EFFECT OF INDIAN ECONOMY DURING COVID-19

EFFECT OF INDIAN ECONOMY DURING COVID-19

DR. RAMARCHA KUMAR , RISHABH SRIVASTAVA

School of Business

GALGOTIAS UNIVERSITY

Greater Noida , India

ABSTRACT

OBJECTIVES

The point of this examination paper is to analyse impact of Indian economy during Coronavirus 19.

India had been going one of the most horrendously terrible period of the monetary emergency in its 72 years of history . India's main 3 rating organisations like fitch moody's and S&P have previously decreased development pace of India's GDP . To the most reduced stamps much before crown . Presently , this crown pandemic would have an enduring and alarming impact on the Indian economy which could push India just about 70 years back like the period .

The world's most noteworthy lock down that shut a greater part of the production lines and business suspended flights , halted prepares and confined snapshots of vehicles and individuals . The world's greatest lockdown might have cost the Indian economy Rs. 7-8 lakh crore during the multi day time span , investigator and industry bodies said . With the plan to contain the spread of COVID - 19 . State head Narendra modi with impact from walk 25 declared a cross country complete lockdown that purchased as much as 70% financial movement , venture , trades and optional utilisation to a halt . Just fundamental labor and products like agribusiness , mining , utility administrations .

The review analyse the condition and effect of Coronavirus in India's different area . One of the vital targets of the review is to comprehend and investigate different element that causes Indian economy down. The review can be utilised for making a few compelling strategies , connected with their effect and idea to fill hole among Corona and economy of nation .