Authors : Dr. Suhas B. Telang
Page Nos : 135-136
Description :
Corona's influence is felt in all countries of the world. Many countries have been hit by the first and second waves of the Corona. Its adverse effects on the economy of many countries are being seen today. Lockdown was also imposed in India on March 24, 2020. After this, all transactions in the country came to a standstill. The country somehow seemed to stop where it was. The production area was completely closed. Along with the service sector, some other sectors were allowed to work from home. Even so, owning one is still beyond the reach of the average person. The workers were not getting work so their demand was also stopped. All this is having an effect on the economy of the country. Although the lockdown imposed during the second wave was somewhat milder than the first wave, it certainly had an effect on the economy. One of the predictions is that the economic downturn could hit the country and the world. The research seeks to assess the impact Corona has had on the country's economy.
