Economics of a contagion: Opportunities for India amidst impact of COVID-19

Abstract

At present, we are living in unprecedented times and definitely as a global health challenge, corona virus is strengthening its grip. It has serious impact on various dimensions such as health, social, economic and of curse political.  The present paper concentrates on the impact of corona virus pandemic on the various economic variables and tries to estimate the behavior of economic variables during and post pandemic period. To analyze the facts, data has been collected from various reliable secondary sources. The study explains that estimated movement of economic variables would be helpful in finding out the economic loss due to corona virus. Later in the paper, the way forward for the Indian economy has been discussed. The study concludes that there may be some opportunities for the Indian economy in the corona virus period and in the post corona virus period where Indian economy may get a strong boost in the near future. Keywords: Covid-19, Economic impact, Recession, Pandemic, Growth, Income.