ISSN 2394-5125
 

Research Article 


COVID-19: AN UNFORSEEN CHALLENGE TO EMERGING INDIAN ECONOMY

Shipra Agarwal, Romil Negi, Abhilasha Mishra,Dr. Shipra Gupta.

Abstract
The Novel Coronavirus or Corona Virus Disease 2019 (COVID-19) pandemic poses
unprecedented threats to health, human lives and economies. Undoubtedly saving lives is the first priority but
the cost paid is huge. Massive shutdowns for weeks in various parts of the world had ceased economic activities
and presents economic challenges unlike any other. The world will see its deepest recession since the Great
Depression. In India extended lockdown for over eight weeks brought the economy to a halt. Though all
countries will face multiple social and economic challenges because of the pandemic, this paper specifically
focuses on its impact on the Indian economy and how can India minimize its effect. The paper encompasses all
major aspects of Indian economy like production, consumption, investments, financial stability, fiscal
developments, imports, exports, remittances, etc. Measures undertaken and that could be taken have been
discussed to stabilize the economy post pandemic.

Key words: Production, Investments, Financial Stability, External Sectors, Global Value Chains (GVCs)


 
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How to Cite this Article
Pubmed Style

Shipra Agarwal, Romil Negi, Abhilasha Mishra,Dr. Shipra Gupta. COVID-19: AN UNFORSEEN CHALLENGE TO EMERGING INDIAN ECONOMY. JCR. 2020; 7(19): 6279-6287. doi:10.31838/jcr.07.19.724


Web Style

Shipra Agarwal, Romil Negi, Abhilasha Mishra,Dr. Shipra Gupta. COVID-19: AN UNFORSEEN CHALLENGE TO EMERGING INDIAN ECONOMY. http://www.jcreview.com/?mno=4438 [Access: October 02, 2020]. doi:10.31838/jcr.07.19.724


AMA (American Medical Association) Style

Shipra Agarwal, Romil Negi, Abhilasha Mishra,Dr. Shipra Gupta. COVID-19: AN UNFORSEEN CHALLENGE TO EMERGING INDIAN ECONOMY. JCR. 2020; 7(19): 6279-6287. doi:10.31838/jcr.07.19.724



Vancouver/ICMJE Style

Shipra Agarwal, Romil Negi, Abhilasha Mishra,Dr. Shipra Gupta. COVID-19: AN UNFORSEEN CHALLENGE TO EMERGING INDIAN ECONOMY. JCR. (2020), [cited October 02, 2020]; 7(19): 6279-6287. doi:10.31838/jcr.07.19.724



Harvard Style

Shipra Agarwal, Romil Negi, Abhilasha Mishra,Dr. Shipra Gupta (2020) COVID-19: AN UNFORSEEN CHALLENGE TO EMERGING INDIAN ECONOMY. JCR, 7 (19), 6279-6287. doi:10.31838/jcr.07.19.724



Turabian Style

Shipra Agarwal, Romil Negi, Abhilasha Mishra,Dr. Shipra Gupta. 2020. COVID-19: AN UNFORSEEN CHALLENGE TO EMERGING INDIAN ECONOMY. Journal of Critical Reviews, 7 (19), 6279-6287. doi:10.31838/jcr.07.19.724



Chicago Style

Shipra Agarwal, Romil Negi, Abhilasha Mishra,Dr. Shipra Gupta. "COVID-19: AN UNFORSEEN CHALLENGE TO EMERGING INDIAN ECONOMY." Journal of Critical Reviews 7 (2020), 6279-6287. doi:10.31838/jcr.07.19.724



MLA (The Modern Language Association) Style

Shipra Agarwal, Romil Negi, Abhilasha Mishra,Dr. Shipra Gupta. "COVID-19: AN UNFORSEEN CHALLENGE TO EMERGING INDIAN ECONOMY." Journal of Critical Reviews 7.19 (2020), 6279-6287. Print. doi:10.31838/jcr.07.19.724



APA (American Psychological Association) Style

Shipra Agarwal, Romil Negi, Abhilasha Mishra,Dr. Shipra Gupta (2020) COVID-19: AN UNFORSEEN CHALLENGE TO EMERGING INDIAN ECONOMY. Journal of Critical Reviews, 7 (19), 6279-6287. doi:10.31838/jcr.07.19.724