International Journal of Social Science & Economic Research
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Title:
IMPACT OF COVID-19 ON THE VARIOUS SECTORS OF THE INDIAN ECONOMY AND ITS POLICY IMPLICATIONS

Authors:
Hanisha Kochhar

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Hanisha Kochhar
SARLA ANIL MODI SCHOOL OF ECONOMICS, NMIMS UNIVERSITY

MLA 8
S., Dr. Puttaswamaiah. "IMPACT OF COVID-19 ON THE VARIOUS SECTORS OF THE INDIAN ECONOMY AND ITS POLICY IMPLICATIONS." nt. j. of Social Science and Economic Research, vol. 6, no. 6, June 2021, pp. 1657-1716, doi.org/10.46609/IJSSER.2021.v06i06.004. Accessed June 2021.
APA 6
S., D. (2021, June). IMPACT OF COVID-19 ON THE VARIOUS SECTORS OF THE INDIAN ECONOMY AND ITS POLICY IMPLICATIONS. nt. j. of Social Science and Economic Research, 6(6), 1657-1716. Retrieved from doi.org/10.46609/IJSSER.2021.v06i06.004
Chicago
S., Dr. Puttaswamaiah. "IMPACT OF COVID-19 ON THE VARIOUS SECTORS OF THE INDIAN ECONOMY AND ITS POLICY IMPLICATIONS." nt. j. of Social Science and Economic Research 6, no. 6 (June 2021), 1657-1716. Accessed June, 2021. doi.org/10.46609/IJSSER.2021.v06i06.004.

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Abstract:
The COVID-19 Pandemic has generated an unforeseen health and economic crisis for the Indian economy. The Indian economy was already in a phase of slowdown before the inception of the virus. The elongated lockdown disrupted the demand and supply-side mechanisms of the economy. This study aims to examine the impact of COVID-19 on different sectors of the Indian economy by utilizing both primary and secondary sources of data. Through this study the extent of severity caused by the pandemic on the various sectors is determined. A primary research for understanding the reaction of the local economy in the era of Digital transformation is conducted. While several economic indicators, benchmarks and research papers are used in analyzing a particular sector. The final section of the paper puts forward policy implications and recommendations specific to each sector in order to overcome this pandemic infused economic downturn.

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