Authors :
Dr. Shikha Gupta; Dr. Swalesh Gupta
Volume/Issue :
Volume 8 - 2023, Issue 12 - December
Google Scholar :
http://tinyurl.com/mrs94jvy
Scribd :
http://tinyurl.com/wd5srk9t
DOI :
https://doi.org/10.5281/zenodo.10426663
Abstract :
A sudden human and health crisis resulted
from the SARS-CoV-2 and COVID-19 outbreaks, which
have caused dangerously more than 30,000 cases and 2,000
deaths that have been confirmed in 219 countries
worldwide. In March 2020, the World Health
Organization (WHO) declared COVID-19 disease to be
pandemic. Complete "social distancing" for everyone is
advised by the WHO and many other health organizations.
The primary goals of governments in all nations today are
to reduce the number of deaths and cases of (COVID-19)
while also keeping the financial toll of the epidemic under
control. For entire populations residing in affected areas,
self-quarantining was advised by the governments of many
nations. Many nations in the areas most affected by the
pandemic implemented travel bans or restrictions for
residents and visitors. In the areas where the novel Corona
virus was present, more than 200 countries imposed a
complete national lockdown. In an effort to prevent the
spread of disease, many nations decided to ban travel.
With an increase in layoffs, interest rates, ensuing tax
reforms, and many other factors, that ongoing global
lockdown exaggerated every type of business and financial
market to alarming levels. This review article makes an
effort to quantify the potential COVID-19 economic
impact on India across a range of potential dimensions.
Keywords :
Covid 19, Pandemic, Economy, Business, Financial Markets, Lockdown.
A sudden human and health crisis resulted
from the SARS-CoV-2 and COVID-19 outbreaks, which
have caused dangerously more than 30,000 cases and 2,000
deaths that have been confirmed in 219 countries
worldwide. In March 2020, the World Health
Organization (WHO) declared COVID-19 disease to be
pandemic. Complete "social distancing" for everyone is
advised by the WHO and many other health organizations.
The primary goals of governments in all nations today are
to reduce the number of deaths and cases of (COVID-19)
while also keeping the financial toll of the epidemic under
control. For entire populations residing in affected areas,
self-quarantining was advised by the governments of many
nations. Many nations in the areas most affected by the
pandemic implemented travel bans or restrictions for
residents and visitors. In the areas where the novel Corona
virus was present, more than 200 countries imposed a
complete national lockdown. In an effort to prevent the
spread of disease, many nations decided to ban travel.
With an increase in layoffs, interest rates, ensuing tax
reforms, and many other factors, that ongoing global
lockdown exaggerated every type of business and financial
market to alarming levels. This review article makes an
effort to quantify the potential COVID-19 economic
impact on India across a range of potential dimensions.
Keywords :
Covid 19, Pandemic, Economy, Business, Financial Markets, Lockdown.
