Besides being a concern of global health, COVID-19 has put significant impact on health of the economy at a global level. Since the whole world has become a global village, no part of the world remains untouched with any major happening in any part of it. COVID-19 virus has put an unprecedented burden on the world economy. As the whole world is besieged with this pandemic, global economy is witnessing its amassing impact. Pandemic has already ruined the means of support and has impaired the opportunities of future growth for many.
At the national level, governments have been trying to beat the impact of the pandemic by introducing variety of economic measures with a view of preventing pervasive bankruptcies and unemployment to some extent. Data suggests that many economies have started to recover at a faster pace than anticipated after reopening from the Great Lockdown (World Economic Outlook, 2020 International Monetary Fund, April, 2020).
Pre-COVID, India had witnessed a positive growth story and the economy was moving at a steady pace of growth. To achieve accelerated growth. Indian economy was preparing itself to shift to the next level. International Monetary Fund (IMF) had also praised India for implementing important reforms to accelerate growth rate.
The outbreak of COVID-19 has impacted nations in an enormous way. This pandemic has led to a huge economic setbacks for many nations and India is no exception. From supply chain disruptions to reduced consumer activity, from the fall in trade to the near collapse of certain industries, the world has been going through one of the most difficult times. International Monetary Fund's (IMF) chief considered this situation as the worst economic fallout since the Great Depression. COVID-19 pandemic has faded the Indian economy, it has affected every section of society whether rich or poor and every sector whether manufacturing or service sector, but the Indian government left no stone unturned to convert this adversity into opportunity through the declaration of schemes related to Atmanirbhar Bharat and Vocal for Local.
This book is an attempt to put some light on the issues related to challenges and opportunities for the Indian economy during and post COVID-19 and would highlight the impact of the measures taken by the Indian government to combat this distress to escape the Indian economy from death knell and move it towards the high growth trajectory.
The contents of this book consist of both theoretical analysis and empirical investigations conducted by the authors. Throughout the book, the authors endeavor to analyze and deliberate upon the effects of COVID-19 across various economic sectors. We firmly believe that this book will serve as a valuable resource for researchers delving into issues and challenges posed by the pandemic. The insights and recommendations derived from these studies are poised to stimulate critical thinking and offer valuable prospects for the book's readers.
1. Economic Priority in COVID-19 Era: Agriculture Farm Bills vis-à-vis Health Standards – Bimal Deep Singh
2. Role of Accommodation and Hospitality Sector to Combat from COVID-19 – Mohit Dahiya, Raj Kumar & Harpreet Singh
3. Factors that Influence Users' Adoption of "Aarogya Setu" App Developed by the Indian Government for COVID-19: An Application of Technology Acceptance Model – Dr. Harsandaldeep Kaur & Manjot Kaur
4. Impact of COVID-19 on Digital Transactions of Banks: A Study of NEFT and RTGS – Sherry & Rekha Handa
5. COVID-19: Gauging the Impact on Indian Handicrafts Industry and Economic Position – Damanpreet Kaur
6. Bibliometric Mapping of COVID-19 across Economics Research Landscape – Dr. Anita Chhatwal, Dr. Tejinder Singh Brar & Dr. Kishor Chandra Satpathy
7. A Review on Impact of COVID-19 on Indian and World Sports – Dr. Anju Lata
8. Impact of COVID-19 on Female Healthcare Workers – Dr. Bindu Dogra & Manveet Kaur
9. Mapping the Scholarly Literature on COVID-19 and E-Commerce – Dr. Bikramjit Singh & Deepinder Kaur
10. COVID-19 Pandemic: A Bibliometric Analysis of Research Papers in Social Sciences in 2020 – Dr. Manoj Kumar
11. A Review of Health Insurance Sector in India during COVID-19 – Dr. Gagandeep Kaur & Karishma Singla
12. Perception of Students towards Online Learning during COVID-19 Pandemic – Rashmi Bindra
13. Gold Market and COVID-19: An Indian Scenario – Dr. Arwinder Singh & Navjot Kaur
14. COVID-19: Gender Roles and Advertising Agencies – Dr. Ritu Dhawan
15. Performance Analysis of MSMEs in India: A Pre- and Post-pandemic Study – Shamanveer Kaur
16. COVID-19 and its Impact on Online Business: A Co-citation Analysis – Sharandeep Kaur
17. Impact of COVID-19 and Social Intelligence on the Hospitality Sector: A Study of Select Hotels of North India – Dr. Sumedha Vikram Khanna
18. Impact of COVID-19 on Indian Economy: A Sector-wise Analysis – Dr. Nidhi Bhagat
19. Initial IPO Performance amidst COVID-19 Pandemic: A Study of Indian Stocks – Rekha Handa & Gurpreet Kaur
20. Impact of COVID-19 on Different Sports Events – Dr. Aman Thour & Dr. Mandeep Thour
21. Mental Health and COVID-19: An Alarming Issue – Dr. Harjeet Kaur Virk
22. COVID-19 and Challenges: Reshaping the Transport Sector to Elevate Indian Economy – Damanpreet Kaur
23. Empirical Study on Effectiveness of Financial Literacy Programmes and Financial Intervention Workshops on Individual Financial Awareness and Financial Behaviour — A Study of Rural People – Dr. Pooja Bhagwan
24. Impact of COVID-19 on Education: Some Observations 188 – 191 – Dr. Parminder Walia
25. Influence of HR Practices on Employee's Performance during COVID Times – A Meta-analysis – Joshna Sanolia
26. Effects of COVID-19 on Cricket Players – Dr. Bhupender Kumar & Dr. Mandeep Thour