Impact of COVID-19 on Business
Impact of COVID-19 on Business COVID - 19 India today has a populace of around 138 crores. Of this, about 75% or about 100+ crore are supposed to be in the working-age, normally determined at over 15 years. Taking the broadest meaning of work to incorporate any sort of paid work, formal or casual – pay, everyday compensation or independent work, in February 2020, pre-coronavirus pandemic and the national lockdown, about 40.4 crore Indians were utilized, according to CMIE. By then, 3.4 crores were assessed to be jobless. The CMIE report, fourteen days into the lockdown hailed some disturbing numbers. The CMIE evaluated that solitary 27.7 percent of the working-age populace (103 crores, by the report) was utilized not long after the lockdown started. That means 28.5 crores. In this way, inside about fourteen days, the quantity of productively utilized descended from 40.4 crores to 28.5 crores, a drop of 11.9 crores. That essentially implie