Covid 19 and Indian Economy

Covid 19 and Indian Economy PDF

Author: Dr. Harshit Dwivedi

Publisher: Shashwat Publication

Published: 2021-04-27

Total Pages: 97

ISBN-13: 9390290325

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The Book Indian economy is witnessing an unprecedented situation due to outbreak of deadly pandemic COVID-19 which has affected almost every socio-economic sectors of the country. Indisputably, it will have a huge adverse impact on Indian economy, revival and healing of the same would require, more or less, two to three years restoring normalcy in various sectors. The main task before the government and policy formulation agencies is to convert challenges arising due to pandemic into opportunities for Post-COVID era. The government announced a number of measures to fight with the emerging situations which includes food and health security, reforms in banking and other financial institutions, infusing financial incentives for different sectors of the economy. Due to various phases of lockdowns, almost every sector of the economy is badly affected but a few sectors like Food retailing, FMCG, Pharmaceutical etc. are all put to make out considerable growth in the Post-COVID period. This paper reveals the forthcoming impact of the emerging situations on various sectors of the economy and suggests a set of policy recommendations to convert challenges into opportunities for the Indian economy. This Book helps how to diagnose all kinds of problems occurring during the period of Lockdown and also what is going on inside the Indian Economy. This book will also be suitable for researchers and policy makers.

Impact of Covid-19 on Indian Economy

Impact of Covid-19 on Indian Economy PDF

Author: R. . . Jagannath Editor And Co- Author

Publisher:

Published: 2021-05-12

Total Pages: 114

ISBN-13: 9781639204014

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This intellectual output will definitely go a long way to remain as a reference matter of this cross section of time in posterity.It will trigger enterprise and interest in learning which are so vital to re- engineer and steer the Econoy out of the present slow down.The book will show light in these testing and and searching times for I...

The COVID-19 Pandemic, India and the World

The COVID-19 Pandemic, India and the World PDF

Author: Rajib Bhattacharyya

Publisher: Taylor & Francis

Published: 2021-09-30

Total Pages: 426

ISBN-13: 1000463060

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This book analyses the economic and social impact of the Covid-19 crisis with special focus on India. It examines the economic disruption caused by the pandemic, policy responses to it and the prospect of a severe global recession. It also covers how the pandemic has contributed to considerable suffering among the masses and affected socio-cultural relationships, behavioural patterns and psychological attitudes governing human interaction. A topical and timely collection on the pandemic, the essays in the volume discuss several key themes which include, · The Corona pandemic and the changing global economy; growth, trade and macroeconomic recovery; · Public health and policy failures; appropriate policy response; · Impact on education; guidelines for the future; · Idea of economic herd immunity; impact of India’s lockdown, crisis of the migrant labourers; · Impact on agriculture, industry, firms, households and the informal sector; · Implications of digital technology for production, labour and labour relations; · Violence amidst the virus; Covid 19 and Hindu- Muslim conflict in India, domestic violence, questions of occupation, identity, gender and vulnerability; · De-globalisation and environmental challenges in the post-Covid era. Engagingly written, this comprehensive volume compiles original research by leading economists from India and abroad. It will be useful for scholars and researchers of economics, of the Indian economy, development economics, development studies, labour studies, public policy, public administration, governance, sociology and political economy.

The Impact of COVID-19 on India and the Global Order

The Impact of COVID-19 on India and the Global Order PDF

Author: Mousumi Dutta

Publisher: Springer Nature

Published: 2022-02-18

Total Pages: 337

ISBN-13: 9811684723

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This book provides a multidisciplinary analysis of the many socio-economic challenges posed by COVID-19 pandemic across international boundaries, disrupting the economic system and life styles globally. It starts by setting the historical context of the pandemic and proceeds to describe the impact on the Indian economy, how certain sections of the population have become economically and psychologically vulnerable. International experts from diverse fields—development economics, macroeconomics, corporate finance, history, sociology, psychology, public policy, and urban studies—contribute to this exciting analysis of an Indian and global society at the crossroads. The book examines emerging themes related to global economic revival, intellectual property rights over the vaccine, and rupturing of the global supply chains. It discusses the response of institutions and markets to the global pandemic. It closes with a futuristic look at the new society and global system that may emerge out of the chaos. A valuable resource appealing to a wide readership across the social sciences and the humanities. Readers include undergraduate students, postgraduate students, researchers and academic teachers, and also public policy experts.

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

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

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.

Indian Economy's Greatest Crisis

Indian Economy's Greatest Crisis PDF

Author: Arun Kumar

Publisher: Portfolio

Published: 2021-05

Total Pages: 264

ISBN-13: 9780670094554

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'Desperate times call for desperate measures.' The outbreak of COVID-19 aptly justifies this expression as the world faces an unprecedented situation. But what is so unusual about the coronavirus, especially since viral attacks-H1N1, Ebola and Nipah-have taken place earlier as well? How has it affected India and the world? What are the socio-economic implications for India? How has India's response been to the coronavirus? What is more important-life or livelihood? How can India recover from the sudden economic shock caused by the pandemic? This book is an attempt to answer these and many more such questions. The coronavirus hit the world in December 2019 like a hurricane. What started as a medical emergency soon turned into an economic one. No global financial crisis has ever hit humanity as hard as COVID-19. The world, therefore, was caught ill prepared when the pandemic struck. The situation, to say the least, is worse than a war. The situation in India is no different: In terms of the number of cases reported, it is second only to the United States. This book highlights the enormity of the impact of the coronavirus pandemic on India. It critically examines the government's efforts to control the disease and mitigate its adverse effects on Indian economy and society. Making a compelling argument that an economy is not like a rubber ball, which, if dropped on a hard surface, will bounce back to its original position, the author provides incisive reasons to why economic recovery will be slow and not 'V-shaped'. He, however, cogently suggests that good governance, a robust public-health system, and clean and representative politics are key to bringing India's economy back on track.

Covid-19 and the Indian Economy

Covid-19 and the Indian Economy PDF

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

Covid-19 Pandemic and Economic Development

Covid-19 Pandemic and Economic Development PDF

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.