Abstract
Globally coronavirus has produce an unstable environment for people. This has spread all over the world and called as a pandemic by World Health organization . The present situation is having a "high to very high" level impact on their business according to almost 72 per cent respondents. Further, 70 per cent of the surveyed firms are expecting a degrowth sales in the fiscal year 2020-21 .Ficci said in a statement, "The survey clearly highlights that unless a substantive economic package is announced by the government immediately, we could see a permanent impairment of a large section of the industry, which may lose the opportunity to come back to life againt . This is stopped many of economic activities due to contagious disease and has no cured till date to fight with corona. It has produced economic impact on globe and India. It may produce recession in many part of the world. It has been seen that some sectors of India have been impacted by the outbreak of coronavirus in China including shipping, pharmaceuticals, automobiles, mobiles, electronics, textiles, etc. Also, a supply chain may affect some disruptions associates with industries and markets. Overall, the impact of coronavirus in the industry is moderate.
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How to cite
Chahal Mrs. Mukesh(2020).Impact of Coronavirus on Indian EconomyIPEM JOURNAL OF INNOVATION IN TEACHER EDUCATION, 5(1), 29–30.