International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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    1 Author(s):  DR MANISH KUMAR RAWAL

Vol -  12, Issue- 9 ,         Page(s) : 51 - 56  (2021 ) DOI :


Covid19 pandemic has the adverse impact on the Indian business. The outbreak is indeed a shock to the Indian economy. The impact of the corona virus pandemic COVID-19 could lead to slowdown in domestic demand. This will result in erosion of purchasing power due to job losses or pay cuts and slow-down effect of deferred demand will have a longer lasting impact on different sectors, especially where demand is discretionary in nature. The Government of India has announced a variety of measures to tackle the situation, from food security and extra funds for healthcare, to sector related incentives and tax deadline extensions. With the prolonged country-wide lockdown, global economic downturn and associated disruption of demand and supply chains, the economy is likely to face a protracted period of slowdown. This research paper focuses on impact of the outbreak of pandemic Covid-19 on Indian economy.

[1]. Vikas Barbate, Rajesh N. Gade and Shirish S. Raibagkar,  "COVID-19 and Its Impact on the Indian Economy" , Research Article Vision 25(1) 23–35, 2021 © 2021 MDI
[2]. Monika Chaudhary , P. R. Sodani  and Shankar Das, "Effect of COVID-19 on Economy in India: Some Reflections for Policy and Programme", ournal of Health Management 22(2) 169–180, 2020 © 2020 Indian Institute of Health Management Research.
[3]. Dr. Kishore Kumar Das, Shalini Patnaik, International Journal of Electrical Engineering and Technology (IJEET) Volume 11, Issue 3, May 2020, pp. 194-202, Article ID: IJEET_11_03_023

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