Impact of COVID-19 on Sectors of Indian Economy and Business Survival Strategies

5 Pages Posted: 8 Jun 2020

See all articles by Debdas Rakshit

Debdas Rakshit

The University of Burdwan

Ananya Paul

The University of Burdwan

Date Written: June 6, 2020

Abstract

The entire world is in the clutch of Coronavirus. The dissemination of the virus is so colossal that it compelled the World Health Organisation (WHO) to declare it as pandemic. The outbreak of the virus has unprecedented implications on the global economy. Severe economic burden and grave consequences have to be borne by the Indian industries in this backdrop of declining economic situation due to coronavirus. Thus, this article is intended to study the repercussions of coronavirus on different sectors of Indian economy and to highlight the reasons for which India can be benefitted in the post pandemic period and mainly to specify the business survival strategies which is the key to overcome this tough situation.

Keywords: Coronavirus, Economy, India, Pandemic, Sectors, Strategy

Suggested Citation

Rakshit, Debdas and Paul, Ananya, Impact of COVID-19 on Sectors of Indian Economy and Business Survival Strategies (June 6, 2020). Available at SSRN: https://ssrn.com/abstract=3620727 or http://dx.doi.org/10.2139/ssrn.3620727

Debdas Rakshit

The University of Burdwan ( email )

West Bengal-713104
India

Ananya Paul (Contact Author)

The University of Burdwan ( email )

West Bengal-713104
India

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