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| 1. |
Write a speech on the topic " impact of covid 19 on the globol economy" |
| Answer» If the huge impact of coronavirus spread on the economy at large, including the loss of wage work to millions of those in the unorganised sector aside, the lockdown measures being implemented by the State government as part of the nation-wide shutdown have come as a blessing in disguise to the two power distribution companies running in losses.With a major section of commercial establishments such as malls, cinema halls, restaurants and bars, showrooms of all sizes and public transport such as metro rail completely shut, service sectors such as banks, IT and ITES companies curtailing their on-site functioning by allowing as many employees as possible to work from home and many State and Central government offices running with skeletal staff, the demand for energy in the State has been on the slide for over a week now.On the other hand, the lockdown is boon for many retail vendors of groceries, vegetables and needs of daily life with most of them making a fast buck by jacking up prices. “The present situation is a peculiar example of the two sides of a coin,” the power utility official said. | |