( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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IMPACT OF COVID-19 ON INDIAN ECONOMY

    2 Author(s):  DR. SUCHITANAND MALKAPURE,DR. DASHARATH MEHTRY

Vol -  12, Issue- 4 ,         Page(s) : 157 - 162  (2021 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

The oscillations in the economy are common. Sometime the economy reaches the peak and some time it falls to depression. The period of prosperity is followed by a period of depression and vice-versa. During current Covid-19 pandemic not only the Indian economy but the economies of the world have crashed to depression stage. The Indian economy which was already reeling under huge distress the pandemic has suppressed it under its feet, resulting in one of the lowest growth rates in the era.

1. Mridusmita Changes in Methodology of calculating GDP-India, Economyria economy simplified 28/05/2020 http://economyria.com.
2. Lockdown leads to a 30% spike in data consumption: EY, Economic Times Telecom.com, 15/06/2020   https://telecom.economictimes.indiatimes.com
3. Avishek G Dastidar Railways estimates Rs 40,000 cr loss this fiscal due to Covid-19 pandemic, The Indian Express, 29/07/2020 https://indianexpress.com/article/india/railways-estimates-rs-40000-cr-loss-this-fiscal-due-to-covid-pandemic-6528285/

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