ANALYZING INDIAS BALANCE OF PAYMENTS POSITION DURING THE PANDEMIC PERIOD

The current pandemic scenario is trying with the administration limits and wellbeing health frameworks across countries, and handles its socio-economic consequences. According to different reports, the health emergency which initially began as a wellbeing crisis has converted a worldwide financial turmoil on scales like the incredible downturn of 2007-08. According to the World Economic Outlook, the projection of worldwide development in 2020 will tumble to - 3 percent which is essentially lower than the development paces of - 0.1 percent during the 2009 financial turmoil. This has the monetary effect of Covid-19 far more highly contrasted with the 2009 worldwide financial crisis, making it the most exceedingly terrible downturn since the Great Depression of 1930s. An earnest attempt has been made in this paper to articulate the Indias Balance of payment position during the pandemic period. To conclude, No doubt the Indias balance of payment is surplus after a long gap of 18 years.