A STUDY ON IMPACT OF COVID – 19 PANDEMIC IN ALL DISCIPLINES AND ASPECTS OF BUSINESS

The effects of Coronavirus disease (COVID 19) outbreak have been felt all across the World. The Pandemic had a significant impact on workplace. In addition to endangering public health, the economic and social turmoil endangers millions of people’s long – term livelihoods and well being. The Pandemic is wreaking havoc on labour markets, economies and businesses around the world, as well as global supply lines, causing severe commercial disruptions. COVID – 19 is a pandemic. It is a disease that poses a threat to the functioning of the entire world. It is analogous to the 1918 influenza pandemic which also affected people and caused several deaths in a short period of time. The lives of people were affected in multiple ways. A “new normal” way of life, where people are assured of existence through the pandemic. Confined to their dwellings, everyone had their definition of it. Work from home, lockdowns, online classes, social distancing, quarantines, self – quarantines at home, are major facets of the new normal. New rules and restrictions were introduced and people were advised to stay at their homes. Masks and sanitizers became a permanent part of everybody’s lives. Schools and colleges, all workplaces across various industries, public places, majority of government offices, etc, were closed; a total shutdown of all possible human activities. The effects of this new normal are multidimentional, in both positive and negative ways. Alongside its numerous negative impacts on society and its people, it does have several positive impacts.

KEYWORDS: Coronavirus, Work from Home, Labour Markets, Global Supply Lines.


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