THE ECONOMIC IMPACT OF COVID- 19 WITH SPECIAL REFERENCE TO INDIA

Economics

ABSTRACT It’s since more than a year, India faces major socio-economic set back due to covid-19. As the first case being recorded around Jan 30 -2020 in India, it has rapidly increased to large amount around the world. The covid-19 virus which had been detected in China in November-December 2019 has turned out to be the major pandemic in the History. The covid outbreak has created an adverse impact on the economic growth of the country. In this the numerous sectors of the country got affected as a chain reaction much is binding from trade and commerce to the industry sector, the labour work force Infrastructure etc. Causing disruptive eruptions on the growth of our economy. The paper evaluates the slow GDP growth of India the factor causing the current rise in unemployment problem and slowdown the economic development.

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