The pandemic is likely to leave indelible mark on the way economies and societies function. When we emerge from the crisis it would most likely be a new dawn, a new normal. 4. The pandemic has induced several structural changes which have significantly altered the way we work, live and organize businesses.
With greater shift to work from home, technology has gained potential to boost productivity, by saving on travel time, boosting sales on online platforms and accelerating the pace of automation. As a result, consumption pattern is changing and companies are resetting their supply chains both globally as well as locally. These changes will have wider ramifications for the economy. 5.