REMINISCE 7 - 2020 BBA Annual Magazine
The essence of "Reminisce", the annual students magazine, and The School of Business and Law, is to interact, communicate, inspire, and inform the community of readers — within and beyond the University. The seventh volume of this magazine celebrates the uniqueness of its concept, and diversity of its writing, along with the visual presentation, thereby maintaining its accuracy, healthy discourse, and editorial balance. It is not only endeavors to reflect the values and the quality of the institution and its people but, It also stands for the act of indulgence in the enjoyable moments of the past. Every article encompasses the high spirit of the members of the school of business and law and reflects their ideas and experiences in the current situation. The theme for this year’s magazine, “The Global Stage,” metaphorically and literally illustrates that we have been the biggest audience of the “global shows” going on the world currently – from nature’s fury to the applause towards a better, gender-fluid world. The theme is an eye-opener to the real world and communicates the amalgamation of the threats and opportunities imposed by it. We hereby present to you, “the stage of life” that calls out the protagonist in us for a better, fresher tomorrow. It celebrates the beginning of the “new normal” optimistically. As the Editor-in-Chief, on behalf of Business@NUV, with unceasing support from the SBL family and the management, I take immense pride in releasing Reminisce Volume 7 and hereby declaring it a success. The efforts put in by every individual to craft this magazine and to make sure it reaches the acme is highly commendable and praiseworthy. We take pride in presenting this from the platform provided to us by Navrachana University, for which will be ever grateful. Lastly, we thank our readers, for the time you vested in our magazine. This is a gift from the "Class of Quarantine" (Batch of 2020) to all the potential readers with a lot of takeaways. Rushi Vyas Editor-in-Chief - Reminisce v7 Batch of 2020
The essence of "Reminisce", the annual students magazine, and The School of Business and Law, is to interact, communicate, inspire, and inform the community of readers — within and beyond the University. The seventh volume of this magazine celebrates the uniqueness of its concept, and diversity of its writing, along with the visual presentation, thereby maintaining its accuracy, healthy discourse, and editorial balance. It is not only endeavors to reflect the values and the quality of the institution and its people but, It also stands for the act of indulgence in the enjoyable moments of the past. Every article encompasses the high spirit of the members of the school of business and law and reflects their ideas and experiences in the current situation.
The theme for this year’s magazine, “The Global Stage,” metaphorically and literally illustrates that we have been the biggest audience of the “global shows” going on the world currently – from nature’s fury to the applause towards a better, gender-fluid world. The theme is an eye-opener to the real world and communicates the amalgamation of the threats and opportunities imposed by it. We hereby present to you, “the stage of life” that calls out the protagonist in us for a better, fresher tomorrow. It celebrates the beginning of the “new normal” optimistically.
As the Editor-in-Chief, on behalf of Business@NUV, with unceasing support from the SBL family and the management, I take immense pride in releasing Reminisce Volume 7 and hereby declaring it a success. The efforts put in by every individual to craft this magazine and to make sure it reaches the acme is highly commendable and praiseworthy. We take pride in presenting this from the platform provided to us by Navrachana University, for which will be ever grateful. Lastly, we thank our readers, for the time you vested in our magazine.
This is a gift from the "Class of Quarantine" (Batch of 2020) to all the potential readers with a lot of takeaways.
Rushi Vyas
Editor-in-Chief - Reminisce v7
Batch of 2020
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COVID-19 from an
International Perspective
Due to coronavirus pandemic, several
countries around the world resorted to
lockdowns to decrease the number of
infections. These lockdowns forced millions
of citizens to their homes, shutting down
businesses and stopping almost all
economic activity. According to the
International Monetary Fund (IMF), the
global economy is expected to shrink by over
3 per cent in 2020 – the steepest slowdown
since the Great Depression of the 1930s.
The pandemic has pushed the global economy into a recession, which means the
economy starts shrinking and growth stops.
Various sectors such as Oil and Gas, Industrial metals and Food and Beverages
have been severely hit by this Pandemic. Countries across the world are taking
different measure to revive their economy. In India, Finance Minister announced
Atmanirbhar Bharat Abhiyan package, to provide relief to Medium, Small and
Micro Enterprises (MSMEs) in the form of an increase in credit .
Many developed economies in the world came up with support packages. While
India’s economic stimulus package is 10 per cent of its GDP, Japan’s is 21.1 per cent,
followed by the US (13 per cent), Sweden (12 per cent), Germany (10.7 per cent),
France (9.3 per cent), Spain (7.3 per cent) and Italy (5.7 per cent).
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