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INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)
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ISSN Approved Journal No: 2320-2882 | Impact factor: 7.97 | ESTD Year: 2013
Call For Paper - Volume 12 | Issue 7 | Month- July 2024
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Paper Title
COVID 19: IMPACT ON THE INDIAN ECONOMY
Authors
Aravinth Prasath K
Keywords
Covid-19 pandemic, impact on various sectors, Economic slowdown, economic package, economic recovery
Abstract
The Indian economy is basically a mixed economy and its characterised as a developing market economy. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity. According to the IMF, on a per capita income basis, India ranked 139th by GDP and 118th by GDP in 2018. The sudden outbreak of the Covid-19 pandemic is an unpredictable shock to the Indian Economy. When we look upon the pre economy of India it was struck with decreasing rates of growth. With the prolonged country wide lockdown into several phases from March to June, the global economic downturn and it disrupted the demand and supply chain. The economy is likely to face the prolonged slowdown in the upcoming few years. In this paper we are going the discuss the various impacts of Covid-19 particularly on the Indian economy .
IJCRT's Publication Details
Unique Identification Number - IJCRT2006537
Paper ID - 196229
Page Number(s) - 3934-3937
Pubished in - Volume 8 | Issue 6 | June 2020
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Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882
E-ISSN Number - 2320-2882
Cite this article
Aravinth Prasath K, "COVID 19: IMPACT ON THE INDIAN ECONOMY ", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.8, Issue 6, pp.3934-3937, June 2020, Available at :http://www.ijcrt.org/papers/IJCRT2006537.pdf
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Volume 12 | Issue 7
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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