Open AccessCorona Virus and India: Economic and Sectorial Implications
Author(s) -
Neha Asudani,
Juhi Dudhani,
Hitendra Lachhwani
Publication year - 2020
Publication title -
international journal for research in engineering application and management
Language(s) - English
Resource type - Journals
ISSN - 2454-9150
DOI - 10.35291/2454-9150.2020.0274
Subject(s) - tourism , business , pandemic , china , outbreak , economic growth , disease , infectious disease (medical specialty) , covid-19 , virology , geography , medicine , economics , archaeology , pathology
The corona virus outbreak labeled as Pandemic by the World Health Organization (WHO) on 11 March 2020, is a new public health crises threatening the world with the emergence. It is caused by Severe Acute Respiratory Syndrome Corona virus 2 (SARS-CoV-2). It is believed that the virus originated in bats and was transmitted to humansin Wuhan, Hubei province, China in December 2019. There have been around 15, 33,541 reported cases of corona virus disease 2019 (COVID-2019) and around 90,000 reported deaths as on 09/04/2020. The only methods to prevent the disease are quarantining and social distancing. While the disease may be prevented by quarantining and social distancing but it will result in the stoppage of various activities and thereby impacting the economy as whole. The study covers the impact of Corona Virus on Health care Sector, Pharmaceutical sector, Aviation sector, Railways, Ecommerce sector, Poultry sector, Automobile sector, Tourism sector, Hospitality, Real Estate, Sports ActivitiesConsumer electronics, FMCG sector, Shipping industry, TV and Film Industry, Education sector, Stock Market and Banking Sector. Having considered the implications of the pandemic, the study also recommends the socio-economic and political measures to combat the situation that would help us revive in the post Covid-19 World.