Press "Enter" to skip to content

People are more worried about the economic crisis than being infected with Corona: IIM

NS News

IIM Lucknow conducted an online study to understand the sentiments of the common people during the lockdown. In it, he found that people are more concerned with the economic crisis than the health issues caused by the Corona epidemic. A study conducted by the Center for Marketing in Emerging Economies (CMEE) at IIM Lucknow revealed that the majority (79 per cent) are anxious and (40 per cent) surrounded by a sense of fear and (22 per cent) surrounded by a sense of sadness. Has happened.

The study, based on the responses of participants from 104 cities across 23 states, stated that the majority of respondents were concerned with the economic impact of the lockdown. The other major fear among people is that irrational behavior of people once the lockdown is lifted. <! –

                 Concern for economic impact is highest in people's minds (32 percent), while fear of others behaving irresponsibly during lockdown (15 percent) and this uncertainty are all (16 percent) other major fears.

The single biggest cause for concern was related to the economic impact of the lockdown, while the second reason for this was uncertainty about how long this lockdown would last. 14 percent said that getting infected was not really their biggest concern. Satyabhushan Dash and Avinash Jain (IIM Lucknow) conducted a research study together with Ashu Sabharwal and Ankita Singh (Qualis Research and Consulting) and Mohanakrishnan (former VP, Canter).

The study also revealed that 3 out of every 5 people expressed confidence in the government's actions to help India deal with the epidemic. In Lockdown 1.0, 57 percent believed in the government's actions, compared with a 63 percent increase in confidence with a 6 percent increase in Lockdown 2.0. In fact, the news came as health infrastructure improved, with masks, PPE kits coming in and better protocol sets.

Most people believe this stems from the initial lockdown by the government and efforts to maintain social distance and contact tracing (70 percent).

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.