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VOL. 12, ISSUE 3 (2025)
The Indian sectoral economy in the face of the Covid pandemic- A macro-level analysis
Authors
B Suresh Lal, Deepika Joshi, Rudra Akshay Kumar
Abstract
A once-in-a-century crisis like COVID-19 will
have enormous ramifications for the economy. With India employing around 90 per
cent of its workforce under the informal category, the impact goes beyond the
economy to social issues like rising unemployment and poverty (MoL&E). The
formal and organised sectors like hospitality, civil aviation, and automobiles
also have no shield and no response to the pandemic. To the serendipity,
agriculture rescued the Indian economy, providing employment and enough thrust
to rural households to sustain them at a bare minimum. Though agriculture and
IT came to the rescue, the impact of COVID-19 on the economy is unambiguous –
the worst. This blue moon incident demands appropriate Government intervention
to heal the wounds it created.
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Pages:100-108
How to cite this article:
B Suresh Lal, Deepika Joshi, Rudra Akshay Kumar "The Indian sectoral economy in the face of the Covid pandemic- A macro-level analysis". International Journal of Multidisciplinary Research and Development, Vol 12, Issue 3, 2025, Pages 100-108
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