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<!DOCTYPE html>
<html lang="en">
<head>
<meta charset="UTF-8">
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<meta name="viewport" content="width=device-width, initial-scale=1.0">
<link rel="preload" href="https://fonts.googleapis.com/css2?family=Outfit:wght@400;500;700;900&display=swap"
as="style" onload="this.onload=null;this.rel='stylesheet'">
<noscript>
<link href="https://fonts.googleapis.com/css2?family=Outfit:wght@400;500;700;900&display=swap" rel="stylesheet">
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integrity="sha384-xOolHFLEh07PJGoPkLv1IbcEPTNtaed2xpHsD9ESMhqIYd0nLMwNLD69Npy4HI+N" crossorigin="anonymous">
<link rel="stylesheet" href="/assets/css/main.css?v=20">
<link rel="stylesheet" href="/assets/css/impact.css">
<link rel="icon" href="/assets/logo/CoviUlt.jpg" type="image/jpg">
<link rel="stylesheet" href="https://cdnjs.cloudflare.com/ajax/libs/font-awesome/5.15.2/css/all.min.css">
<title>Impact | CoviUlt</title>
</head>
<body>
<!-- navbar start -->
<nav class="header shadow-lg p-3 bg-white rounded">
<div class="logo"><a href="/" class="logo-link">CoviUlt</a></div>
<div class="header-links">
<a class="underline" href="/">Home</a>
<a class="underline" href="/impact.html">Impact</a>
<a class="underline" href="/vaccine.html">Vaccine</a>
<a class="underline" href="/history.html">History</a>
<a class="underline" href="/know-more.html">Know More</a>
</div>
</nav>
<nav class="mobile-menu shadow-lg p-3 bg-white rounded sticky-top w-100">
<div class="container-nav">
<div class="logo px-3"><a href="/" class="logo-link">CoviUlt</a></div>
<input type="checkbox" class="toggle">
<div class="hamburger"><span></span></div>
<div class="menu">
<ul class="menu-links">
<li><a class="underline" href="/">Home</a></li>
<li><a class="underline" href="/impact.html">Impact</a></li>
<li><a class="underline" href="/vaccine.html">Vaccine</a></li>
<li><a class="underline" href="/history.html">History</a></li>
<li><a class="underline" href="/know-more.html">Know More</a></li>
</ul>
</div>
</div>
</nav>
<!-- navbar ends -->
<div class="bg-brand">
<section class="panel home row gx-5 overflow-hidden align-items-center d-flex justify-content-between"
data-section-name="home" id="land_impact">
<div class="col-lg-6">
<h5>The impact of coronavirus pandemic has been largely disruptive in terms of economic
activity as
well as a loss of human lives. Almost all the sectors have been adversely affected as domestic
demand
and exports sharply plummeted with some notable exceptions where high growth was observed. An
attempt is
made to analyze the impact and possible solutions for some key sectors.</h5>
</div>
<div class="col-lg-4 col-md-6" id="image" data-aos="fade-up" data-aos-duration="1500">
<img class="img-fluid position-relative" src="/assets/images/hero.png" alt="Covid 19">
</div>
</section>
<div class="scroll">
<i class="fas fa-chevron-down fa-2x"></i>
</div>
<section class="panel align-content-center panel1 row gx-5 align-items-center d-flex justify-content-between"
data-section-name="Agriculture">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/agriculture.png" alt="Agriculture image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Food & Agriculture</h3>
<p>
Since agriculture is the backbone of the country and a part of the government announced essential
category,
the impact is likely to be low on both primary agricultural production and usage of agro-inputs. Several
state governments have already allowed free movement of fruits, vegetables, milk etc. Online food
grocery
platforms are heavily impacted due to unclear restrictions on movements and stoppage of logistics
vehicles.
RBI and Finance Minister announced measures will help the industry and the employees in the short term.
Insulating the rural food production areas in the coming weeks will hold a great answer to the macro
impact
of COVID-19 on Indian food sector as well as larger economy.
</p>
</div>
</section>
<section
class="panel align-content-center panel2 row gx-5 overflow-hidden align-items-center d-flex justify-content-between inner"
data-section-name="Tourism">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/tourism.png" alt="Tourism image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Aviation & Tourism</h3>
<p>
The contribution of the Aviation Sector and Tourism to our GDP stands at about 2.4% and 9.2%
respectively.
The Tourism sector served approximately 43 million people in FY 18-19. Aviation and Tourism were the
first
industries that were hit significantly by the pandemic. The common consensus seems to be that COVID will
hit
these industries harder than 9/11 and the Financial Crisis of 2008. These two industries have been
dealing
with severe cash flow issues since the start of the pandemic and are staring at a potential 38 million
lay-offs, which translates to 70 per cent of the total workforce. The impact is going to fall on both,
White
and Blue collar jobs. According to IATO estimates, these industries may incur losses of about 85 billion
Rupees due to travel restrictions. The Pandemic has also brought about a wave of innovation in the
fields of
contactless boarding and travel technologies.
</p>
</div>
</section>
<section
class="panel align-content-center panel3 row gx-5 overflow-hidden align-items-center d-flex justify-content-between inner"
data-section-name="Telecom">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/Telecom.png" alt="Telecom image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Telecom</h3>
<p>
There has been a significant amount of changes in the telecom sector of India even before the Covid-19
due to brief price wars between the service providers. Most essential services and sectors have
continued to run during the pandemic thanks to the implementation of the ‘work from home’ due to
restrictions. With over 1 billion connections as of 2019, the telecom sector contributes about 6.5 per
cent of GDP and employs almost 4 million people. Increased broadband usage had a direct impact and
resulted in pressure on the network. Demand has been increased by about 10%. However, the Telco’s are
bracing for a sharp drop in adding new subscribers. As a policy recommendation, the government can aid
the sector by relaxing the regulatory compliances and provide moratorium for spectrum dues, which can be
used for network expansions by the companies.
</p>
</div>
</section>
<section
class="panel align-content-center panel4 row gx-5 overflow-hidden align-items-center d-flex justify-content-between inner"
data-section-name="Pharmaceuticals">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/pharmaceuticals.png"
alt="Pharmaceuticals image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Pharmaceuticals</h3>
<p>
The pharmaceutical industry has been on the rise since the start of the Covid-19 pandemic, especially in
India, the largest producer of generic drugs globally. With a market size of $55 billion during the
beginning of 2020, it has been surging in India, exporting Hydroxychloroquine to the world, esp. to the
US, UK, Canada, and the Middle-East.There has been a recent rise in the prices of raw materials imported
from China due to the pandemic. Generic drugs are the most impacted due to heavy reliance on imports,
disrupted supply-chain, and labour unavailability in the industry, caused by social distancing.
Simultaneously, the pharmaceutical industry is struggling because of the government-imposed bans on the
export of critical drugs, equipment, and PPE kits to ensure sufficient quantities for the country. The
increasing demand for these drugs, coupled with hindered accessibility is making things harder. Easing
the financial stress on the pharmaceutical companies, tax-relaxations, and addressing the labour force
shortage could be the differentiating factors in such a desperate time.
</p>
</div>
</section>
<section
class="panel align-content-center panel5 row gx-5 overflow-hidden align-items-center d-flex justify-content-between inner"
data-section-name="Fuel">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/fuel.png" alt="Fuel image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Oil and Gas</h3>
<p>
The Indian Oil & Gas industry is quite significant in the global context – it is the third-largest
energy consumer only behind USA and Chine and contributes to 5.2% of the global oil demand. The complete
lockdown across the country slowed down the demand of transport fuels (accounting for 2/3rd demand in
oil & gas sector) as auto & industrial manufacturing declined and goods & passenger movement (both bulk
& personal) fell. Though the crude prices dipped in this period, the government increased the excise and
special excise duty to make up for the revenue loss, additionally, road cess was raised too. As a policy
recommendation, the government may think of passing on the benefits of decreased crude prices to end
consumers at retail outlets to stimulate demand.
</p>
</div>
</section>
<section
class="panel align-content-center panel6 row gx-5 overflow-hidden align-items-center d-flex justify-content-between inner"
data-section-name="Older Persons">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/Older_Persons.png"
alt="Older Persons image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Older Persons</h3>
<p>
Older persons are particularly susceptible to the risk of infection from COVID-19, especially those with
chronic health conditions such as hypertension, cardiovascular disease and diabetes.
Older persons are not just struggling with greater health risks but are also likely to be less capable
of supporting themselves in isolation. Although social distancing is necessary to reduce the spread of
the disease, if not implemented correctly, such measures can also lead to increased social isolation of
older persons at a time when they may be at most need of support.
</p>
</div>
</section>
<section
class="panel align-content-center panel7 row gx-5 overflow-hidden align-items-center d-flex justify-content-between inner"
data-section-name="Persons with Disabilities">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/Persons_with_Disabilities.png"
alt="Persons with Disabilities image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Persons with Disabilities</h3>
<p>
Even at the best of times, persons with disabilities face challenges in accessing health-care services,
due to lack of availability, accessibility, affordability, as well as stigma and discrimination. The
risks of infection from COVID-19 for persons with disabilities are compounded by other issues, which
warrant specific action: disruption of services and support, pre-existing health conditions in some
cases which leave them more at risk of developing serious illness or dying, being excluded from health
information and mainstream health provision, living in a world where accessibility is often limited and
where barriers to goods and services are a challenge, and being disproportionately more likely to live
in institutional settings.
</p>
</div>
</section>
<section
class="panel align-content-center panel8 row gx-5 overflow-hidden align-items-center d-flex justify-content-between inner"
data-section-name="Youth">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/youth.png" alt="Youth image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Youth</h3>
<p>
Many governments have called on youth to embrace the effort to protect themselves and the overall
population. Youth are also in a position to help those who are most vulnerable, and to aid in increasing
public health social awareness campaigns among their communities. Thus, youth are critical to limiting
the virus’s spread and its impact on public health, society, and the economy at large.
More than one billion youth are now no longer physically in school after the closure of schools and
universities across many jurisdictions. The disruption in education and learning could have medium and
long-term consequences on the quality of education, though the efforts made by teachers, school
administrations, local and national governments to cope with the unprecedented circumstances to the best
of their ability should be recognized.
</p>
</div>
</section>
<section
class="panel align-content-center panel9 row gx-5 overflow-hidden align-items-center d-flex justify-content-between inner"
data-section-name="Families">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/families.png" alt="Families image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Families</h3>
<p>
Specifically, the COVID-19 pandemic has posed new threats to families through social isolation due to
physical distancing measures, financial and employment insecurity, housing instability and changes to
health and social care access. These shifts have profoundly interrupted the systems and structures that
previously operated to both support the mental health and well-being of families and mitigate the risks
that contribute to health and social inequities. During the pandemic, many parents have experienced
increased pressures and erosions to social supports, with implications for their mental health.
</p>
</div>
</section>
<section
class="panel align-content-center panel10 row gx-5 overflow-hidden align-items-center d-flex justify-content-between inner"
data-section-name="Indigenous Peoples">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/Indigenous_Peoples.png"
alt="Indigenous Peoples image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Indigenous Peoples</h3>
<p>
Indigenous peoples are particularly vulnerable at this time due to significantly higher rates of
communicable and non-communicable diseases, lack of access to essential services, absence of culturally
appropriate healthcare, and if any, under-equipped and under-staffed local medical facilities.The first
point of prevention is the dissemination of information in indigenous languages, thus ensuring that
services and facilities are appropriate to the specific situation of indigenous peoples, and all are
reached.The large number of indigenous peoples who are outside of the social protection system further
contributes to vulnerability, particularly if they are dependent on income from the broader economy –
produce, tourism, handicrafts and employment in urban areas. In this regard, Governments should ensure
that interim financial support measures include indigenous peoples and other vulnerable groups.
</p>
</div>
</section>
<section
class="panel align-content-center panel11 row gx-5 overflow-hidden align-items-center d-flex justify-content-between inner"
data-section-name="Beyond Covid">
<div class="col-lg-4 col-md-6 impact-img">
<img class="img-fluid position-relative" src="/assets/images/Beyond_Covid.png" alt="Beyond Covid image">
</div>
<div class="col-lg-6">
<p></p>
<h3>Beyond Covid: The new normal</h3>
<p>
In view of the scale of disruption caused by the pandemic, it is evident that the current downturn is
fundamentally different from recessions. The sudden shrinkage in demand & increased unemployment is
going to alter the business landscape. Adopting new principles like ‘shift towards localization, cash
conservation, supply chain resilience and innovation’ will help businesses in treading a new path in
this uncertain environment.
</p>
</div>
</section>
</div>
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