Several lakhs of Indians loose their employment became victim for COVID - 19

The COVID-19 pandemic has taken and continues to take an unprecedented public health and economic toll on our state. Most of the conditions are known all too well: the deaths of thousands of our fellow Indians and illness to Lakhs of others, devastating families and straining the capacity of our hospitals and other health care providers. With more than a million Indian workers having filed for unemployment and state government facing a budget shortfall in the Crores of Money, the impact on the economy is like nothing we’ve seen in our lifetimes. Millions of Indians are without a single earning in this quarantine period. The middle class family is indebted and now in the position not to repay the debt. The Banking sector even in the quarantine period neglects the government guidelines now pressuring their customers to repay the loan. Losing Indians job will force them to get loan in private sector. It is better to be advised to the fellow citizens now to borrow money from the money lenders. And in this situation the small scale industries and the set back of the major industries, the fellow citizens should not take negative decision and move to the forward decision. New business and industries will emerge after quarantine, every people should utilise it to combat the evil economic covidfall. Author Advocate K.P.Satish Kumar M.L. Madras High Court All questions and doubts can sent to us at our Whattsapp No.9962999008.

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