The Covid 19,a disease
caused by a novel coronavirus called SARS-CoV2,has spread quickly around the
globe, creating a public health catastrophe all over the world. Although the
world nations are taking measures to control this menace, the lives and
livelihoods of the people are on hold at a significant social and economic cost
to the society. This pandemic has wide spread and hit the market economies hard
with the growing toll of illness and lost lives.“ The outbreak of coronavirus
is disrupting people’s lives and interrupting business and other economic
activities around the world.”(Masatsugu Asakawa,President ADB).This is first
and foremost a health crisis put nations and individuals at great risk. Therefore
the challenge we face today is different
in its nature and scope than we faced
before.
At this juncture, there
is a dire need of the revival of a
short-term fiscal policy, provision of public good and relief package to low-
and middle-income farm households and to
state and local government. In this context “ short term fiscal policy should aim
at channelizing the public expenditure to equip medical personnel, and people
who affected by Covid 19 pandemic” said Cesar Calderon, World Bank Lead
Economist. “But it is also important to consider that most workers in the
region are engaged in the large informal sector where they lack benefits of
insurance, unemployment benefits and paid leave. They usually need to work every day to earn their living and pay for the their
basic household necessities. A large prolonged lockdown would put their basic
survival at great risk.”
Therefore, the fiscal
policy approach is with two primary objectives-to save lives and protect
livelihoods. Immediate actions to consider include strengthening health system, implementing
social protection programs including cash transfers and social grants.
Unfortunately the burden
is on the grass root level of the society.
The provision of public good is necessary to offer relief to those who
are suffering. And there is a requirement of safe drinking water, sanitation
amidst urban sprawling, weak health systems in a large informal economy of
major metropolitan regions of the
nation while battling with this plaguing
situation.
Certainly, this pandemic
led to various undesirable
consequences in enormous
population centres of UP and Bihar to
the sprawling cities like Maharashtra, TamilNadu, Andra Pradesh, Delhi and to great extent to Kerala in search
of employment. Finally various state governments had to play a significant role
to fight the battle. One such example is of Kerala State which was under
Communist rule more than three decades and
invested tremendously in public health and education.
The Kerala Model
Although Kerala was the
first state to report a Covid 19 case in
late January, the success of Kerala model proved it could stop the spread of a
contagion amidst the challenge of high
population density through its proactive measures like early detection, longer
quarantine, contact tracing, building shelters for migrant workers, distributing
cooked meals and adequate social
support. According to Henk Bekedam, the World Health Organisation’s
representative in India, this is mainly attributed to its past experience of
combating Nippah Virus and its investment in emergency preparedness with community engagement. Indeed it was a
disastrous challenge with high number of foreign arrivals, one sixth of its 33
million citizens are expatriates, thousands of its students study in China, UK
and Europe and millions of its nurses
are in the health care profession all over the world.
In the first week of April
Kerala had conducted more than 13000 tests ,that is 10 percentage of all test across India, By comparison ,Andhra
Pradesh ,nearly 6000 tests, while Tamil Nadu 8000 tests. However “ cluster
cases” are first reported in Karnataka, the state government has decided to
ensure designated quarantine facilities. A third of all cases are in Maharashra
and Tamil Nadu. Research shows that some of the 15 states and /UTs need to make
a deliberate effort to flatten the Covid
curve.
The so-called exponential
curve is a cause of great worry to the experts all over the world. Researches
shows Covid 19 will continue to spread exponentially for months. In a country
like the United States, with its 330 million people, the curve steepen for a
long time. Therefore the articulation of forced quarantine strategy( Chinese
government imposed on Hubei Province) is a rational solution to slow spread of
the virus before it infects the masses in any state or region.
Developing countries in
East Asia and the Pacific(EAP) suffer from trade tensions as the virus that
triggered a supply shock in China has
ultimately caused a global shock resulting financial jerk and recession across
the world. In a rapidly changing environment, the entire globe stand still and
the developing countries like India has to follow sound macroeconomic policies
to deal with the tremours. There is severe supply shock in the Indian cities
and towns as well since the virus hit hard the supply chain and the logistics, such
circumstances are evident in metropolitan cities like Bengaluru as there are
cases of delayed deliveries by online stores like Bigbasket which cater the
need of many in the city.
The Covid 19 also has a serious impact on poverty. Nearly
24 million fewer people will escape poverty across the region in 2020 than would
have in the absence of the pandemic(using poverty line of US$5.50/day).If the situation deteriorate
further, the repercussions will be more on developing countries. Therefore, the
targeted fiscal measures are inevitable. In addition to national action international
cooperation is a must to vaccine against this crisis.
It is a twin challenge of
doctors treating patients and policy
maker articulating strategy, hence various state governments find it tough to
relax the lockdowns as the potential cost to the human life is huge. Thanks to
the people on the frontline trying to
defeat the outbreaks risking their lives, those working in health care, doctors and nurses, delivery agents and
countless many to care for us and to
ensure the necessities at this difficult time. Mitigating measures need to be
lifted as an exit strategy from Covid 19 that
flattens the epidemic curve while overcoming extraordinarily challenging
times.
(an article in the backdrop of first wave of covid in India,in February 2020)
Wonderful Work Mam Keep writing,,,,
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