Published Paper Details:

Covid-19 pandemic is a hazardous to mankind and its is rapidly reaching the nook and corner of the world. Irrespective of caste, creed, national boundaries and even economic and nuclear power, it has reached to more than 193 countries. It has created an acute pullback on global supply chain, national and international trade and business affairs and the economy at large. The economy started to shrink, many became jobless, death toll is increasing and governments are struggling to find an apt solution to safeguard people from this outbreak. This research paper sketches an over view of covid-19 and its impact on economy particularly on the economy of China, US and India. They also recommend certain suggestions and recommendations to uplift the weakening economy. This research paper also highlights that the industries like tourism, hospitality, air transportation, commerce, trade, manufacturing, MSMEs are the worst affected sectors due to the outburst of covid-19. The early estimates predict that if the covid-19 becomes a global epidemic, most of the major economies will lose at least 2.4 percent of their value of gross domestic product in 2020.