The spread of pandemic COVID-19 has left the entire world
grappling with its negative impact on the socioeconomic front. With
most of the countries steadily going into lockdown, the businesses
across the globe have taken or started taking a hit.
India hasn't been an exception. While economists and experts
will discuss and debate on their assessment of the extent of
repercussions on the overall economy, the signs of fiscal impact
are for everyone to see. Albeit in varying proportions, all the
sectors of the economy remain severely affected.
In these difficult times, the primary endeavor of the
organizations would be to keep the business and the employees'
immune from the aftermath. However, with the resulting turbulence
and uncertainty, organizations would be required to strategically
align themselves with the need of the hour and take conscious
decisions or even reconsider the ones taken earlier.
