India - Complete Country Lockdown - Is it on the Verge of Economic Crisis ?

[bithisach]

Respected Prime Minister of India has declared Complete Shut Down of "India"

It is very big decision by PM of India and this shut down is not for one day, one week BUT its for whole 21 Days!!

Moreover, internal sources suggest that this lockdown is going to be extended further more if situation of corona doesnt follow within control. This is crazy decision has shaken the whole India for sure and its gonna create economic crisis! People wont be having any money after a month to spend for daily needs, industries wont be paying to employees because there is no business, which means no money outflow-inflow!

What would be the outcome of this unexpected situation of India and people in it?

Every other country is on the verge of financial crysis, not just India. See the US and current unemployment rates, it's much higher than what was reported during 2008. NY had on this wednesday more 911 calls than it received on 9/11! Maybe these figures are misleading but the point stands, and that's just US examples. Countries like Chile, Argentina, Colombia, Venezuela will also follow suit. No country is prepared for total shutdown of their workforce

[eaLiTy]

If they totally forbid people to leave the house and carry out economic activities, then they must provide and distribute food and clean water directly to the people. However, I don't think the curfew is strictly 24/7, meaning that they still can buy daily needs to the nearest shop. In this case, the government must provide money. In Indonesia, it's called "Bantuan Langsung Tunai" or literally translated as Direct Cash Assistance.

There is a complete shut down and if you go out during this period people will beat the shit out of you in India, you can search in youtube and you will find many videos of the police brutality, the curfew is strictly 24/7 and till now there is not much assistance from the government regarding how you purchase house hold items, foreseeing the situation i did purchase food items for a month and all the necessary items well before the curfew but it looks like the lock down will last more than a month as the number of infected patients keeps on increasing.

[Rodeo02]

If they totally forbid people to leave the house and carry out economic activities, then they must provide and distribute food and clean water directly to the people. However, I don't think the curfew is strictly 24/7, meaning that they still can buy daily needs to the nearest shop. In this case, the government must provide money. In Indonesia, it's called "Bantuan Langsung Tunai" or literally translated as Direct Cash Assistance.

There is a complete shut down and if you go out during this period people will beat the shit out of you in India, you can search in youtube and you will find many videos of the police brutality, the curfew is strictly 24/7 and till now there is not much assistance from the government regarding how you purchase house hold items, foreseeing the situation i did purchase food items for a month and all the necessary items well before the curfew but it looks like the lock down will last more than a month as the number of infected patients keeps on increasing.

This is the best solution for this crisis strictly laws If they don't want it to last longer and the problem gets worse when there are more people been infected like what happen to italy which is they almost surrender on that virus and they dont even know how to stop the spread of virus of thier country. Soft law will be problem especially if there are many hardheaded person's in your country.

[AniviaBtc]

Respected Prime Minister of India has declared Complete Shut Down of "India"

It is very big decision by PM of India and this shut down is not for one day, one week BUT its for whole 21 Days!!

Moreover, internal sources suggest that this lockdown is going to be extended further more if situation of corona doesnt follow within control. This is crazy decision has shaken the whole India for sure and its gonna create economic crisis! People wont be having any money after a month to spend for daily needs, industries wont be paying to employees because there is no business, which means no money outflow-inflow!

What would be the outcome of this unexpected situation of India and people in it?

First you need to understand why India had to do this. India is a densely populated country with 455 inhabitants per square kilometer. If Covid-19 starts spreading like Italy in India, it would kill millions of people in no time! India doesn't have the health care facilities like other first world countries so this is the best we can do at this moment, keep social distance to ensure the virus stays at bay!

Once the situation is controlled, government will have to declare stimulus packages to strengthen the economy. There are several areas that can be recovered from financial crisis through such stimulus packages.

Right now, we can just follow what government orders us to do. Save your life first. You will earn money later once everything normalizes.

If that so, then the government should do something for its citizen to have some money for their needs. This lockdown affects all of the people in its country, but the most vulnerable for the economic crisis is those who are in lower class. Poor people have nothing to feed for their family in 21 days and the money that they've earn before the lockdown is probably not enough for them. Most of the families in India consists 4.9 people per household in 2018 according to: https://www.arcgis.com/home/item.html?id=6cf22970ea8c4b338a196879397a76e4 , it is not easy for the workers to ease this suffering because of disadvantages of a lockdown if the government doesn't have any plans for them so that they can also survive the lockdown due to this virus. Government of India should do some donation, or give them the proper support that they should've have because they are also tax payers and they need it now. Plus, they are 2nd to the most populated country in the world so that they should take care of its citizen because this Covid-19 is unbearable to control.

[Febo]

It is very big decision by PM of India and this shut down is not for one day, one week BUT its for whole 21 Days!!

LOL man, it is happening all over world. It is not as big as it was 2 months ago in China. Now lock downs are an usual thing. It can even happen that regions in India with most infected gets under the quarantine.

So what are the statistics of them and how you co-relate it to Indian situation?
Considering that India is densely populated with most of the base serving average employment with mid level salaries.

Dense population like Wuhan and New York and North Italy will for sure not help. I am sure not whole India is dense populated. Regions that are are in deep shit.  India need to follow what other countries did. Wide spread testing. And self isolation. Everyone should act as he is infected. Only life important services should operate.  This with reorganising of Health system for then epidemic ( increasing number of normal and intensive care beds and focus all medical staff to serve those beds) will help mitigate this catastrophe.

[mu_enrico]

There is a complete shut down and if you go out during this period people will beat the shit out of you in India, you can search in youtube and you will find many videos of the police brutality, the curfew is strictly 24/7 and till now there is not much assistance from the government regarding how you purchase house hold items, foreseeing the situation i did purchase food items for a month and all the necessary items well before the curfew but it looks like the lock down will last more than a month as the number of infected patients keeps on increasing.

I've just read this news:
https://www.bbc.com/news/world-asia-india-52063286

Is Modi crazy or what? It seems there is no coordination whatsoever from the government officials. I'm a bit skeptical previously about the current situation in India, but I've seen enough proof of this madness.

This is the best solution for this crisis strictly laws If they don't want it to last longer and the problem gets worse when there are more people been infected like what happen to italy which is they almost surrender on that virus and they dont even know how to stop the spread of virus of thier country. Soft law will be problem especially if there are many hardheaded person's in your country.

But you can't just lock down people without providing the basic needs... How can they survive for 21 days? Not all people can afford a whole month's groceries in advance. Read the BBC report mate. It's just madness.

[betty11]

We don't want to see what is happening in Italy and Spain happen in India. These 2 nations that are badly affected have good economy and well developed and better equipped than the poor India, the casualty will be too much should the India government not take drastic measures to curtain the virus but the people should be given some relief materials.

[Magkirap]

We don't want to see what is happening in Italy and Spain happen in India. These 2 nations that are badly affected have good economy and well developed and better equipped than the poor India, the casualty will be too much should the India government not take drastic measures to curtain the virus but the people should be given some relief materials.

The damage that will done in india's economoy with that 21 day lockdown is nothing compared to the damage india will received if they did not do or implement the lockdown, yes those 2 countries are more superior than india so it is just the right decision, i know the government of india will come up with solutions about the shutdown of business and works. This is a sacrifice we must do in order to minimize the damage cause by the virus.

[onrise]

Lucky are the Indians they are only locked for 21 days. We're up for 3 months maybe extended to another 6 months. Only the Chinese are having a feast.

The situation is getting worse with every passing day. Even here in India, there is a lot of panic. The government and the authorities are doing all that they can, but the number of new cases is still on the increase. I won't be very surprised if the 3 weeks lockdown gets extended to 3 months. And with that, the jobs will be under threat and the economy will be in complete destruction.

The way cases are rising on every single day it is going to be a longer time and not just 21 days of lockdown. Also, India would have to see how the cases start to get stable or reduce in the coming time  then only they can again start their international flights else again the rising of the case could begin if people start travelling abroad and gets the virus back. Unless we have a medicine, it is going to be a testing time for everyone.

[freedomgo]

Lucky are the Indians they are only locked for 21 days. We're up for 3 months maybe extended to another 6 months. Only the Chinese are having a feast.

The situation is getting worse with every passing day. Even here in India, there is a lot of panic. The government and the authorities are doing all that they can, but the number of new cases is still on the increase. I won't be very surprised if the 3 weeks lockdown gets extended to 3 months. And with that, the jobs will be under threat and the economy will be in complete destruction.

The way cases are rising on every single day it is going to be a longer time and not just 21 days of lockdown. Also, India would have to see how the cases start to get stable or reduce in the coming time  then only they can again start their international flights else again the rising of the case could begin if people start travelling abroad and gets the virus back. Unless we have a medicine, it is going to be a testing time for everyone.

It can always be extended, the purpose of the lock down was just to minimize the number of cases in the area, everyone will do their own self quarantine so they will not be infected or will infect people, but this virus does not show early symptoms, you would not know that you are already infected in the ealry stage so might be able to infect other people.

I think it's only China that was able to successfully defeat the virus, but it's quite interesting how they do that, maybe they already have the vaccine so we can't expect that India would be able to have the same success over a short period of time only.

[thesmallgod]

It is not only them but the world at large. Throughout the world, individual countries are taking the necessary precaution to contain the spread of this virus and locking down the country is not something bad especially for India with such a large population. Either the country is temporarily locked down or not, there will still be an economic crisis because of india also involve in trading internationally   

[shushu9977]

It is a good decision for India though they will face economic crisis. Not only India but also many countries take the lockdown decision. After 21 days, if covid-19 is control,  then it will be good for India.   

[Twinkledoe]

It is a good decision for India though they will face economic crisis. Not only India but also many countries take the lockdown decision. After 21 days, if covid-19 is control,  then it will be good for India.   

I seriously doubt, 21 days is enough to contain the virus but it will slow down the infection. Other areas are in lockdown min of 1 month. More than likely, it will be extended. And with the large population like India, I don't know how the govt can supply the needs of every resident. Even small population has difficulty in serving their residents.