Covid-19 and Indian Economy: Some Issues |
Author(s): |
| Dr.Sangashetty Shetkar , Govt.First Grade College, Bidar |
Keywords: |
| COVID-19, Indian Economy, Industries, Pandemic, Trillion |
Abstract |
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COVID-19 is affected almost all parts of the world economies and people’s lockdown in their homes. This pandemic is not only effected health care systems and peoples’ lives but also its impacting world economies and resulting huge job losses, business disruptions and one of the worst times ever for people on earth. Indian economy has a slightly different story to tell at this hour of crisis. The silver lining for the Indian economy comes from a steep fall in the crude oil prices from around $70 per barrel to a record 18 years low of $22 per barrel almost, all the industries are undergoing massive declines in their businesses, , that they are projecting worse times ahead. At the same time, dreams like a $5 trillion economy no longer look even a remote possibility This paper focuses on different industries, which are most affected by the pandemic on the Indian economy in the short term and the long term. |
Other Details |
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Paper ID: IJSRDV9I40270 Published in: Volume : 9, Issue : 4 Publication Date: 01/07/2021 Page(s): 344-348 |
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