infection and those who come in contact with them. This would necessitate multiple strategies to handle the outbreak, including computational modeling as well as statistical and quantitative analyses, to rapidly develop new vaccines and drug treatments. With such a vast population, India's medical system is grossly inadequate. A study has shown that, owing to inadequate medical care systems, nearly 1 million people die every year in India (23). India is also engaged in trading with its nearby countries, such as Bangladesh, Bhutan, Pakistan, Myanmar, China, and Nepal. During the financial year 2017–18 (FY2017–18), Indian regional trade amounted to nearly $12 billion, accounting for only 1.56% of its total global trade value of $769 billion. The outbreak of such viruses and their transmission would significantly affect the Indian economy. The outbreak in China could profoundly affect the Indian economy, especially in the sectors of electronics, pharmaceuticals, and logistics operations, as trade ports with China are currently closed. This was further supported by the statement by Suyash Choudhary, Head—Fixed Income, IDFC AMC, stating that GDP might decrease owing to COVID-19

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