Sunday, April 5, 2020

Covid-19-Flattening the curve

The pandemic due to the outbreak of Covi-19 has emerged as a major health emergency across the globe. Till date, around 1.2 million people, have been infected by this virus and more than 60,000 people have lost their lives. It is difficult to estimate the mortality rate on account of this illness as a large number of cases are asymptomatic and hence these cases often don't get reported but the mortality figure due to Covid-19 that is being projected in media is around 3-4%. It is widely believed that the mortality rate varies with the age group and the people over 60 years old are the most vulnerable group. Countries such as Italy have seen a higher mortality rate on account of a sheer spike in new cases that can overwhelm the healthcare system, leading to a large number of infected people unable to get proper treatment. The disease has crippled the travelling and tourism industry as people have been asked to stay at home as several countries have resorted to lockdown to prevent the disease from spreading.

It is a highly infectious disease and one person on an average infects more than 2 people per day under normal circumstances. Scientists have advised people to adopt "social distancing" as the only way to break the transmission chain of this disease. In this way, the virus can be contained within few groups and finally eliminated. We all have to come together in this fight against Coronavirus, which has emerged as a major challenge to humanity since World WAR II.

Why revenue sharing is the right payment mechanism for governments to adopt regarding telecom operators?

Allocating spectrum through auction is a fundamentally wrong method as it creates entry barriers for new entrants. Allocating spectrum throu...