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  Published Paper Details:

  Paper Title

CORONAVIRUS (COVID-19): IMPACTS ON INDIAN ECONOMY

  Authors

  POOJAN PARIKH

  Keywords

COVID-19, Pandemic, Lockdown, Impacts on Indian Economy etc.

  Abstract


Corona viruses are a large family of viruses which may cause illness in animals or humans. In humans, several corona viruses are known to cause respiratory infections ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS) and Severe Acute Respiratory Syndrome (SARS). The World Health Organization (WHO) has declared that the new corona virus outbreak is a public health emergency of international concern, officials announced on Thursday, 30th January, 2020. According to situation report 107 on COVID 19 on 7th May,2020 around 215 countries in the world have been affected by the corona virus. The report stated that globally 36,72,238 (83465 new) confirmed cases have been reported and 2,54,045 deaths occurred due to this pandemic. Due to this epidemic pandemic Lockdown has been done in most of the countries of the world. Due to this lockdown, almost all economic activities except essential items have been shut down. These have adverse impacts on different sectors on Indian Economy. The main objective of this study is to understand the impacts of COVID-19 on different sectors of Indian Economy. The study is based on secondary data. Data have been collected from the various websites, reports, journals etc. The Asian Development Bank estimated that the lockdown will cause a loss of 2.3% in the Gross Domestic Product. The COVID-19 shows a worse impact on the economy and many people lost their jobs and many lost their lives but the government is putting all its effort in order to come out of this worst condition and this condition shows unity among the people and police and government showing their full support to the common people.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2005089

  Paper ID - 194362

  Page Number(s) - 657-662

  Pubished in - Volume 8 | Issue 5 | May 2020

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  POOJAN PARIKH,   "CORONAVIRUS (COVID-19): IMPACTS ON INDIAN ECONOMY", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.8, Issue 5, pp.657-662, May 2020, Available at :http://www.ijcrt.org/papers/IJCRT2005089.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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