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DELHI TECHNOLOGICAL

UNIVERSITY

EFFECT OF COVID-19 ON
"TECHNOLOGY USE -
PRODUCTION OF GOODS
AND SERVICES"

HU301a
Engineering Economics
Mid Term Evaluation project

SUBMITTED BY:
Kushik Agarwal Megha Sharma
(2K19/EE/145) (2K19/EE/160)

SUBMITTED TO:

Ms. Aparna Gupta


Assisstant Professor
ACKNOWLEDGEMENT

We express the deepest gratitude to our respected faculty Ms.


Aparna Gupta, Faculty, Department of Electrical Engineering, Delhi
Technological University (DTU) for his benevolent guidance in the
accomplishment of this project successfully.

She inspired us to work hard and gave us enough time and support
whenever needed. We feel extremely fortunate to have worked
under her kind supervision. Her active encouragement has enabled
us to complete the project in the due course of time. We gratefully
acknowledge the precious advice and suggestions received from the
other faculty members and the knowledge gained during the
discussions in the class.

We express our special thanks to the university library, for help in


accessing online journals and research papers and my friends for
their cooperation and constant support.
C INTRODUCTION

O IMPACT OF COVID-19 ON:

N Technology
Shipment

T Supply
Income and Employment
E LONG TERMS IMPACTS OF
N COVID-19

T THE OPINION
REFERENCES

S
INTRODUCTION
IMPACT OF COVID
ON TECHNOLOGY

Shipment
HOW COVID19 IMPACTED
THE TECHNOLOGY SUPPLY
Income and Employment
Unemployment rate (According to CMIE Data)
Unemployment in
Puducherry , TN, Jharkhand,
Bihar, Haryana, Tripura was
greater than than the national
rate of 40%. Nationwide,
unemployment was highest in
Tamil Nadu, Jharkhand, and
Bihar at 49.8%, 47.1%, and
46.6% respectively. It was
lowest in Punjab,
Chhattisgarh, and Telangana
at 2.9%, 3.4%, and 6.2%
respectively.

Fig. State Wise Unemployment rate During Covid


(According to CMIE Data)
LONG TERM IMPACTS OF
COVID-19
The outbreak of the coronavirus (COVD-19) pandemic has changed the way
many people communicate, personally and professionally. An increase in
working from home (WFH) and social distancing has made face-to-face contact
with relatives, friends, and colleagues harder. Tracing the share price of Zoom –
a prominent video communications service – shows how central web
conferencing has become to keeping people in contact throughout the
pandemic.
THE OPINION
Services sectors have been heavily affected by the COVID-19 pandemic To
overcome with this global pandemic situation, we have to cooperate with
government and administrative authorities. There are few preventive
measures provided by the Indian council of medical research which have to be
followed by each and every citizen to beat this novel corona virus. Merchants
those are allowed to operate their commercial activities under government
regularization, have to cooperate genuinely. Basic few preventive measures
are like, follow strictly lockdown (when imposed), ensure proper cleaning and
sanitization specifically hand sanitization, avoid touching face, avoid personal
meetings, maintain social distancing, avoid non-essential traveling, self-
isolation, prefer work from home instead to join office etc. Older people have
medical problem like cancer, diabetes, cardiac illness, chronic respiratory
illness have to extra take care to prevent this disease.
REFERENCES

1. https://www.statista.com/topics/6156/coronavirus-covid-19-
impact-on-tech-goods-and-services/
2. https://www.expertmarketresearch.com/reports/impact-of-covid-
19-goods-and-services-market
3. https://www.arcweb.com/blog/impact-covid-19-industrial-
manufacturers
4. https://www.gep.com/blog/mind/how-will-the-coronavirus-
impact-the-technology-supply-chain
5. https://economictimes.indiatimes.com/jobs/job-loss-most-severe-
immediate-impact-of-covid- 19survey/articleshow/76323649.cms?
from=mdr
6. https://www.businesstoday.in/latest/economy-
politics/story/india-unemployment-rate-april-cmie-highest-257055-
2020-05-01
7. https://www.statista.com/statistics/1106104/stock-price-zoom/

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