How to restart the economy during COVID-19!
ECONOMY & POLICY

How to restart the economy during COVID-19!

Our Prime Minister has spoken. The lockdown has been extended to May 3, 2020. Millions of Indians are feeling let down with the extension of the lockdown. This ‘Lockdown’ hurt thousands of migrant workers  hard but eased the pressure on the health workers who are hard pressed to handle mounting patients. But how is life going to restart once the lockdown is removed? Do you think it will be business as usual? The lockdown has not solved anything. It has eased the pressure on our healthcare system by limiting the infections. The new normal will begin unfolding once the lockdown is lifted.

It is clear, that the new normal, until the vaccine is made available for citizens, much after the lockdown has been lifted, would include:

  • Home delivery
  • E-commerce
  • Digital banking
  • Video calls and Zoom/Skype meetings
  • Webinars
  • 25 per cent attendance in offices, public transport, public places
  • Sanitisation zones before you enter any commercial establishment
  • 20 per cent of traffic for travel and hospitality and so soaring air fares
  • Retail: 100 per cent essentials and groceries and 25 per cent on other items if not through e-commerce.
  • But with the GDP growth being projected at under 2 per cent, India needs to commence work for economic reasons by insulating itself from the vicious impact of the pandemic.

    Also read:
    Download Ministry of Home Affairs Order.
    Is the government doing enough to handle the crisis?
    Construction and Infrastructure can kickstart the economic engines 
    But what about small businesses? 
    How will the future Post-COVID19 unfold? 

    About the Author: A chartered account by qualification, Pratap Padode is the founder of ASAPP Info Global Group and his passion for infrastructure over last 20 years is reflected in the innovative thought leadership through 10 specialised journals, conferences and awards organised in the fields of construction, infrastructure and engineering. CONSTRUCTION WORLD was the first journal that he began with over 20 years ago. Further, he is the Founder & Executive Director of FIRST (Foundation of Infrastructure Research Studies Training), which was set up in 2003, that brings out research reports and newsletters on various infrastructure segments. He received the CIDC Vishwakarma Award 2010 for his research in the construction sector. Since early 2014, he has been promoting the cause of smart cities in India and is now Founder & Executive Director of the Smart Cities Council Ind

    Our Prime Minister has spoken. The lockdown has been extended to May 3, 2020. Millions of Indians are feeling let down with the extension of the lockdown. This ‘Lockdown’ hurt thousands of migrant workers  hard but eased the pressure on the health workers who are hard pressed to handle mounting patients. But how is life going to restart once the lockdown is removed? Do you think it will be business as usual? The lockdown has not solved anything. It has eased the pressure on our healthcare system by limiting the infections. The new normal will begin unfolding once the lockdown is lifted. It is clear, that the new normal, until the vaccine is made available for citizens, much after the lockdown has been lifted, would include: Home delivery E-commerce Digital banking Video calls and Zoom/Skype meetings Webinars 25 per cent attendance in offices, public transport, public places Sanitisation zones before you enter any commercial establishment20 per cent of traffic for travel and hospitality and so soaring air fares Retail: 100 per cent essentials and groceries and 25 per cent on other items if not through e-commerce. But with the GDP growth being projected at under 2 per cent, India needs to commence work for economic reasons by insulating itself from the vicious impact of the pandemic. Also read:Download Ministry of Home Affairs Order. Is the government doing enough to handle the crisis? Construction and Infrastructure can kickstart the economic engines  But what about small businesses? How will the future Post-COVID19 unfold?  About the Author: A chartered account by qualification, Pratap Padode is the founder of ASAPP Info Global Group and his passion for infrastructure over last 20 years is reflected in the innovative thought leadership through 10 specialised journals, conferences and awards organised in the fields of construction, infrastructure and engineering. CONSTRUCTION WORLD was the first journal that he began with over 20 years ago. Further, he is the Founder & Executive Director of FIRST (Foundation of Infrastructure Research Studies Training), which was set up in 2003, that brings out research reports and newsletters on various infrastructure segments. He received the CIDC Vishwakarma Award 2010 for his research in the construction sector. Since early 2014, he has been promoting the cause of smart cities in India and is now Founder & Executive Director of the Smart Cities Council Ind

    Next Story
    Real Estate

    AIDO Launches Smart Hotel Lock for Hospitality Spaces

    AIDO, an endorsed brand of dormakaba, has launched the AIDO Hotel Lock, designed to improve secure and seamless access management across hotels, serviced residences and institutional spaces. The solution combines smart security, operational efficiency and contemporary design to support modern hospitality requirements.The lock features integrated electronic mortise functionality, reverse lifting handle locking and compatibility with third-party property management system platforms, enabling smoother room access and check-in operations. Powered by 6V DC with four AA alkaline batteries, it offers..

    Next Story
    Real Estate

    Häfele Unveils Zenith Digital Lock

    Häfele has introduced the Zenith Digital Lock, designed to enhance home security through smart technologies and versatile locking functions. Finished in Black and Grey, the lock blends with modern interiors while offering a refined, tech-enabled access experience.The lock features Smart Password technology for secure access and added protection against password tracing. Its Smart Voice function provides guided assistance for easy operation, while Smart Freeze temporarily disables access after multiple incorrect attempts, strengthening safety and control.The Zenith Digital Lock also offers mul..

    Next Story
    Infrastructure Urban

    KBL Revenue Rises 11 Per Cent in Q4 FY26

    Kirloskar Brothers Limited reported consolidated revenue from operations of Rs 14.15 billion for Q4 FY26, compared to Rs 12.81 billion in Q4 FY25, registering around 11 per cent year-on-year growth. Consolidated Profit Before Tax stood at Rs 1.47 billion, against Rs 1.27 billion in the corresponding quarter last year. Profit After Tax stood at Rs 1.04 billion, compared to Rs 1.12 billion in Q4 FY25.For FY26, consolidated revenue from operations stood at Rs 45.38 billion, compared to Rs 44.92 billion in FY25. Consolidated Profit After Tax for the year was Rs 3.61 billion, against Rs 4.03 billio..

    Advertisement

    Subscribe to Our Newsletter

    Get daily newsletters around different themes from Construction world.

    STAY CONNECTED

    Advertisement

    Advertisement

    Advertisement