• MADHURI CHANSARKAR

Pandemics usually cause a burden on healthcare systems, but COVID-19 also impacted the economies of the affected countries. This is because COVID-19 directly impacted income due to premature deaths, workplace absenteeism and reduction in productivity, causing large scale decline in government revenues also. The lockdown in India had a significant impact on the economy mainly on consumption that is Aggregate Demand, impacting sectors like logistics, auto, tourism, metals, drugs and pharmaceuticals, electronic goods, MSMEs and retail. After unprecedented lockdowns and restrictions to flatten the curve of Covid-19 infection, business and government leaders are now wrestling with the question of when and how to ease them with a three pronged approach. Experts inform that governmental incentives and aggressive stand and the population’s resilience, has made the economy to start expanding again.

Lockdown, pandemic, economic impact, economic recovery

"Economic fallout of Covid -19 in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 12, page no.407-410, December-2020, Available :http://www.jetir.org/papers/JETIR2012253.pdf

"Economic fallout of Covid -19 in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 12, page no. pp407-410, December-2020, Available at : http://www.jetir.org/papers/JETIR2012253.pdf