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{"cover_pic":"https:\/\/cdn.stumagz.com\/images\/5ecfdc5522284stryimg","category":"whats hot","is_vip":"0","title":"Trade off between economy and months of strict lockdown due to corona virus","title_id":"trade-off-between-economy-and-months-of-strict-lockdown-due-to-corona-virus","isEdit":0,"isAdmin":0,"authorFullName":"Charan Elluru","authorUserName":"charan165","authorProfilePic":"\/\/cdn.stumagz.com\/images\/stumagzprofilepic","authorMagzName":"Sri Krishnadevaraya University","authorCity":"Anantapur","like_count":2,"cmnt_count":2,"type":1,"isApproved":2,"publishedInName":"Sri Krishnadevaraya University","publishedInLink":"sku","publishedInLogo":"\/\/cdn.stumagz.com\/images\/56f932430f408profilepic","publishedInCode":"sku","country":"IND","keywords":"Coronavirus,Lockdown,Economy,COVID19,Social-distancing,Quarantine","isBookingEnabled":0,"privacy_status":"1","url":"https:\/\/www.stumagz.com\/trade-off-between-economy-and-months-of-strict-lockdown-due-to-corona-virus\/","has_form":0,"is_appln_closed":0,"max_no_of_applns":0,"likeStatus":0}

[{"data":"<p>Trade Off Between Economy and Coronavirus Lockdown<\/p>","type":"txt","id":1590680287637},{"data":"<p>India is among the 15 most affected economies due to the coronavirus pandemic.\n\nThe trade impact of the coronavirus epidemic for India is estimated to be about 348 million dollars and the country figures among the top 15 economies most affected countries.\n\nThe most affected economies are the European Union (USD 15.6 billion), the United States (USD 5.8 billion), Japan (USD 5.2 billion), South Korea (USD 3.8 billion), Taiwan Province of China (USD 2.6 billion) and Vietnam ( USD 2.3 billion).\n\nThe trade impact for India is less as compared to other economies such as EU, the US, Japan and South Korea. Trade impact for Indonesia is 312 million dollars.\n\nFor India, the trade impact is estimated to be the most for the chemicals sector at 129 million dollars, textiles and apparel at 64 million dollars, automotive sector at 34 million dollars, electrical machinery at 12 million dollars, leather products at 13 million dollars, metals and metal products at 27 million dollars and wood products and furniture at 15 million dollars.\n\nIn addition to serious threats to human life, the coronavirus outbreak carries serious risks for the global economy.Any slowdown in manufacturing in one part of the world will have a ripple effect in economic activity across the globe because of regional and global value chains.\n\nThe estimated global effects of COVID-19 are subject to change depending on the containment of the virus and or changes in the sources of supply.\n\nSo right now, we\u2019re not clear on where it will go \u2014 a lot will depend on what happens with COVID-19; if they are able to come up with a vaccine then, hopefully it will end very quickly, but if not, the impact can be severe.<\/p>","type":"txt","id":1590680508122},{"data":"<p>IDEAL WAYS TO COMBAT CORONAVIRUS<\/p>","type":"txt","id":1590680598398},{"data":"<p>The fight against CORONAVIRUS also known as SARS(Severe Acute Respiratory Syndrome) COVID-19 has been compared to fighting a war with an insidious, dangerous, but invisible enemy. We need to carefully make the strategy to combat against the coronavirus\n\nThe lockdown in most states and Union Territories is causing a medical and a humanitarian situation. Thousands of migrant labourers are returning home from different cities and towns,because workplaces are closed.Simultaneously, the number of people affected by COVID-19 is increasing, as are deaths, though absolute numbers are still low.\n\nWhile these are extraordinary times, the State must provide basic needs such as food, shelter, generous treatment and timely send them back home.\n\nAllow People To Return Home\n\nThe central government has done a remarkable job in bringing back hundreds of students and other Indian citizens in foreign lands who are in helpless position, with due precautions to ensure that they do not become carriers and spreadng agents of the virus in the country.\n\nHaving done that, we cannot leave behind labourers and migrant workers on our highways to defend for themselves, when all shops, organizations and services are closed.\n\nThis will create a crisis that may be worse than the one we seek to fight, as we try to defend the COVID-19 pandemic. In view of difficulties faced by these thousands of internal migrants, and the fact that, as many scientists have warned, the transmission of the virus is unlikely to stop anytime soon, the Central and state governments must make arrangements to bring them home safely.\n\nExpand Testing\n\nThe number of people currently being tested is small, while the number under lockdown is huge. While providing a interval for a short period, this is not sustainable, and as many experts have pointed out, may lead to rise again after the lockdown is relaxed. We need to progressively reverse this situation: Have much more expanded testing with severe promotion of social distancing and fewer people under lockdown. Currently, only about 100 laboratories, almost all located in large cities, provide testing facilities for COVID-19.\n\nStrengthen Primary Health Care(PHC)\n\nWe need to prepare ahead to provide health care to large numbers of patients requiring it. As revealed by a review of about 160,000 patients from China and Italy, 90-95 per cent of patients would be managed at home or in primary care settings, and only 5-10 per cent would require in-patient care. Of the latest information,about 30 per cent would require critical care, while 70 per cent would require supportive care and oxygen. Even in the best of health systems, the mortality rate among those who require critical care is upwards of 50 per cent. So, it is clear that primary care would be extremely critical in providing care to and preventing deaths of large numbers of patients through providing supportive care and oxygen.<\/p>","type":"txt","id":1590680610332}]

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