Seybold Report ISSN: 1533-9211
Mr. Ezhil Maran. K. P1& Dr. M. Jeevarathinam2
Vol 17, No 12 ( 2022 ) | Licensing: CC 4.0 | Pg no: 3113-3123 | Published on: 10-12-2022
Abstract
India is a second largest country with highest cases of Covid19 that has turned into a global pandemic. As a measure to control the spread of Covid, the government imposed lockdown throughout the Country. The Lockdown imposed in India has its own economic consequences; Indian business is also experiencing unprecedented problems, including issues associated with employees. This lockdown severely disrupted business activity and mobility, with millions of private sector employees traveling back to their villages as opportunities to work in the cities dried up. According to Rubix Data Sciences, there has been a massive surge of 26% in the new company incorporation in FY21. This study attempts to assess the problems of private sector employees and the transition mindset that has cropped up among employees to change over as an entrepreneur during pandemic. This study also wants to highlight the motivational factors and obstacles that resist the employees from becoming an entrepreneur. The primary data is collected by using online survey method from different categories of private sector employees. This present study attempts to give a clear insight in to the title mindset of private sector employees and also the factors influenced to change over during pandemic and also adds other new insights.
Keywords:
Transition mindset, Private sector employees, Entrepreneur Pandemic.