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Impact of Covid-19 On Indian Economy: A Multi-Dimensional Study

Author: Dr. Sajad Ahmad Mir

Publisher: OrangeBooks Publication

Published: 2021-10-10

Total Pages: 204

ISBN-13:

Since the first outbreak of the novel Corona Virus in Wuhan (China), many changes have taken place in the world, and India has no exception to it. Even today, we can find the impact of the virus all around us as many educational institutions are not yet completely open, online classes are preferred by universities and colleges, public buses are not preferred, even in our daily life, there are many changes as people still are wearing masks for going out. Talking about the macro-level Indian economy is not able to recover from the troublesome shock that the Covid-19 in terms of loss of human lives and loss of economic activity. There is hardly any sector that has not been adversely affected as domestic demand and exports sharply plummeted with some notable exceptions. While some of the effects of covid-19 were only short-term but there are many long-lasting impacts of it as the lockdown had much impacted the supply chain. All major affected sectors are education, travel and tourism, manufacturing, retail, export, import, reduction of capital formation, etc. if these aspects are not given deep thought, how the Indian economy can recover from the fast growth that it has left behind due to pandemic. The book tries to discuss all these aspects in a single cover.

State-Level Health and Economic Impact of COVID-19 in India

Author: Mr. Pragyan Deb

Publisher: International Monetary Fund

Published: 2021-11-19

Total Pages: 40

ISBN-13: 1616354690

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The health and economic impacts of COVID-19 on India have been substantial, with wide variation across states and union territories. This paper quantifies the impact of containment measures and voluntary social distancing on both the spread of the virus and the economy at the state level during the first wave of the COVID-19 pandemic. We construct a de-facto measure of state-level social distancing, combining containment strigency and observed mobility trends. State-level empirical analysis suggests that social distancing and containment measures effectively reduced case numbers, but came with high economic costs. State characteristics, such as health care infrastructure and the share of services in the economy, played an important role in shaping the health and economic outcomes, highlighting the importance of adequate social spending, health care infrastructure, and social safety nets.

COVID-19 Impact on Indian Economy and Economic Remedial Measures In Overall Context of World Economy

Author: Dr. V.V.L.N. Sastry

Publisher: Bright & Young Publishers

Published: 2021-01-10

Total Pages: 261

ISBN-13:

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COVID 19 pandemic has devastated the global economy, and India is one of the countries that has felt the full economic devastation of the pandemic. The pandemic led to the losses of jobs of millions of people. It also led to the abrupt halting of the economic activities in various sectors. It affected both the industrial production and services sectors of the Indian economy. The impact of the pandemic on the economy is evident in the GDP growth of the country for the first quarter (April –June) and the second quarter (July- September) of the fiscal year 2020. The country has experienced for the first time consecutive periods of contraction of GDP, which made it fall into a recession economy for the first time. However, some of the blame of the adverse impact of the pandemic on the economy may be heaped on to the government. The government implemented policies have adversely aggravated the economic situation currently faced by India. In addition, the government did not implement effective measures to deal with the economic fallout of the pandemic. Since the pandemic is unique and faced by the world for the first time, the current study looked at the impact, and some of the measures that may expedite the recovery of Indian economy.

COVID-19 Pandemic and Its Multidimensional Impact

Author:

Publisher:

Published: 2021

Total Pages: 427

ISBN-13: 9788195076024

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Contextualizing the COVID Pandemic in India

Author: Indrani Gupta

Publisher: Springer Nature

Published: 2023-10-29

Total Pages: 316

ISBN-13: 9819949068

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This book brings together contributions that explore various dimensions of the pandemic from a long-term development perspective. It also analyzes the existing policy responses and the gaps therein, to enable a greater understanding of how public policy – during a pandemic like COVID-19 – can be better aligned with the developmental challenges faced by individuals and households in India. Through its thirteen contributions, the book highlights the connection between the pandemic and development as deep and multilayered, and not unidirectional. It highlights how the existing inequalities and inequities in the system determined who gets impacted and to what extent, and how soon they can recover, if at all. It analyzes policies and programmes that have been implemented based mostly on the immediate pandemic crisis, and responded less to the pre-existing conditions that have shaped socio-economic outcomes. The book would be a great resource to study possible future responses to similar health disasters in a multi-cultural, multi-religion, multi-caste and multi-class melting pot like India.

Beyond Covid's Shadow

Author: Sanjaya Baru

Publisher: Rupa Publications India Pvt Limited

Published: 2021

Total Pages: 321

ISBN-13: 9789390356898

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The book offers multidimensional perspectives on the impact of COVID-19. The book provides suggestions in terms of the macroeconomic policy response required for an Atmanirbhar Bharat Essays by several eminent and highly regarded contributors like C. Rangarajan, Subramanian Swamy, Bibek Debroy, Meghnad Desai,

Economic Impact of the COVID-19 Pandemic in India

Author: Harish Kumar Banga

Publisher: GRIN Verlag

Published: 2020-09-21

Total Pages: 10

ISBN-13: 3346249824

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Scientific Study from the year 2020 in the subject Economics - International Economic Relations, grade: 10.0, , language: English, abstract: This paper discusses the impact of the COVID-19-Pandemic on economy in India. As the new budgetary year starts, the Coronavirus has tainted over a million people above 200 nations a scourge defying the entirety of humankind. It affects ways of life, organizations, economies, and the supposition of regular prosperity that we all have to a great extent underestimated. Indeed, even before the beginning of this pandemic, the worldwide economy was going up against choppiness by interruptions in exchange streams and weakened development. The circumstance has now been bothered by the interest, flexibly and liquidity stuns that COVID-19 has dispensed. When the pandemic is controlled, the shape and speed of the recuperation in the U.S. what is more, China will among the key variables deciding the nature and footing of worldwide monetary recuperation. It is our desire as of now that the course of monetary recuperation in India will be smoother and quicker than that of numerous other propelled nations.

Covid-19 Pandemic and Economic Development

Author: Sukhpal Singh

Publisher: Springer Nature

Published: 2021-09-27

Total Pages: 322

ISBN-13: 981164442X

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This book offers a comprehensive analysis of the pre-Covid-19 and post-Covid-19 situation and public policy measures needed to revive the economy in the light of the recent initiatives by the state government, including a committee to suggest post-Covid-19 revival strategy. This collection of essays by specialized author/s in her/his/their area of research examines the impact of Covid-19 in the larger context of economic and developmental context of Punjab, ranging from basic developmental transformation analysis to the specific policy issues in each sector and policy domain, including the larger developmental crisis in the context of the regional economy and society of Punjab. The sectors analysed include: agriculture including dairy sector and agricultural markets, industry, services, education, health, besides fiscal, banking, diaspora, gender, governance, and sustainability challenges the state economy faces. It dwells on sector specific issues as well as ways forward for betterment of livelihoods of those engaged, especially farmers and industrial and service sector informal workers.

Covid-19 and the Indian Economy

Author: Mukunda Chandra Sahoo

Publisher:

Published: 2020-12-15

Total Pages: 190

ISBN-13: 9788177085174

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With strong macroeconomic fundamentals, the Indian economy was well-placed on trajectory of high growth rate in early 2020 when outbreak of coronavirus epidemic in China was reported. On March 11, 2020, the World Health Organization (WHO) declared the epidemic as a pandemic, plunging the world into an unprecedented medical crisis. When countrywide lockdown was announced from March 25, 2020, most of the economic activities came to a grinding halt in urban areas. However, rural India continued to be normal in view of the exemption from restrictions allowed to farmers to conduct farming operations, including harvesting and transporting their produce to grain markets with the general conditions of face covering, hand hygiene and social distancing. These exemptions helped to maintain continuity in supply chain, especially in view of harvesting and sowing season.To deal with the economic challenges caused by the pandemic, Prime Minister Narendra Modi announced the creation of 'COVID-19 Economic Response Task Force' under the Union Finance Minister. Similarly, PM CARES Fund was created to deal with any kind of emergency or distress situation.On May 12, 2020, the Prime Minister announc

The Challenge of Slums

Author: United Nations Human Settlements Programme

Publisher: Routledge

Published: 2012-05-23

Total Pages: 346

ISBN-13: 1136554750

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The Challenge of Slums presents the first global assessment of slums, emphasizing their problems and prospects. Using a newly formulated operational definition of slums, it presents estimates of the number of urban slum dwellers and examines the factors at all level, from local to global, that underlie the formation of slums as well as their social, spatial and economic characteristics and dynamics. It goes on to evaluate the principal policy responses to the slum challenge of the last few decades. From this assessment, the immensity of the challenges that slums pose is clear. Almost 1 billion people live in slums, the majority in the developing world where over 40 per cent of the urban population are slum dwellers. The number is growing and will continue to increase unless there is serious and concerted action by municipal authorities, governments, civil society and the international community. This report points the way forward and identifies the most promising approaches to achieving the United Nations Millennium Declaration targets for improving the lives of slum dwellers by scaling up participatory slum upgrading and poverty reduction programmes. The Global Report on Human Settlements is the most authoritative and up-to-date assessment of conditions and trends in the world's cities. Written in clear language and supported by informative graphics, case studies and extensive statistical data, it will be an essential tool and reference for researchers, academics, planners, public authorities and civil society organizations around the world.