India’s COVID-19 Episode: Resilience, Response, Impact and Lessons
Online at https://mpra.ub.uni-muenchen.de/99691/ MPRA Paper No. 99691, posted 20 Apr 2020 07:19 UTC
14 Pages Posted: 7 Jul 2021
Date Written: April 17, 2020
Despite the commonality of loss of lives, every pandemic has played a role in shaping the socio-economic and public health outcomes depending on the nature and the magnitude of the outbreak. In this study, we have attempted to make a preliminary assessment of COVID-19 impact on India and commented on the country’s resilience, response, impact and draw the lessons for the future. Although lockdown was necessary to stop the transmission, is showing and will show a greater impact on all spheres of human life considering the country’s poor resilient socio-economic institutions. Our concurrent assessment in the middle of the outbreak predicts that the socio-economic, demographic and health costs in India would be much higher than developed countries. Initiation of timely action from the very beginning (when the first case reported in Kerala) could have plummeted the potential transmission in every corner of the country to a large extent and could have avoided socio-economic crises that presently surfaced in the country. The study provides a strong message for initiating sector specific measures alongside relief packages to reduce the damage not only for now but also to build a resilient system for socioeconomically vulnerable groups, health care services, and education infrastructure to face future pandemics. Otherwise, the pandemic like this can cost more.
Keywords: COVID-19, coronavirus, India, resilience, pandemic, COVID-19 assessment
JEL Classification: I10, I14, I18, I28, I31, J60, J83, H12, I24, J81
Suggested Citation: Suggested Citation