Impact of Corona Virus(COVID-19) on the Indian Economy – I


The outbreak of COVID-19 is expected to have a very significant impact on the world economy in general and the Indian economy in particular. The impact ranges from recession, supply chain disruptions and is expected affect trade for at least the next two years.

The rating agencies have slashed the Indian GDP growth projection for the current financial year from 5.2% to 2.5%. While Crisil has cut its base GDP growth forecast from 5.7% to 5.2% in 2021, S&P has reduced the Indian GDP growth projection from 7% to 6.9% in 2022. The projections of Fitch ratings are starker with GDP growth projection of 5.1%, 6.4% for 2021 and 2022 respectively.

The Indian industry had urged relief measures namely, fiscal and monetary stimulus measures to deal with the impact of COVID-19 on the Indian economy. The government of India has announced fiscal stimulus measures and has constituted an economic response task force to deal with the situation. On its part, RBI has announced a series of monetary measures to contain the impact of COVID-19 on the Indian economy.

According to a recent Crisil study, the most vulnerable sectors, in terms of sector revenues, are Cars, commercial vehicles, auto components, two wheelers, tyres, airlines, cotton yarn, gems & jewellery, sea food, construction, leather, aluminium and steel. The sectors that are reasonably resilient to weather the COVID-19 storm are telecom, fertilizers, agri-chemicals, FMCG, IT services, power, hospitals and pharmaceuticals.

By Dr. Srikanth Parthasarathy
Associate Professor, Rajalakshmi School of Business, Chennai

  1. I¦ve learn several excellent stuff here. Certainly price bookmarking for revisiting. I surprise how so much effort you put to create this type of fantastic informative website.

  2. you’re really a good webmaster. The site loading speed is amazing. It seems that you are doing any unique trick. Moreover, The contents are masterpiece. you have done a great job on this topic!

  3. I haven’t checked in here for a while because I thought it was getting boring, but the last several posts are good quality so I guess I will add you back to my everyday bloglist. You deserve it my friend 🙂

  4. Wonderful work! This is the type of information that should be shared around the net. Shame on Google for not positioning this post higher! Come on over and visit my web site . Thanks =)

  5. hey there and thank you for your information – I’ve certainly picked up something new from right here. I did however expertise some technical points using this website, since I experienced to reload the web site a lot of times previous to I could get it to load properly. I had been wondering if your web host is OK? Not that I am complaining, but sluggish loading instances times will sometimes affect your placement in google and could damage your high-quality score if ads and marketing with Adwords. Anyway I am adding this RSS to my e-mail and could look out for a lot more of your respective exciting content. Ensure that you update this again very soon..

  6. We stumbled over here coming from a different web page and thought I might as well check things out. I like what I see so i am just following you. Look forward to looking at your web page repeatedly.

  7. Right now it sounds like Drupal is the top blogging platform out there right now. (from what I’ve read) Is that what you are using on your blog?

  8. Pingback: albuterol inhaler
  9. Pingback: viagra from india
  10. Pingback: canadian viagra
  11. Pingback: generic sildenafil
  12. Pingback: viagra for sale
  13. Pingback: viagra 50mg
  14. Pingback: Google
  15. Pingback: cialis for sale
  16. Pingback: Make Money Fast
  17. Pingback: Make Money Fast
  18. Pingback: Real cialis online
  19. Pingback: bitcoin casino
  20. Pingback: kratom
  21. Pingback: levitra coupon
  22. Pingback: Umzugsfirma Wien
  23. Pingback: vardenafil 20 mg
  24. Pingback: Sonia Randhawa
  25. Pingback: best online casino
  26. Pingback: education
  27. Pingback: Buy fake money
  28. Pingback: free viagra
  29. Pingback: kratom near me
  30. Pingback: London escort
  31. Pingback: cbd for pain
  32. Pingback: maeng da kratom
  33. Pingback: Sonia Randhawa
  34. Pingback: real money casino
  35. Pingback: 5euros
  36. Pingback: Sonia Randhawa
  37. Pingback: Sonia Randhawa
  38. Pingback: SEO Service
  39. Pingback: 5euros
  40. Pingback: cialis 20 mg price
  41. Pingback: personal loan
  42. Pingback: Workshop
  43. Pingback: loan online
  44. Pingback: viagra cost
  45. Pingback: cialis 5 mg
  46. Pingback: cialis generic
  47. Pingback: Handlateknik
  48. Pingback: cialis buy
  49. Pingback: كبرياء
  50. Pingback: الخيانة
  51. Pingback: حزن
  52. Pingback: 5euros
  53. Pingback: viagra coupon
  54. Pingback: Royal CBD
  55. Pingback: Royal CBD
  56. Pingback: Royal CBD
  57. Pingback: RoyalCBD
  58. Pingback: Royal CBD
  59. Pingback: Royal CBD
  60. Pingback: RoyalCBD
  61. Pingback: Royal CBD
  62. Pingback: Royal CBD
  63. Pingback: Royal CBD
  64. Pingback:
  65. Pingback: RoyalCBD
  66. Pingback: RoyalCBD
  67. Pingback: Royal CBD
  68. Pingback: cbd washington dc
  69. Pingback: rivers casino
  70. Pingback: RoyalCBD
  71. Pingback: Royal CBD
  72. Pingback: RoyalCBD
  73. Pingback:
  74. Pingback: tennessee
  75. Pingback: RoyalCBD
  76. Pingback: cbd pennsylvania
  77. Pingback: new mexico
  78. Pingback: cbd new york
  79. Pingback: RoyalCBD
  80. Pingback: new hampshire
  81. Pingback: nevada
  82. Pingback: cbd oil montana
  83. Pingback: RoyalCBD
  84. Pingback:
  85. Pingback: maryland cbd
  86. Pingback: massachusetts
  87. Pingback:
  88. Pingback:
  89. Pingback:
  90. Pingback:
  91. Pingback: RoyalCBD
  92. Pingback: colorado
  93. Pingback:
  94. Pingback: cbd oil california
  95. Pingback: RoyalCBD
  96. Pingback: cbd alaska
  97. Pingback: Royal CBD
  98. Pingback: Royal CBD
  99. Pingback: Royal CBD
  100. Pingback: RoyalCBD
  101. Pingback: Royal CBD
  102. Pingback:
  103. Pingback: Royal CBD
  104. Pingback: Royal CBD
  105. Pingback: RoyalCBD
  106. Pingback: اغاني
  107. Pingback: MILF
  108. Pingback: lesbian porn world
  109. Pingback: sie sucht ih
  110. Pingback:
  111. Pingback: Skyline Properties
  112. Pingback: laptop app
  113. Pingback: viagra generic
  114. Pingback: Escort amsterdam
  115. Pingback: viagra
  116. Pingback: Life Coach
  117. Pingback: anvelope chisinau
  118. Pingback: viagra pills
  119. Pingback: generic sildenafil
  120. Pingback: options trading
  121. Pingback: Online Impacts
  122. Pingback: Laptop support
  123. Pingback: sildenafil
  124. Pingback: online ed pills
  125. Pingback: embedded system
  126. Pingback: THC VAPE JUICE
  127. Pingback: Mac hilfe
  128. Pingback: Escort amsterdam
  129. Pingback: viagra online
  130. Pingback: tadalafil liquid
  131. Pingback: gamer
  132. Pingback: Venice photography
  133. Pingback: Employee benefits
  134. Pingback: Thailand Grown
  135. Pingback:
  136. Pingback: suction cup dong
  137. Pingback: internet radio
  138. Pingback: nail lamp
  139. Pingback: bitsler
  140. Pingback: stake bitcoins
  141. Pingback: Research
  142. Pingback: job
  143. Pingback: Working Capital
  144. Pingback: Denver SEO
  145. Pingback: boulder seo
  146. Pingback: mobile bartending
  147. Pingback: exchangecrypto
  148. Pingback: viagra 100mg
  149. Pingback: VAPE PEN
  150. Pingback: classic vibrator
  151. Pingback: dinh cu canada
  152. Pingback: ucuz uçak bileti
  153. Pingback: redclovefoods
  154. Pingback: giayu2
  155. Pingback: witgoed reparatie
  156. Pingback: tabaksvervanger
  157. Pingback: buy weed online
  158. Pingback: Tierfutter
  159. Pingback: havuz market
  160. Pingback: tablet klor
  161. Pingback:
  162. Pingback:
  163. Pingback: kamado grill 2020
  164. Pingback: Buy Gun Online
  165. Pingback: fluorococaine
  166. Pingback: Magic Mush Rooms
  167. Pingback: hard sex video
  168. Pingback: sweat
  169. Pingback: best penis ring
  170. Pingback: learn more
  171. Pingback: Tenuate retard
  172. Pingback: o-dsmt
  173. Pingback: Maltipoo puppies
  174. Pingback: Herbal Incense
  175. Pingback: generic cialis
  176. Pingback: cialis online
  177. Pingback: film
  178. Pingback: Custom Cotton bags
  179. Pingback: Three gold jewelry
  180. Pingback: pc apps download
  181. Pingback: pubg mobile hile
  182. Pingback: bengal kitten
  183. Pingback: MIAMI
  184. Pingback: generic cialis
  185. Pingback: learn about canada
  186. Pingback: Testing 58
  187. Pingback: vac u lock dildo
  188. Pingback: 우리카지노
  189. Pingback: 샌즈카지노
  190. Pingback: micro switches
  191. Pingback: essay paper help
  192. Pingback: 코인카지노
  193. Pingback: 메리트카지노
  194. Pingback: cialis online
  195. Pingback: daily cialis
  196. Pingback: free viagra
  197. Pingback: 퍼스트카지노
  198. Pingback: detectives spain
  199. Pingback: peoples pharmacy
  200. Pingback: Angela White Porn
  201. Pingback: Anestol Pomad Krem
  202. Pingback: printing of gifts
  203. Pingback: agen slot online
  204. Pingback: depoxito slot
  205. Pingback: dunia21 terbaru
  206. Pingback: Waterproof Eyebrow
  207. Pingback: Makeup Brushes Set
  208. Pingback: nytimes
  209. Pingback: dutchnews
  210. Pingback: cphpost

Leave a Reply