COVID-19: A study of its impact on selected sectors of the Indian economy

Abstract

Following the emergence of the COVID-19 epidemic, India's economy is reeling. The epidemic made it more difficult for India's economy to thrive, as it was already grappling with economic slowdown, demonetization, and a growth in NBFCs, among other issues. There are massive losses in practically every sector of the economy, including education, finance, entertainment, and tourism. On the other hand, it has had a favourable impact on agriculture, the oil industry, the ecology, and so on. The global economy has been thrown into disarray. In order to mitigate the impact of Covid-19, the Indian government has announced a number of financial support initiatives, including Atmanirbhar Bharat Abhiyan, PMKGKY, and others.