At the moment of writing this, worldwide around 2.9 million people affected in which 2 Lakh people died already due to coronavirus pandemic. The impact of coronavirus on the global economy is something we have not seen in our lifetime and it looks like this impact on the global economy is going to long last for several months.
The countries which are topped in the coronavirus affected table are the countries which we dreamt to live in the past decades. But unfortunately today Americans and Europeans are the most affected people on this planet. The worst part is that the impact of the economy on these developed nations will hit developing nations like India badly.
Since MNCies are very much dependent on the people of developed countries for their business, they will suffer financially which may lead to reduce outsourcing their work to Indian companies at a larger scale. They may even think of stopping whatever they feel luxury and run their business with essential services only.
You may witness people suffering without a salary hike, or a reduction in salary, or even job loss in the coming months. This is going to be a tough time, people must prepare themselves both financially and mentally. Do not spend money on luxury needs, even spend money wisely for the essential needs.
You may not get enough money to spend in the upcoming months for your essential needs.
So think twice before spending a hundred rupees note.
The countries which are topped in the coronavirus affected table are the countries which we dreamt to live in the past decades. But unfortunately today Americans and Europeans are the most affected people on this planet. The worst part is that the impact of the economy on these developed nations will hit developing nations like India badly.
Since MNCies are very much dependent on the people of developed countries for their business, they will suffer financially which may lead to reduce outsourcing their work to Indian companies at a larger scale. They may even think of stopping whatever they feel luxury and run their business with essential services only.
You may witness people suffering without a salary hike, or a reduction in salary, or even job loss in the coming months. This is going to be a tough time, people must prepare themselves both financially and mentally. Do not spend money on luxury needs, even spend money wisely for the essential needs.
You may not get enough money to spend in the upcoming months for your essential needs.
So think twice before spending a hundred rupees note.
No comments:
Post a Comment