Measures to Save the Economy

The Covid-19 pandemic has caused a severe blow to the global economy. Governments of all the countries of the world are working day and night towards its control and solution. India was trying to recover from the economic downturn of the previous year, when Covid-19 struck and put an end to its industrial and commercial momentum. About 125 countries of the world, including the United States (US), India, Singapore, Australia and many others have been caught in the disease’s net. The only effective solution is lockdown for the control of the disease. This crisis has derailed the economy of all developed and developing countries, and it is difficult for underdeveloped countries to cope up in the next few years.

The disease, which originated in China, started in December 2019. By February 2020, the disease started being controlled there, and from March, industrial and commercial activities were resumed there. In this way, life in China is returning to its routine. In contrast, the disease appears to be out of control in some countries, including Italy, Spain, US, Brazil, and Iran. The central and state governments in India are vigorously engaged in efforts to control the pandemic.