IACC programme to educate people on medical facts of coronavirus
Indo-American Chamber of Commerce (IACC) organized an advisory programme recently to educate people on the medical facts of coronavirus and it’s tangential effect on the Indian economy.
Experts at the event deliberated that the recent coronavirus breakout has led to global scaremongering of a different level altogether. It is at the moment very difficult to decipher the truth from propaganda and there is very little in terms of positivity to make countries feel confident about the road ahead in 2020.
The event was hosted by Naushad Panjwani, president (West Zone), IACC. It also hosted a panel of experts including Dr. Vasant Nagrekar from Lilavati Hospital and Farhat Jamal, group advisor, Hospitality, Hiranandani Communities.
Speaking about the social impact of coronavirus Dr. Nagrekar said, “As of now there is no cure or antiviral for this virus. However, one must make sure they take utmost care if one is suffering from any kind of viral flu. Simple measures like washing your hands regularly with soap, wearing a mask in case of a cough or cold should be followed. Meat and poultry that is cooked well is safe for consumption and one need not worry. People suffering from cold, cough and even mild pneumonia should take rest and avoid going to work or coming in contact with people over the next 24-72 hours.”
Summing up the discussion Panjwani said, “The coronavirus outbreak is likely to impact global GDP by 1% to 1.5% and oil prices might crash by 30%. India relies massively on China and the current shutdown is likely to impact India in a very big way. Indian pharma, textile, IT, solar, electronics and tourism Industry are slated to be a few of the worst hit industries severely affected by the shutdown”.
“Hopefully, the government and its ministers are currently taking stock and will take bold steps to reassure Indian industry and also rejig tariffs, subsidies, credit norms and expedite trade mission efforts to minimise the impact of the aftermath of this virus as also to try occupy the space vacated by China. As far as positives are concerned and the movement of global business shifting from China to India, that is likely to happen in the mid to long term,” he concluded.
Comments
Post a Comment