A REVIEW OF THE IMPACTS OF COVID-19 ON KEY SECTORS OF INDIAN ECONOMY

ABSTRACT

Coronavirus has come as an obstacle for the world market and especially for Indian economy. According to the Ministry of Statistics, India’s growth fell to 3.1%, in the fourth quarter of the financial year 2020. The Chief Economic Adviser to the Government of India commented to the effect that this dip is obviously because of the pandemic situation around the world. As India had been witnessing an economic slowdown even before the pandemic, this paper will also try to glance at the pre-pandemic situation to put in relief the pandemic effect clearly. According to the World Bank as well the virus has aggravated the pre-pandemic slowdown. The present research paper looks at the specific effects of the virus on Indian workers’ and especially, migrant workers

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