DOES COVID HAVE HORIZONTAL UPSET ON INDIAN ECONOMY NOW? – AN EMPIRICAL ANALYSIS

Abstract

With COVID-19, the Indian economy is experiencing a significant declination, which was clear over the ongoing quarters even before the emergency struck. In the second from last quarter of the current financial year, the economy developed at a six-year low pace of 4.7%. With every one of these issues hitting the universe of work from multiple directions, organizations are thinking that it’s hard to continue in this condition. They are compelled to take intense choices, for example, chopping down the compensations, giving formal notices to employees and settling on other cost-cutting measures. The flare-up has introduced new barricades for the Indian workforce and particularly for the day by day wage and legally binding laborers. Sensex also crashed in the year 2022 due to the impact of covid and war. This paper provides the detailed reviews about the impact of the covid-19 on Indian Economy.