Impact of COVID-19 on The Indian Economy #infographic

Impact of COVID-19 on The Indian Economy #infographic

The COVID-19 outbreak is an unprecedented shock to the global economy, affecting more than 200 countries and territories. The Indian economy, (a developing economy), was already in a state of parlous before the pandemic hit. The economy is likely to accelerate further slowdown with the extended nationwide lockdown, global economic downturn and associated disruption of demand and supply chains. The magnitude of the economic impact will depend on the length and severity of the health crisis, the length of the lockdown and how it unfolds once the lockdown is over. The following infographic explains the state of the Indian economy during the crisis.

Impact of COVID-19 on The Indian Economy #infographic

infographic by: www.iimu.ac.in

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