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Journal: International Journal of Advanced Research (Vol.8, No. 5)

Publication Date:

Authors : ;

Page : 711-716

Keywords : COVID-19 Impact Economy Pandemic Lockdown GDP;

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The outbreak of COVID-19 in China in December 2019 has brought the whole world on its knees and has adversely affected the global economy. This is a secondary reseach/review work wherein aim is to study the potential impact of the outbreak of novel COVID-19 on Indian economy. In dept analysis of the impact has been conducted for four sectors, which are, Aviation & Tourism sector, Education& skilling sector, Food & Agriculture sector, and Pharma & Medical device sector. The methodology adopted includes in-depth review and analysis of various published journals, book chapters, newspaper reports, articles, and World wide web(WWW) search. The study concludes that the economic impact of COVID-19 is long term and adverse. There is need to introduce various policy reforms and implement them at grassroot level to mitigate the adverse economic effect of COVID-19.

Last modified: 2020-07-10 20:34:17