Daily lives, biz to be disrupted if Coronavirus not contained: Study

Reuters
With over 68,500 infected across the globe and over 1,600 dead, the fear of the newly identified virus is spreading fast. Two more Indians on board a cruise ship off the Japanese cost tested positive for the virus on Sunday. Only three cases have so far been detected in India, but a recent survey by LocalCircles shows if not contained soon it has potential to disrupt daily lives and businesses alike.

 

Despite calls from the top deck of the government on opening up of business prospects for Indian firms due to closure of factories in China, the key concern for Indians remain the measures taken by the authorities to contain the spread of the virus.

 

At least 89% of the respondents believe steps taken so far are inadequate. The health ministry recently issued a travel advisory, urging people to refrain from visiting China. However, the report suggests that quarantine mechanism at the airports remains flimsy with no follow-up checks. While 40% of the respondents voted in favour of India taking the lead in production and export of such protective items, 43% said increasing exports will not be a good idea. Rather, India should increase its stockpile for domestic consumption. And, 13% preferred a complete ban on exports at the moment. 



Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel