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IMPACT OF COVID-19 ON INDIAN ECONOMY DURING 2020-2021 & ITS RECOVERY.
- Source :
- Hyperion International Journal of Econophysics & New Economy; 2021, Vol. 14 Issue 1, p117-135, 19p
- Publication Year :
- 2021
-
Abstract
- During the COVID 19 Pandemic in the world, the economy was in a great depression. Still, most of the country is struggling to come out of the COVID 19 impact on their economy. The research paper is focused on the impact of the pandemic on the Indian economy by considering various parameters which define the economic condition of any country. The study considered the long-term and short-term impact on the Indian Economy. Overall the world GDP is showing negative growth during the last year and India is the one who impacted most. To analyze the data comparative analysis was used. the forecasting for the future impact of COVID 19 on the Indian economy various forecasting techniques was used such as straight line, moving average, simple linear regression, etc. Various sectors of the economy were considered to show the impact and also studied the economic reforms policy framework of government in this regard. The statistical data from the esteemed and trustworthy information sources were gathered to find out the impact of COVID 19. The data regression model was also used to analyze the collected data. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 20693508
- Volume :
- 14
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Hyperion International Journal of Econophysics & New Economy
- Publication Type :
- Academic Journal
- Accession number :
- 154473005