The Approach Economies Must Take to Protect Themselves from Covid-19
Five months into 2020 and thanks to Covid-19 the India economy is in a catastrophic tailspin. The novel coronavirus can cause severe respiratory problems and in more complicated cases, prove to be fatal; unfortunately, the disease has affected economies similarly. Most sectors have been adversely affected by the pandemic and are in distressed situations, unsure of their survival, at least in the short term. While sectors like travel and tourism, and hospitality have taken a major hit, others such as automobiles, oil and gas, industrial tools, etc., are barely scraping through.