Das ka Dum with Dr Bhaskar Das | The first half of 2020 will be past us in a few days. Your sentiments as we move over to the second?

26 Jun,2020

Bhaskar DasIt’s an unfair question to ask, coz who could predict at the start of the year that 2020 which will be such a @#$#@$% year (the number of characters in the prefix to year is no indicator of the word we wanted to use, so chill!)?!. But we are incorrigible. We ask. And our dear Wizard with Word is such a sport, he answers. So without any further ado, presenting the June 26 edition of Das ka Dum with Dr Bhaskar Da. Read on…

 

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Q. The first half of 2020 will be past us in a few days. Your sentiments as we move over to the second?

 

A. I am usually not a believer (or expert) in prescriptive pontification. It’s a reality that the economy is under stress across sectors. The demand side of each business is undergoing challenges at multiple levels. Though the process of selective unlockdown has started, the recovery process would take at least one more quarter, if not more. But the collective grief of loss of normalcy and the prevailing uncertainty in various facets of life would take time to bounce back. Hence I feel the second half would be better than the first. But it may not reach the pre-Covid level soon. Some sectors like IT/ tech-led sectors would grow very well, ‘need’ categories would also perform well but ‘ want’ categories would might return to normalcy, a tad slowly.

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