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Business EYE                                                          NOVEMBER 27, 2020  |        The Indian Eye                          38




                                                 coVid imPact:




                            Falling production, nervous




         employees and drop in travel for work






        On the positive side, sharp decline in pollution across the country: Report




        Our Bureau                                                                                                    3,300 respondents (500 in India)

        New Delhi                                                                                                     across nine countries — India,
                                                                                                                      China, Italy, Singapore, South
                ontracting for the eighth                                                                             Korea, Sweden, Germany, the
                consecutive month, the                                                                                UK & the US — to explore the
        Coutput of eight core in-                                                                                     impact of Covid on consumer
        frastructure sectors dropped by                                                                               attitude and behavior.
        2.5 per cent in October, mainly                                                                                   The survey showed that the
        due to decline in production of                                                                               fall in work travel was mirrored
        crude  oil,  natural  gas,  refinery                                                                          almost parallelly by the reduc-
        products and steel. The produc-                                                                               tion in social travel that declined
        tion of eight core sectors had                                                                                by 59% and household travel
        contracted  5.5  per cent  in  Oc-                                                                            that fell by 58%.
        tober 2019, data released by the                                                                                  According to the survey, av-
        commerce and industry ministry                                                                                erage weekly travel time has
        showed on Friday.                     Passengers from Gujarat and rajasthan are being screened for tempera-   come down by 40% from 6
            While coal, fertilizer, cement       ture on their arrival at Bandra terminus in mumbai on Friday. (ANi)  hours to 3.7 hours per person.
        and electricity recorded positive                                                                             Of the nine countries surveyed,
        growth, crude oil, natural gas,  restrictions. In fact, 61% of em-       58% in the US. The study, com- India and Singapore witnessed
        refinery products and steel reg- ployees find it manageable to ef-       missioned by Atlassian and con- the maximum decline in average
        istered  negative  growth  in  the  fectively work from home during      ducted by Australian research  weekly commute time. EY said
        month under review.                  the Covid-19 restrictions.          agency PaperGiant, surveyed  that a long-term decline in com-
            During April-October, the           86% of employees thought         1,425 Indian participants from  muting time could mean a low-
        sectors’ output declined by 13  the members of their team feel           tier 1, 2 and 3 cities over four  er peak demand and less strain
        per cent as compared to a growth  closer  to  each  other  now,  and     weeks in October.                    on public transport systems and
        of 0.3 per cent in the same peri- 75% thought their team worked              In another important devel- road networks. “This profuse
        od of the previous year.             better together compared to pre-    opment, it has been revealed  reduction in use of public trans-
            There are other signs of wor- Covid. “The majority of Indian         that Mobility restrictions due to  port and road networks brings
        ry too. A study by Atlassian Cor- employees (89%) reported a feel-       the coronavirus and emergence  forth a challenging situation for
        poration has found that 83% of  ing of unity and cohesion in their       of trends around home/remote  the trains, buses and subway
        employees in India are still ner- team. Another insightful revela-       office, education and entertain- operators  that  find  it  difficult
        vous about going back to office  tion was that one in two (50%)          ment have decluttered Indian  to generate enough revenue
        in the absence of a Covid-19 vac- of managers said their job secu-       cities that have seen a sharp re- to meet their operational costs
        cine and with restrictions still in  rity was much better now than       duction in travel in the months  which have already risen due to
        place across cities.                 before Covid-19,” the study said.   since the lockdown. The  trend  Covid-19 control measures that
            The  study  --  Reworking           From an organizational per-      has also made the cities less pol- were instituted into the system.”
        Work:  Understanding the  Rise  spective, 88% of Indian employ-          luted  with  reduced  vehicular          EY analysis indicated that
        of Work Anywhere -- also found  ees believed their company was           traffic as well as lower conges- monthly per capita emissions
        that Indian employees were  already  well  prepared  for re-             tion roads, according to a study.    of  carbon  dioxide  fell  globally
        more likely to want to work com- turning to office, while 78% of             As  work-, entertainment-,  across all three travel segments,
        pletely from home (66%) than  the workforce in India were “an-           and        education-from-home broadly tracking the decline in
        any other country surveyed.          noyed that it took a pandemic to    picked up, India witnessed a  journey numbers noted. Vinay
            Many reported a sense of  allow them to work from home.”             massive 69% decline in travel  Raghunath, automotive sec-
        ‘relief’ being free from the “usu-      However, 81% of people in        related to work/office, the high- tor leader at EY India, said the
        al  presenteeism  of  the  office  India  say  it’s  more  difficult  to   est fall among bigger economies,  change in mobility dynamics and
        environment.” 70% of people  maintain boundaries between                 according to a Mobility Con- consumer behavior will push
        reported their job satisfaction  work and personal lives com-            sumer Index Survey by EY.EY  stakeholders  to  think through
        is better than before Covid-19  pared to 79% in Australia and            had conducted the survey with  new operating models.


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