The Economic Effects of Covid-19 on Different Sectors in India


Authors : S. Mohan

Volume/Issue : Volume 7 - 2022, Issue 12 - December

Google Scholar : https://bit.ly/3IIfn9N

Scribd : https://bit.ly/3hCnYmU

DOI : https://doi.org/10.5281/zenodo.7456247

Abstract : COVID-19 has hugely impacted in worldwide economy. Speaking of which, India’s economy has been hugely affected this year compared to other years. According to the source, since 2013 India’s economic growth remains the weakest. In the Q4 of 2019, Indian economy expanded by 4.7%. Earlier it was reported 4.5% on Q3 of the same year, which was revised and known to be 5.1% in the same period. This paper focuses on the impact of COVID 19 across various sector's and how it directly affects the people working in that sector. This paper also elaborates on the economical downfall underlying various factors such as loss of income and jobs lost during the time of this crisis in India

Keywords : Business Sectors, COVID 19, Retail, Education, Agriculture, Construction.

COVID-19 has hugely impacted in worldwide economy. Speaking of which, India’s economy has been hugely affected this year compared to other years. According to the source, since 2013 India’s economic growth remains the weakest. In the Q4 of 2019, Indian economy expanded by 4.7%. Earlier it was reported 4.5% on Q3 of the same year, which was revised and known to be 5.1% in the same period. This paper focuses on the impact of COVID 19 across various sector's and how it directly affects the people working in that sector. This paper also elaborates on the economical downfall underlying various factors such as loss of income and jobs lost during the time of this crisis in India

Keywords : Business Sectors, COVID 19, Retail, Education, Agriculture, Construction.

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