Post Covid-19 Advantage India

Authors

  • B. B. Goyal Adviser, ICWAI Management Accounting Research Foundation & Former Addl. Chief Adviser Cost & Head, Indian Cost Accounts Service, Ministry of Finance, Government of India

DOI:

https://doi.org/10.33516/maj.v55i5.23-26p

Keywords:

No Keywords.

Abstract

Between military wars and biologic wars, the latter is more damaging and unpredictable as the impact made by COVID-19 on the global economy was far from anybody’s initial expectation. No one can correctly predict the extent to which the global economies would be impacted by COVID-19. This scale of lockdown has happened first time in the human’s known history where every economic activity is closed except production and transportation of essential goods and services. This is unprecedented. The United Nations has termed this crisis as the worst we have seen since World War II. But there is a saying that every crisis also brings opportunities and necessitates creative solutions; or the progress comes from dire situations. It was once said that never let a crisis goes to waste. This is what India should be looking at.

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Published

2020-05-31

How to Cite

Goyal, B. B. (2020). Post Covid-19 Advantage India. The Management Accountant Journal, 55(5), 23–26. https://doi.org/10.33516/maj.v55i5.23-26p

Issue

Section

Special Article

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