Economic Effect of COVID-19 Pandemic: A Special Reference of Indian Economy

Abstract

COVID-19 pandemic effect on countries in two way: health of Indian population and economy of India. The short run economic condition can also have very long-lasting impacts. Due to COVID-19 outbreak, a huge impact seen over Indian population. All the economic sectors and functions of human being are disturbed. COVID-19 effect on health and wealth both. Many people loss his life and its effect on individual families which leads to economic stress. India provides strong policy response at the macro level to control damage. Government take steps to decrease the effect of COVID-19 pandemic by fiscal and monetary policy.