Impact of COVID-19 on India's Economic System

Corona badly affected the Indian economy system. The Indian economy, which was shaken by the first wave of epidemic, was not even back on track that the second wave of Corona affected it badly. Due to which the hopes of India's economic development have started to be dashed as due to the increase in the number of defaulters in jobs and bank loans during the COVID-19 era, more obstacles are coming in to recover from the trade shock of the epidemic. The impact of COVID-19 worldwide has been profound to say the least. The impact of the corona virus pandemic on India has been largely disruptive in terms of economic activity as well as a loss of human lives. COVID-19 on Indian economy by analysing its impact on growth, manufacturing, trade and micro, detail understand the impact of COVID-19 on Indian economy- Disruption in supply chains, Fall in household income and marketing expense, Loss in hospitality and travel industry, Worst losses in stock market, A few gains through PPE kit and ventilator exports, The outbreak of COVID-19 has hit economies hard the world across. For India too, it’s a challenging situatio