Section 144 has been already imposed in Nagpur, all the shops, restaurants and any place in the city which would attract a crowd have been shut down. Why? A simple fact that revolves around the safety of people and to be more clear, to avoid the spreading of novel corona virus. Strict actions were implemented during closure of the whole city market and announcements were made by the patrolling vans.
All the rush has been settled for now but their are few, who still are working with a clocks hand. Regardless of the infection, irrespective of what has to be avoided this working class are headed everyday to their desks.
Employees at the firms of IT park, MIDC Wadi, MIDC Butibori have all been asked to work as per the regular schedule. Besides this layer of society, doctors who are in continuous contact of patients diagnosed with COVID-19, police authorities in the city to keep an eye on happenings around the corner are also exposed open to atmosphere which now may contain viruses (mark that itâ€™s a may or may not situation).
In recent article by an English daily it was mentioned that the few Information Technology (IT) and Biotechnology (BT) companies are scared of their continuity in business that they have not allowed their employees to work from home. It is also a matter of lookout and this has a much larger effect in Indian Workplace. Most of the companies donâ€™t believe at all in this concept of â€œWork from homeâ€ and want their employees to be physically present at the office.
To which few have also said â€œworking from home is not our culture. The two concepts are antithetical each other in every meaningâ€.
But coming to the first point about hitting the extent of business if employees work from home. A simple move but so much for an effort, these companies seems worried a lot. About dropping their point in their particular businesses thatâ€™s how our economy has been hit and hard with a bottomless drop.
Thursday afternoon the Sensex had been dropped by over 1,700 points. Experts believe that the current lockdown situation has played a vital role in recent imbalance of the share market. There are 6 top factors that may have also affected the shares but all of them again revolve around COVID-19.
Although, the world has accepted that this situation has a lot to bring down the bulls of stock market on their knees there are few who have already announced in Rajya Sabha about India having a much stable economy despite of COVID-19 entering the Indian markets.