SOCIO-ECONOMIC IMPACT OF CORONA VIRUS ON INDIAN ECONOMY

Corona virus disease is an infectious disease briskly spreading all over the world, causing lacks of death all over the world by directly attacking the respiratory and immune system. Many studies have suggesting that this virus can cause severe long term damage to brain, lungs and heart. This worldwide pandemic is impacting the Indian economy negatively causing many adverse socio-economic effects to Indian economy and large economic downfall like unemployment, falling Gross domestic product (GDP), weakening the economic chain of business activities and crashing up of small scale businesses and hampering the international trade, All these factors pushing the Indian economy towards recession. This paper will we will have a dynamic view of socio-economic impacts of corona virus on Indian economy.