IMPACT OF COVID-19 ON INDIAN ECONOMY

ABOUT THE BOOK This book provides the impact of coronavirus pandemic on India has been largely disruptive in terms of economic activity as well as a loss of human lives. Almost all the sectors have been adversely affected as domestic demand and exports sharply plummeted with some notable exceptions where high growth was observed. An attempt is made to analyze the impact and possible solutions for some key sectors. In view of the scale of disruption caused by the pandemic, it is evident that the current downturn is fundamentally different from recessions. The sudden shrinkage in demand & increased unemployment is going to alter the business landscape. Adopting new principles like 'shift towards localization, cash conservation, supply chain resilience and innovation' will help businesses in treading a new path in this uncertain environment. With an increasing number of coronavirus cases, the government has locked down transport services, closed all public and private offices, factories and restricted mobilization. Based on recent studies, some economists have said that there is a job loss of 40 million people (MRD report) in the country, mostly in the unorganized sectors.

Autorentext

La Dra. P. Pirakatheeswari trabaja como profesora asistente en Comercio - PA, Sri Ramakrishna College of Arts and Science, Coimbatore - 6. Ha presentado más de 120 trabajos y ha publicado más de 80 artículos en revistas nacionales e internacionales. Es autora de algunos libros de texto y también ha recibido numerosos premios de prestigio por su investigación.