oppn parties Fear, Anxiety, Uncertainty, Economic Gloom And Yes, Hope Too

News Snippets

  • NCLT initiates bankruptcy proceedings against former Videocon chairman Venugopal Dhoot for defaulting on loans of Rs 6158cr as personal guarantor in two group companies
  • LIC approves 1:1 bonus share issue
  • Gold and silver futures also go down by 0.7% and 2.2% respectively
  • Stocks tumbled again on Monday as crude prices rose: Sensex went down by 703 points and Nifty by 207 points
  • Supreme Court refuses to cancel the land-for-jobs FIR against Lalu Prasad
  • The spectre of El Nino haunts India: IMD predicts 'below normal ' monsoon this year
  • Labour protest over increase in wages by 35% (as per Haryana example) turns violent in Noida, nearly 200 were detained by the police
  • Congress leader Sonia Gandhi said that the delimitation exercise must be carried out after the Census is complete
  • PM Modi says Parliament is on the verge of creating history as the Houses get ready to take up the women's reservation bills
  • Tata Sons chairman N Chandrasekaran said that TCS COO Aarthi Subramanian is conducting a thorough inquiry to establish facts and identify individuals involved in the sexual harassment allegations at the company's Nashik office
  • Asha Bhonsle laid to rest with full state honours on Monday in Mumbai
  • AAP leader Arvind Kejriwal once again approached the Delhi HC to request the recusal of a judge from his case
  • Candidates Chess: R Vaishali on the verge of creating history, but needs two wins - one with black pieces - against formidable opponents to emerge as the challenger
  • Rohit Sharma, who retired hurt in the match versus RCB, underwent scans for possible hamstring injury
  • IPL: Abhishek Sharma fails for SRH but Ishan Kishan (91) shines. Then, Vaibhav Sooryavanshi fails for RR and SRH bolwers, especially unheralded Praful Hinge (4 for 24) and Sakib Hussain (4 for 24) win it for SRH. This was the first loss for table-toppers RR
Supreme Court questions Election Commission about SIR SOP and why logical discrepancy was introduced only in Bengal
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Fear, Anxiety, Uncertainty, Economic Gloom And Yes, Hope Too

By Sunil Garodia
First publised on 2020-04-30 21:03:36

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator. Author of Cyber Scams in India, Digital Arrest, The Money Trap and The Human Hack

There might be a new normal after the pandemic subsides. But right now there is only fear, anxiety, uncertainty and economic gloom. And there is, of course, hope.

Fear that the virus has not been eradicated and, especially in India, not enough testing has been done to know its exact spread. Fear because it can strike despite all precautions. Fear because no medicine or vaccine has yet been found to counter it. Anxiety is because of the helplessness of governments across the world. Anxiety is also because of the hundreds of theories about the virus from reputed people from the medical fraternity, including a Nobel winner. Uncertainty is because no cure has appeared on the horizon even after more than 5 months have passed since the first case was probably reported in China. Uncertainty is also because the restrictions are not going to end anytime soon. Economic gloom is all-pervasive. Manufacturing facilities (barring those of essential and medical items) have shut down across the world as most countries have imposed lockdowns. People are facing job-losses, salary cuts and deferment, or cancelation, of yearly bonuses. Companies are staring at blank order books yet they have to pay fixed expenses like salaries and rents, to name just two. It is a very bleak scenario.

Yet, there is hope. Scientists across the world are burning the night lamps to discover a vaccine or medicine to kill the virus. Although everything is now being done on a trial and error basis (as it has to be done whenever a new disease surfaces), yet billions of dollars are being spent and scientists from many countries are collaborating in several projects, some piloted by the WHO. Some have come up with vaccines while others have come up with medicines. All of them are currently undergoing human trials and should be ready by September. Remdesivir is also being tested and if found effective, it will be a boon as it has been previously used for the Ebola and Marburg viruses and met with some success in controlling them. Some companies have already started manufacturing the vaccine in the hope that it will pass through the clinical and human trials. Hence, if all goes well, the world might have a cure by September. That is the only silver lining.

Meanwhile, we can only live with hope and endure the hardships the virus has brought upon the world. But in doing so, it is also our duty to do something about people who are less advantaged than us. The world is passing through dark times. The least we can do is to alleviate the pain of our fellow human beings in any manner we are capable of.