Authors :
Dr. Y. Arundhathi
Volume/Issue :
Volume 5 - 2020, Issue 8 - August
Google Scholar :
http://bitly.ws/9nMw
Scribd :
https://bit.ly/3lJnPuV
DOI :
10.38124/IJISRT20AUG588
Abstract :
Millions of people affected with the outbreak
of Corona virus. The entire world is affected with this
virus and World Health Organization declared it as
Pandemic. This virus has an unprecedented impact on
the Global Economy. WHO declared public health
emergency on 30th January 2020. Most of the countries
are declared lockdown and affected normal life . As a
result socio economic disruption , inhabiting the growth
of entire economies. Almost all sectors of the economies
affected with this pandemic and entire economic system
needs emergency attention of the governments.
In India the first case of COVID19 reported in
Kerala on January 30th 2020 and multiplied within two
months. Government has declared lockdown on 24th
march 2020. The estimated loss of corona virus is 26
billion US dollars in India by the end of June 2020.
Lock down has restricted the economic and business
activity of 1.3 billion people. In this paper an attempt is
made to identify the impact of corona virus on different
sectors of the Indian economy and highlight the reasons.
So that it can be benefited in the post pandemic period
for policy makers.
Millions of people affected with the outbreak
of Corona virus. The entire world is affected with this
virus and World Health Organization declared it as
Pandemic. This virus has an unprecedented impact on
the Global Economy. WHO declared public health
emergency on 30th January 2020. Most of the countries
are declared lockdown and affected normal life . As a
result socio economic disruption , inhabiting the growth
of entire economies. Almost all sectors of the economies
affected with this pandemic and entire economic system
needs emergency attention of the governments.
In India the first case of COVID19 reported in
Kerala on January 30th 2020 and multiplied within two
months. Government has declared lockdown on 24th
march 2020. The estimated loss of corona virus is 26
billion US dollars in India by the end of June 2020.
Lock down has restricted the economic and business
activity of 1.3 billion people. In this paper an attempt is
made to identify the impact of corona virus on different
sectors of the Indian economy and highlight the reasons.
So that it can be benefited in the post pandemic period
for policy makers.