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COVID-19 PANDEMIC AND ITS IMPACT ON BUSINESS ETHICS AND PUBLIC ADMINISTRATION IN INDIA, (IN THE PRESENT CONTEXT)


Arun Kumar L S, Dr. Muninarayanappa
Assistant Professor, RAMAIAH COLLEGE OF LAW, GFGC BENGALURU
Abstract
Business ethics refers to contemporary organisational standards, principles, a set of values and norms that govern the actions and behaviours of an Individual in the business organisation, it is a kind of applied ethics.Covid-19 is one of the pandemic diseases, which has its economic impact all over the country and the world; especially the migrant workers and small wage labourers are the worst hit. It was detected first time in “Hubei province of china on 31.12.2019”, from December to end to one month only few cases infected with pneumonia of unknown cause was found, these made china to declare National emergency, by intimating to WHO (World Health Organisation), WHO named Corona virus as COVID-19, and declared as public health emergency on 30th January 2020. From February 2020 Covid-19 spread drastically to most of the countries. Almost mo 44, 42,414 cases were conformed, to 2, 98,322 conformed death cases of Covid-19 around the world, resulting in unemployment, decrease in demand for “oil, petroleum products, hotel services, restaurants, agricultural products”. This created decrease in unemployment opportunities, inflexible supply of labour as most of the migrant workers returned to their natives for healthy precautions, as the covid-19 rates were more in metro cities like Delhi Bangalore, Kolkata and Chennai. But suddenly the demand increased for certain sectors like medicinal, pharmaceutical, and technological inclusion in most of the service sectors like e-commerce, educational services and online working services, ethical standards in the business have been completely brought to an end, because the decision making process can feel uncertain and chaotic, at the same level every Individuals, business owners politicians and government is completely struggling without vaccine, in spite of the situation. In order to meet the needs of the people of the economy, corporate citizens such as “ITC ltd, INFOSYS”, etc takes initiative measures to carry the business operations by adopting limited ethical values. So this results in lack of ethical standards and moral support which may cause scarcity of resources in the operation process, lack of man power, no proper standard working hours and improper allocation of budget and resources to different divisions in the business units. The purpose of this study is to analyse Covid-19 impact on business ethics in the Indian economy in the commercial world with business and remedies by implementing ethical standard in business during the pandemic situation.
Keywords: Limited ethical standards, Covid-19 pandemic chaotic, Public Administration, e-commerce and ethical code of conduct
Journal Name :
EPRA International Journal of Economics, Business and Management Studies (EBMS)

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Published on : 2021-10-19

Vol : 8
Issue : 10
Month : October
Year : 2021
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