WHAT DOES INDIA STAND TO GAIN FROM THE 'CHINESE' VIRUS?

With several nations already being very upfront with their views on china’s contribution to the pandemic, it’s likely to affect the ‘cheap-labour’ manufacturing giant’s business in the coming months. While the West is also emerging as an even bigger hotspot, you can not be totally wrong to place bets on the indian market’s growth prospects in the not so distant future and here's why.

Business as usual for several industries seems a little too good to be true thought but it’s coming. While businesses not being able to survive the blow might resort to liquidate and look for options, those who might will certainly have a hard time for the initial period. While simply being open for business is not good enough, there will be a huge uncertainty factor looming. 

One of the worst hit areas of the economic impacts are the monstrous factories who at one point of time used to churn out hundreds of products at an alarming rate and are now in a state of complete shut down. With most of their employees furloughed or worse, they would certainly look towards modifying their business models.

China has a huge manufacturing industry. It enjoys a fair amount of international market share and is more or less dependent on it to sustain. While several trade partners of China are unhappy with it at the moment and thanks to the ongoing trade war, they are likely to look for other options and it could not come at a better time while the units have been shut for a period of time and the employees are gone. India is china’s direct competitor in the manufacturing industry in south Asia. Various pro-business initiatives by the present government have ensured India’s readiness to brace the global market’s influx into the country. 

Many giant companies have or already were planning to expand production to India. Apple for instance operates in India at a not so large scale but is looking to base a large part of it's Chinese production quota outside the country's borders. Google and Microsoft also eye neighboring Vietnam and Thailand for new manufacturing hubs. Though it won't be easy for companies to just move on from China, its more or less going to happen.

While it's not just manufacturing that will benefit India, it has various other things to look up to. FDIs and supply chain breaks are what India can hugely profit from. While the grim days for the industries of India are going to be here for a while, India needs to prepare to take its place in the global manufacturing business and prepare for this long awaited leap.

WHAT DOES THE 'TOP-RANKED' ITALIAN HEALTHCARE LACK?

The European country’s healthcare system is applauded all over the world. Being one of the best in the list, it’s really scary for people all over the world to see it breaking its back over the present Coronarvirus pandemic. Italy has a centralised health care system. The healthcare system in Italy is a regionally based national health service known as Servizio Sanitario Nazionale (SSN). It provides universal coverage to citizens and residents, with public healthcare largely free of charge. 

With independent practice by doctors not being a very popular option, the national health service is what the Italians have. Though it’s efficiency is not in question here, it’s ability to cope with the current situation is.

When a centralised organisation is battling a pandemic, it’s course of action is dictated, monitored and evaluated continuously. This may seem like the feasible approach but it’s simply not enough. Doctors in Italy say the lack of primary healthcare is proving to be very expensive.

While doctors can’t or will not make home visits and are switching to remotely delivered medical treatment, there are numerous cases of unreported deaths in italy where the kins of the victims have stated medical negligence as the cause of death. while victims are being prescribed painkilers and wide range antibiotics over the phone, it poses a real question on the death toll being announced by the government of Italy.

European countries have enhanced the scope of private provision within their health care systems. Privatizing services have been suggested as a means to improve access, quality, and efficiency in health care. This raises questions about the relative performance of private hospitals compared with public hospitals. Most systematic reviews that scrutinize the performance of the private hospitals originate from the United States. A systematic overview for Europe is nonexisting. 

India has a wide network of private healthcare establishments with private doctors just depending on their own directions and ability to treat patients. This acts like a second safety net the government can fall onto. While the national organisation would focus on combating the problem at a national stage, communities can still be continued to be served by its own primary healthcare individuals having their own private practice and through India's very reliable private health institutions.