Is Coronavirus (COVID-19) Destroy Human society
Is Coronavirus (COVID-19) Destroy Human society?
Is it the end of the world
All web searches like yahoo, google, internet explorer, etc. shows the devastating reality of coronavirus that how it kills thousands of peoples overall world. All countries face the market crash the stock market also crashes.
Over 50% of India Inc sees the impact on ops, 80% witness fall in cash flow. In the wake of the novel coronavirus (COVID-19) outbreak, over 50 percent of Indian companies see the impact on their operations and nearly 80 percent have witnessed a decline in cash flows, says a survey.
The GDP of Indian has its lowest 4.7 percent growth in 10 years. The economy of India falls day by day and affected adversely. The factories, shops, stores, markets, etc. got shutdown which affects the economy.
The daily-wages worker is brutally affected they have no money to feed themselves and their children. They have no other option except to migrate to their village or home town because in metropolitan cities they have no way no generate money and food.
Impact on India
Over 50% of India Inc sees the impact on ops, 80% witness fall in cash flow. In the wake of the novel coronavirus (COVID-19) outbreak, over 50 percent of Indian companies see the impact on their operations and nearly 80 percent have witnessed a decline in cash flows, says a survey.The GDP of Indian has its lowest 4.7 percent growth in 10 years. The economy of India falls day by day and affected adversely. The factories, shops, stores, markets, etc. got shutdown which affects the economy.
The daily-wages worker is brutally affected they have no money to feed themselves and their children. They have no other option except to migrate to their village or home town because in metropolitan cities they have no way no generate money and food.
Is Lockdown a good decision?
Not only in India but also in other countries take the decision of lockdown which is a very great decision because if the government does not take the decision now to stop the spread of coronavirus then the coronavirus will spread like air and kill millions of peoples which cause a bad impact on the economy of the world.
So follow the rules of lockdown and maintain the social-distancing to avoid the spread of this virus.
Impact on economy
The economy of all countries has fallen down and markets got crashed. The Sensex and Nifty have also get lowered.
The share market also crashes and all the investors had to face the loss in their assets.
The real-estate also affected at this time no one is interested in buying the lands to the buildings which cause a great loss for the brokers and the other investors who have only one income source.
Impact on transports
Because of the lockdown, the transport system has also stuck. No one is traveling from the buses or autos which decreases the vehicle's movement all truck drivers and auto drivers have died because they have no money to buy food and other essential commodities.
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