implosions and explosions in business

As the pandemic continues it has almost impacted every kind of businesses but also it has created a new trend. it has promoted the online mode of business since people or customers are prioritizing safety first they are not likely to go out and buy the product or service they want they are now converging towards the online platforms and so it has developed opportunities for many entrepreneurs to set up thier startups.  A good idea can emerge into a well known profit making company. businessman's with required capital and a good idea can grow and develope. As during this pandemic there is a massive demand for masks, PPE kits, gloves, sanitizers etc. People with existing business in different sectors have also engaged themselves into the business of making the essentials as to meet the demand. Many people have started home delivery of groceries at small scale. And also since the government of india has launched a new scheme which is "Aatmnirbhar bharat" where it is promotin

In the present scenario since there is a massive deterioration in every sector of business due to spread of coronavirus or Covid 19. Business are facing a huge loss. Many small scale industries have to shutdown thier business as not being able to cope up with the daily expenses incurred in the business as the demand for the product and services has fallen. people surving on thier daily wages are suffering a lot as they are left with no money as well as job. Since, it has been almost 3 months and the lockdown still continues. People are forced by the pandemic to change thier professions. The instantaneous economic recession triggered by Covid 19 has hit eminently to the hospitality sector.  The lockdown, induced by Covid 19 has brought the travel and tourism industry to a standstill. Given various travel restrictions imposed by indian government as well as government across the globe, forward booking for various conferences and leisure travel bookings have been cancelled. As a result it