Abstract

Covid-19 came as a surprise to the global community. More than 203 countries got affected. Different countries took different measures at different points of time for fighting the virus. One common action was taken by all and that was the lockdown for protecting the lives of the people and slowing down the spread of the pandemic. Lockdown by the individual country led to global lockdown. Pandemic killed more than 300 thousand people with huge global economic loss (until May 31st 2020). This pandemic turned out to be the costliest disaster in the history of mankind. COVID-19 led to slowing down of the GDP, mass unemployment, bankruptcy, migration, closure of manufacturing sectors, a complete halt of travel, trade, tourism and economy as a whole. Its recovery is going to be a real challenge. There is a huge problem of poverty, unemployment, supply chain and the absence of effective demand. Pandemic disaster is a global issue and hence solutions should also be worked out collectively by the global community. There is a need to evolve or innovate other strategies than the lockdown for a fighting pandemic by the global community.

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