Impact of Covid19 induced economic restrictions on some selected sectors of the Indian Economy
Abstract
The deserted roads, empty public places and locked factories in all the major cities of the world depicts a hard to believe spectre that would have been unimaginable a few months ago. As mankind contemplates about the future within the confines of home, there seems to be a trade-off between saving lives and continuing with life.
The spark of COVID 19 in the most populous country on the face of earth and its subsequent conflagration throughout the continents has only a few precedents in terms of scale and severity. Almost all the major and minor economies are engulfed by its impact. In a scenario where everyone depends upon everyone else, India, just like any other country, is also staring at an uncertain future. To gauge the full impact of Covid19 on the economy, it is better to analyse one sector at a time.
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