During the last eight months, the world has been confronted with an unprecedented catastrophic health crisis in the form of COVID-19 pandemic. It has irrefutably reminded every society across the world to be more open and kind to each other to collectively overcome the crisis that was erupted out of China. The spillover effects of the pandemic have in turn created heavy losses to the real economy and multifold shocks to the financial sectors of countries around the world. Thus, the livelihoods and employment sector have become the most severely hit and it seems that it would take years to recover.
The fatalities across the world are approaching one million. For the collective mitigation of the COVID-19 pandemic, each nation has to embark on a new path by reposing faith in the Constitutional provisions along with the international agreements of treaties to safeguard the people who are invulnerable conditions and at the same time explore how best they can help other nations. Economies across the world are also finding it extremely hard to manage the scarce resources and the demands of public healthcare systems.
Chandrasekaran Balakrishnan is Research Fellow (Urban Eco-system and Skill Development) with CPPR. Views expressed are personal and need not reflect or represent the views of Centre for Public Policy Research.
The author has shared some of the points discussed in this article at the national level panel discussion webinar on “Productive Employment Creation in India during COVID-19” organised by Ramaiah Public Policy Center, Bangalore, on August 28, 2020.