Financial Impact of Covid-19 on Indian Economy
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Abstract
Nobody in India predicted that India has to go for uncounted lockdown because of a virus. All sectors will shut down, production will stop, supply chain will disrupt, all trains and other means of transportation will stand at same place where they are, resulting in economic crisis just because of novel corona virus. Not only in India but all over the world, all countries have faced long lockdown period. Developed economies like America, Germany, Italy, France, Russia, Canada, China etc. are also victim of this pandemic. No economy left untouched with evil effect of Covid-19. More or less it has affected all economies around the world. Corona virus has impacted Global economy very badly. India is not an exception to it. India is also facing COVID-19 pandemic. Indian economy bounced back after hitting lockdowns of Covid-19 at a highest rate. This paper is an attempt to study financial impact of Covid-19 with reference to Indian Economy.
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References
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