Covid-19 has three potential fallout scenarios by mid 2020 considering the present disaster management protocol in force; ‘low impact’ infecting 12 crore people; ‘medium impact’ infecting 18 crore people and ‘high impact’ infecting 25 crore people; each with commensurate numbers of hospitalizations and deaths. Nationwide lockdown for 21 days, and under certain extension(s), have brought economic activity to a standstill. Recessionary trend can be seen in overall slowdown on consumption (private & institutional), Investments (includes capital, additional funding and availability of working capital, banking sector issues etc) and slackening dynamics of trade & commerce. In recessions caused by trade & commerce slowdown alone resulting in fall in output indicators, there may be expected a ‘V’ shaped recovery (best case- 1 to 2 qtr, i.e. end of 2020.); there could be a case for ‘U’ shaped recovery given debt or financial sector meltdown though Indian domestic economy is well insulated from global trends (optimum case- 2 to 4 qtr. i.e. mid 2021) whereas a ‘L’ shaped recovery would be worst case scenario, well extended, where recession is impacted due to a large number of additional factors.

Though, there could be minimum to moderate impact across allsectors however MSMEs will be affected the most and at the earliest.MSMEs are the largest employer in India with ~114 Million employment spread across Trade (36%), Manufacturing (31%) and Other services (33%), which includes Private Security Industry (PSI). The geographical distribution of MSMEs is Rural (49%) and Urban (51%). With a workforce of over 89 lakh personnel managed by over 22,000 PSAs; the PSI is one of the largest employment providing servicewithin MSMEs in the country and one of the largest contributors to corporate and social security taxes (GST, PF, ESI, income tax etc.).This Service being manpower intensive and real time responsiveis extremely sensitive to market dynamics; structurally and operationally fragile in nature; in that the slightest deviation would spontaneously transfer the entire impact many fold to all the stakeholders of this Service. A major disruption may leave a lasting injury on the entire Sector.

While we arenow focusing on securing ourpopulation from health hazards and providing relief, especially to the poor, we also immediately need to think long-term to secure the health of our economy, the viability of our businesses, and the livelihoods of our people. The following consideration may help us find our New Normal post Covid-19.

  • Localization of service delivery against generalization of contractual designs.
  • Faster adoption of Digital medium
  • Move from credit business to Cash business.
  • Conserve available cash and monetize assets of possible.
  • Move towards variable cost models
  • Move towards greater Customer Value Proposition through customization

For the eternal optimist there’s always a rainbow at the end of a storm. A cursory study of the World’s most devastating financial crises this century, from the Great Depression of 1929–39 to the Financial Crisis of 2007–08 has proved thata resilient nation and a responsible society, has always come out strongly resurgent from such crisis however severely battered and bruised this pandemic may leave us with.A best-case projection indicates a delightful transformation of perception of the Private Security Industry from a plain vanilla physical guarding service to a new format‘Total Integrated Security Management’ platform delivering completely repackaged modern bundled end-to-end enterprise security solutions.

Extraordinary situations warrant extraordinary responses CISS works from home.   |   We make clients’ premises our new home  |   Oh Corona tum CISS ko to mat darana because  |   East or West we wash our hands the best  |   North or South we always cover our mouths.  |   CISS - Where the ordinary achieve the extraordinary.  |   Nuggets on our Site : Press button CISS Profile Animation on home page.  |  Can you imagine what will happen if even one person tests positive at your plant ?   |   Do you believe that your present arrangements are adequate ?   |   How will you prevent it ?   |   Want to learn what new protocols should be followed ? Press Button : CISS Manual for Revised Enhanced Security Protocols due Covid-19 on home page.   |   Did you know that Hydroxycloroquine (HCQ) is a prescription medicine and sale is totally prohibited without valid prescription ???   |   To read more go to page 11 of CISS Manual Of Revised Security Protocols Due Covid-19 on home page.   |   Are you aware that a temperature over 100.4°F (38°C) is most often presumed to be fever caused by an Infection or illness ??   |   Also the human body temperature normally changes throughout the day.   |   Did you know the recommended way of using Human Body Temperature Scanner ??   |   The correct way to use these thermal scanners is to place the individual at a distance of 1-3 cm from the scanning device.   |   If the person being scanned is beyond this distance, the air temperature is also factored in by the device in its reading.   |   This gives a false sense of comfort to the assessors and the people being scanned.   |   Did you know that a Pandemic does not mean lots of people will die.   |   It means that a disease has spread in a large global area.   |   Pandemic is defined as the worldwide spread of any disease for which people do not have immunity.   |   Hence both Government and each one of us have to take extra precaution to prevent the infection.   |   Therefore gradually businesses and work will return to a new normal wherein we all will have take precautions against the infection - continue to work and undertake all other routine activities.   |   Are you sure you know the difference between Quarantine & Isolation ?   |   Quarantine is for people who were exposed to risk of Corona virus but are not sick.   |   Isolation is for only people who are sick and they require proper infection control and sterilisation measures.   |   Quarantine requires people to remain at their homes or at a designated place for 14 Days.   |   Isolation separates people who are sick from those who are not sick and allows appropriate treatment in a hospital setting.   |   Just because one has been quarantined does not mean the person is sick.   |   |   Contact CISS India today for Security Consulting and Security Services in cities like Mumbai, Pune, Ahmedabad, Indore, Roorkee, Nagpur etc..   |