COVID-19 consequence on Indian economy

Abstract : Covid-19 disease became world-pandemic during March 2020. This pandemic caused tremendous impact on socio-economic status of many countries globally. This outbreak diversely affected several small-scale and large scale industries world-wide. The short-term and long-term impact of COVID-19 and the continuous lock down on various sectors in the country in-deed had an adverse effect on the world economy. This review article insights the scenario of Covid19 outbreak towards an Indian economic status during the lockdown period and its possible impact on GDP. The route cause or transmission vectors that create segment wise impact of covid-19 on various economic sectors of India have been focused. These pandemic situations are also been engrossed by government interventions to minimize the negative impact on the consumer industries. This study also explored the possible threats and opportunities of post pandemic situations as well.