Economics is said to be a science of choice. In this Covid-19 pandemic, we have very less choices and it is impacting global and local economy. Let us glance at its impact on global economy.

Outbreak of Covid-19 is unprecedented shock to the not onlythe Indian but also global economy. It has impact on health and economic crises. In this lock down, people can shop for essentials only in stipulated hours and in the vicinity of their house. Country wide lockdown resulted in disruption in demand, supply, and the economy will face recessionary period.

If you forgot to switch off lights or any electronic equipmentat your home connected to sensor and you are in office then it is possible to control it through mobile!In agriculture, to grow healthy crops and without infectants requires proper pest management.

Micro, Small & Medium Enterprises (MSMEs)have held the economy of India strong and sturdy during the times of global financial crisis.MSMEsare also the source of providing huge employment opportunities to people. MSMEs comparatively require much lower capital cost than large scale industries or corporates.Due to spread of Covid-19, theMSMEs are facing certain challenges.

Recently we watched the Gully Boy Hindi movie again and couldn’t stop ourselves from comparing it with the first-generation entrepreneurs. This is our attempt in correlating it, if you like the correlation, the credit goes to the movie makers and if you don’t like the correlation, you can debit us