Covid-19 Pandemic Management: Effects on Indian Economy—Reflections for Policy and Action Initiatives
| Author | Surbhi Kapur,Manish Dhameja,Nand L Dhameja,Samo Bobek |
| Published date | 01 September 2021 |
| Date | 01 September 2021 |
| DOI | http://doi.org/10.1177/00195561211042649 |
| Subject Matter | Articles |
Covid-19 Pandemic
Management: Effects
on Indian Economy—
Reflections for Policy
and Action Initiatives
Nand L Dhameja1, Samo Bobek2, Surbhi Kapur3,
Manish Dhameja4
Abstract
Pandemic is a type of epidemic that spreads over significant geographical areas and
affects a large percent of population on a national or global level. Pandemic, as a
project, has a lifecycle, a beginning and an end, though uncertain. The objective of
the article is to trace various types of pandemics, to discuss their adverse effects
of unemployment, distrust and loss of production. It presents various stimuli and
remedial measures, a model to work out pandemic cost and its financial impact—
estimated as `130 lakh crore in India. The article also gives an overview of positive
results in the form of appreciations and acknowledgements, change in work
culture resulting in work from home (WFH) approach. Financial restructuring
resorted to by various business houses and future policy implications are also
presented. The article is based on data drawn from government notifications
and published reports. The study is exploratory, descriptive and analytical; it is
presented in six parts.
Keywords
Pandemic, Covid-19, pandemic project lifecycle, opportunities and challenges,
WFH, business restructuring
Article
Indian Journal of Public
Administration
67(3) 286–299, 2021
© 2021 IIPA
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DOI: 10.1177/00195561211042649
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1 Faculty of Management Studies, Manav Rachna Institute of Research & Studies, Faridabad, India.
2 Professor and Head of Dept of e-business, School of Economics and Business, University of Maribor,
Slovenia.
3 Professor, Faculty of Management Studies, Manav Rachna Institute of Research & Studies, Faridabad,
India.
4 Senior Banker with experience in South Asia, Africa and Middle East.
Corresponding author:
Nand L. Dhameja, Professor and Dean, Faculty of Management Studies, Manav Rachna International
Institute of Research and Studies, Sector 43, Faridabad, Haryana 121004, India.
E-mail: nanddhameja@yahoo.co.in
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