Increasing Threat To Coronavirus

It is now become a palpable epidemic which our world is facing right now. The new coronavirus has greatly impacted the globe causing death of 3000 plus people in about 78 plus countries and infecting 89000 people . 

The virus originated in wuhan city of china has now spread across globe. The more serious issue is that we till date have no defined medicine to fight against it.

Not only on health related issues, the virus has caused serious impacts on economy of not only china but countries like US, japan, hongkong, italy, iran and now even india is not left.

The unprecedented lockdown condition faced by wuhan has greatly impacted the economic conditions. Also different sectors of trade, tourism and travelling has witnessed the fall. Stock market fell with investors losing confidence in share market and since china is one of the economic giant of the world , the fall is experienced by all its trade partners. Recently OECD has projected the fall in GDP growth rate of INDIA for FY21 to 5.1% due to the fall in share market and global outreach of COVID19. The major lose bearers are automobile, pharamauticals and electronic industries.

The governments of different countries are taking serious measures to combat it. Strict checking at airports, frequent quarantining of people infected and basic health advices by health ministries are few steps to be counted. Still it can be said that the fight is going to be long . If are in urgent need of getting a defined medicine against this virus so that the situation can be controlled on time