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Please use this identifier to cite or link to this item: http://dspace.bits-pilani.ac.in:8080/jspui/xmlui/handle/123456789/8877
Title: COVID-19 pandemic! It's impact on people, economy, and environment
Authors: Debata, Byomakesh
Keywords: Economics and Finance
COVID-19
Pandemic
Economy
Environment
Issue Date: Sep-2020
Publisher: Wiley
Abstract: The paper reviews the (a) existing knowledge on corona virus disease (b) policy responses to it, and (c) its impact on the people, economic activities, and environment of India. The pandemic has increased a sense of fear and insecurity among people due to probable job and pay loss. As well, the nationwide lockdown imposed by the government has increased cases of domestic violence and child abuse. The industrial sectors—tourism, aviation, agriculture, construction, retail, hotels, textile, gems/jewellery, fast moving consumer goods (FMCG), manufacturing, and start-ups are temporarily closed leading to a significant revenue loss. Consequently, existence of many sectors and employability of a sizable number of employees is at stake. Despite the economic slowdown, the lockdown has become a boon for the environment to revive due to less pollution and reduced discharge of effluents to water from factories. The policy formulators should consider this as wakeup call and thereby align the people, economy, and environment strategically.
URI: https://onlinelibrary.wiley.com/doi/full/10.1002/pa.2372
http://dspace.bits-pilani.ac.in:8080/xmlui/handle/123456789/8877
Appears in Collections:Department of Economics and Finance

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