International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

Impact Factor* - 6.2311


**Need Help in Content editing, Data Analysis.

Research Gateway

Adv For Editing Content

   No of Download : 12    Submit Your Rating     Cite This   Download        Certificate

IMPACT OF COVID-19 ON NORTH-INDIAN MANUFACTURING FIRMS

    1 Author(s):  SHIVOM SOOD

Vol -  13, Issue- 4 ,         Page(s) : 166 - 178  (2022 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

The economic crisis that began in March 2020 impacted all areas of the Indian economy. Farmers in agriculture were confronted with disrupted supply chains, a shortage of market outlets, low demand, and dropping output prices. Micro and small businesses were the hardest hit in the industry. At least 15 million jobs were lost as a result of the crisis. We generate four scenarios of losses to the Indian economy using an Input-Output (I-O) paradigm. We forecast that India's GDP growth rate in 2020–2021 will range between 4.3 and 15%.

“10 Million Lost Jobs in Covid 2nd Wave, 97% Households' Income Declined: Camie.” Business Today, https://www.businesstoday.in/latest/economy-politics/story/income-of-97-households-declined-since-covid-19-pandemic-began-cmie-298381-2021-06-01. 
Bloomberg, Jaiveer Shekhawat |. “Covid-19 Pandemic Has India Scrambling to Boost Its Manufacturing Sector.” Business Standard, Business-Standard, 27 Aug. 2021, https://www.business-standard.com/article/economy-policy/covid-19-pandemic-has-india-scrambling-to-boost-its-manufacturing-sector-121082700173_1.html. 

*Contents are provided by Authors of articles. Please contact us if you having any query.






Bank Details