Authors : Sangita V. Dumore
Page Nos : 349-351
Description :
Even as India has reached a new level in Covid-19 with over one lakh positive cases, there is no clear idea yet on the incidence of the disease in the rural areas. Irrespective of any such incidence, rural areas have also come to bear a major brunt of the lockdown imposed since March 25. With hordes of migrants returning to rural areas, there could be the double-whammy of the spread of Covid-19 and the worsening of the socio-economic situation. The current study offers insights on the plight of migrant labourers and impact of COVID-19 on rural economy in India. The governments of most countries, including India, have already taken several measures to reduce the spread of COVID-19, such as lockdown, social distancing, closure of shopping malls, gyms, schools, universities, religious gatherings, etc. This lockdown has affected every Indian sector, such as the Economy, Retail Sector, Tourism Industry, etc. This paper aims to explore to what extent a 2020 epidemic like Covid-19 had impacted the Indian economy using a machine learning approach. The statistical data from esteemed and trustworthy information sources were gathered to realize the impact of the Corona Virus on the Indian economy. Based on this trusted data, analysis has been performed using the various regression models.
