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Author Topic: COVID-19 Impact on the Indian Economy  (Read 1150 times)
Yatsan
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September 05, 2020, 08:53:48 PM
 #81

Well, we can do really expect the great impact on the economic state of India at this time of pandemic that have been also facing struggle on putting up their economic status into stabilization just to save up not to be drowned by the negative effect of covid-19 pandemic which have been also the same scenario on the other neighboring countries which are also affected by the pandemic. Actually all countries are affected no matter how big or small the country is, and no matter how rich or poor the economy is. It would now be a matter of certain adjustments for India to survive this pandemic just like what the other small and poor countries have been doing which I am talking about the third world countries. It would be difficult of course to adjust with the new normal setup but if they will deeply be persistent on implementing certain health protocols under the new normal, they could adjust and let their economy functioning for the better good until this pandemic is over.





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September 07, 2020, 06:36:21 AM
 #82

Yes, I agree with this. Most of the country that faces huge problem when it comes to economy are those third world countries. They become poorer because of the pandemic.
It should be true but in Africans showed different response to this disease, though we may not trust the data from there but the health facilities has not shown such pressure even the little facilities at their disposal. Activities has resumed in almost every part of the sector of the African continent with lower response to all health precaution laid down to contain the disease. If compared with Ebola casualties we can consider this to lesser. The economy there isnt that good and the pandemic wont be blamed there

The mortality rate was very low in most of the African nations. The same can't be said about the European and American countries. I am not sure about the exact reason, but I guess having a younger population and previous exposure to various flu pandemics helped to reduce the mortality in Africa. The same can be said about Pakistan, where the infection rates have fallen by almost 90%.



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September 07, 2020, 12:18:33 PM
 #83

COVID-19 The main reason for the impact on the Indian economy is the overpopulation the impact of the virus is being felt due to the increase in population and inflation is bringing down the country's economy. The rate of economic growth can be reduced to one percent due to inflation. Tax collection will be reduced a lot. Don't hurt people's jobs the market will be hit because there is no buyer India's economy is shrinking as the tourism industry, aviation, and railways suffer.
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September 07, 2020, 02:58:08 PM
 #84

Covid- 19 pandemic not only impact on the Indian Economy but also every country where Covid-19 case detected. In my country economy also get down for Civid-19. So many people lost their job. Poor people don't get food daily. This is so much pathetic.

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September 07, 2020, 05:04:39 PM
 #85

Not just India, economical regression is visible on many countries. I choose not to think of the road to recovery for countries because at it is, it looks gloomy, let no be carried away with some invests -peaceful protests, return of some spots behind closed doors- the pandemic has not all of a sudden vanished, building back the economy of countries putting in consideration how to go about even with the virus, is now time to structure economical plans that acknowledges the presence of the pandemic, we can't just keep Waiting endlessly for the virus to pass away, jobs are being lost not only in your country India but everywhere else.
yes you are right, the pandemic will not vanish suddenly, maybe it will take a long time, and there is a lot of chance to stay with us to us all time like influenza, yes there is possibility of make vaccine  for our  immunity boost up, the main thing is we should to do something, do stop at any place
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September 07, 2020, 05:11:47 PM
 #86

Covid- 19 pandemic not only impact on the Indian Economy but also every country where Covid-19 case detected. In my country economy also get down for Civid-19. So many people lost their job. Poor people don't get food daily. This is so much pathetic.
it's a truth that pandemic effect all over the world, not just in India, mainly its effect in south Asian countries, so they are suffering most as compare to other countries of the world, because of less economy
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September 08, 2020, 02:49:45 AM
 #87

All countries have been severely affected by the Covid-19 pandemic, the reduction of workforce is due to several reasons and related to regulations and government circulars that limit and reduce crowds. In particular developing countries will definitely have a bigger impact on their economies during the pandemic, and there are also many sectors that are affected. Hopefully this virus will end quickly and all will be better for the next few months and years.


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September 08, 2020, 03:34:13 AM
 #88

COVID-19 The main reason for the impact on the Indian economy is the overpopulation the impact of the virus is being felt due to the increase in population and inflation is bringing down the country's economy. The rate of economic growth can be reduced to one percent due to inflation. Tax collection will be reduced a lot. Don't hurt people's jobs the market will be hit because there is no buyer India's economy is shrinking as the tourism industry, aviation, and railways suffer.

Overpopulation is definitely the reason behind most of the problems faced by India. The current population stands at 1.4 billion and they are on course to overtake China as the most populous country in the world (and let's not forget the fact that the surface area of India is just around one-third of that of China). A few decades back, Sanjay Gandhi attempted to enforce family planning measures, but these were revoked as a result of public outcry.



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September 08, 2020, 05:01:51 AM
 #89


quite concerned about the covid-19 pandemic that occurred in India, this morning I read in a famous newspaper in my country about it. that India's transmission rate has increased and has become the second largest in the world replacing Brazil. In fact, the most recent cases were 90,802 infected within 24 hours.

There are complaints from some doctors who are getting tired because they are on guard for 6 months but there is no level of decline, even many medical personnel are victims. If you have touched the infection to the forefront which is precisely what is needed to maintain health, of course you are very concerned and can be terrible.

It is clear that with the current situation, the Indian economy will certainly be disrupted because the government must prepare funds for countermeasures which are not small yet have to help people experiencing economic difficulties, of course.

As long as there are no drugs and vaccines, health protocols should be promoted.
- Must wear a mask
- Wash hands when finished touching any object outside the house.
- Avoiding community gatherings for a long time
- Always keep physical distance between people within safe limits
This must be done and there is no other alternative, if you want to reduce the continuous transmission.

I hope India can solve this well soon and can recover as before.

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September 08, 2020, 05:11:51 AM
 #90


quite concerned about the covid-19 pandemic that occurred in India, this morning I read in a famous newspaper in my country about it. that India's transmission rate has increased and has become the second largest in the world replacing Brazil. In fact, the most recent cases were 90,802 infected within 24 hours.
it incomparable mate because India is much Big in population compared to brazil,India has more than 1 billion population while brazil only has nearly 300 million.

so the chance of them becoming one of the highest infected is always there.
There are complaints from some doctors who are getting tired because they are on guard for 6 months but there is no level of decline, even many medical personnel are victims. If you have touched the infection to the forefront which is precisely what is needed to maintain health, of course you are very concerned and can be terrible.
If the People will not go and follow the government this will happen and much even worst soon.
they may take the position from USA for the most infected country in the world.

I hope India can solve this well soon and can recover as before.

Wea re all hopinh not only for India but for the whole world mate.

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September 08, 2020, 06:36:22 AM
 #91

India has the deepest decline in the major economies. The disease is on the rise in India due to its large population (about 1.3 billion people) and low health, housing, and living conditions. The disease is easy to develop and spread safely in the slums.
In 2020 the government will spend billions of dollars to bring the epidemic under control.
It seems that their ability to control the disease is still difficult, even though measures are being taken to prevent them.





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September 08, 2020, 07:38:54 AM
 #92

All countries have been severely affected by the Covid-19 pandemic, the reduction of workforce is due to several reasons and related to regulations and government circulars that limit and reduce crowds. In particular developing countries will definitely have a bigger impact on their economies during the pandemic, and there are also many sectors that are affected. Hopefully this virus will end quickly and all will be better for the next few months and years.

What we need here now is the vaccine.

These countries are having a hard time controlling the situation, it may be the country or the citizen themselves but all we know is that the virus can't be stopped right now without the vaccine. India is under fire right now with a lot of cases, as far as I know, they already talked to Russia about the vaccine and what we need now is the time when will it be given.
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September 08, 2020, 09:47:35 AM
 #93

India has the deepest decline in the major economies. The disease is on the rise in India due to its large population (about 1.3 billion people) and low health, housing, and living conditions. The disease is easy to develop and spread safely in the slums.
In 2020 the government will spend billions of dollars to bring the epidemic under control.
It seems that their ability to control the disease is still difficult, even though measures are being taken to prevent them.
Not only in India who currently suffers from the pandemic of the COVID-19 and the recession because every countries are currently spending billions of dollars, so they could just take the pandemic under control. But the situation is different in India because they have a huge population in their country causing a massive numbers of virus cases. 

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September 08, 2020, 03:58:59 PM
 #94

COVID-19 effects India too much as compare to other countries behind the reason is that much populations and not well economic level. through this pandemic lot of people became a jobless. it will take 5,6 years to recover again.

It will not take 5 years. India will be on at least end of 2019 levels by end of 2022, but probably much faster. They started taking covid-19 seriously and are testing a lot. After initial shock they will be fine.


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September 09, 2020, 05:25:22 AM
 #95

COVID-19 effects India too much as compare to other countries behind the reason is that much populations and not well economic level. through this pandemic lot of people became a jobless. it will take 5,6 years to recover again.

It will not take 5 years. India will be on at least end of 2019 levels by end of 2022, but probably much faster. They started taking covid-19 seriously and are testing a lot. After initial shock they will be fine.

I guess they will be fine in 6 months time, or at the most within a year. A recent study concluded that Indian cities such as Mumbai and Delhi may achieve herd immunity by December end or by January next year. If that happens, then COVID 19 would cease to be a major concern. But that doesn't mean that the economy may rebound immediately after January. It may take a few more months.



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September 09, 2020, 07:36:06 AM
 #96

India has the deepest decline in the major economies. The disease is on the rise in India due to its large population (about 1.3 billion people) and low health, housing, and living conditions. The disease is easy to develop and spread safely in the slums.
In 2020 the government will spend billions of dollars to bring the epidemic under control.
It seems that their ability to control the disease is still difficult, even though measures are being taken to prevent them.
Not only in India who currently suffers from the pandemic of the COVID-19 and the recession because every countries are currently spending billions of dollars, so they could just take the pandemic under control. But the situation is different in India because they have a huge population in their country causing a massive numbers of virus cases. 
The large population is not a problem because China has been successfully controlled. Housing and health care are inadequate in India, and the slums increase the likelihood of viral infections. Now that the virus is spreading to rural areas, I'm not sure they have the medical staff and measures to prevent the disease from getting worse.





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September 09, 2020, 08:05:23 AM
 #97

India is facing a major downturn nowdays.The major reason is the colossal population growth of India.During this pandemic thousands of Indians went on the wallaby.Air of melancholy surrounded many indians and indirectly it is having a major impact on the economy of India.

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September 09, 2020, 08:18:47 AM
 #98

India has the deepest decline in the major economies. The disease is on the rise in India due to its large population (about 1.3 billion people) and low health, housing, and living conditions. The disease is easy to develop and spread safely in the slums.
In 2020 the government will spend billions of dollars to bring the epidemic under control.
It seems that their ability to control the disease is still difficult, even though measures are being taken to prevent them.
Not only in India who currently suffers from the pandemic of the COVID-19 and the recession because every countries are currently spending billions of dollars, so they could just take the pandemic under control. But the situation is different in India because they have a huge population in their country causing a massive numbers of virus cases. 
The large population is not a problem because China has been successfully controlled. Housing and health care are inadequate in India, and the slums increase the likelihood of viral infections. Now that the virus is spreading to rural areas, I'm not sure they have the medical staff and measures to prevent the disease from getting worse.

It all falls on how prepard is the health care sector to attend and prevent the spread of the virus. Not to mention the population, India same as Philippines has limited facitility to hold PUIs and those whobare infected. It all depends on how the government will impliment social distancing to avoid the spread and also to contain the virus. Let's all hope the situation will not get worse as time goes by.


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tyz
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September 09, 2020, 10:13:09 AM
 #99

Under Covid-19 impact India businesses and economies function.The next 12 months will be difficult.Many businesses will struggle some may even die.

India really has a problem. The risks I see here for democracy and peace are the following: India has to face the comparison with China. At least officially China has the pandemic under control, which is also shown by the economic figures (I don't mean the official growth figures, which are faked anyway, but e.g. the demand for goods, which is also confirmed by international corporations). In comparison, India gives a miserable picture. This could lead to people saying that democracies - and India is after all the largest democracy in the world - can handle such events worse than authoritarian states. This could be a vivid argument for all despots and terrible regimes in the world. Moreover, India and China have been in a dangerous situation for a long time where war could break out over the Himalayas at any time. The pandemic could strengthen nationalism on both sides.

wiss19
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September 09, 2020, 02:40:16 PM
 #100

It’s just been that way, everyone is complaining that the economy is bad and their saying there is no money, it hasn’t been easy since this pandemic started, but I believe that things are getting back to being good. Things got really tight when there was a lockdown, and I am self employed and need to go out to work everyday and put food on my table, but when the lockdown was declared things got difficult.

I was able to get through the lockdown with the money I have been able to make through online (importance of having a very different side job). Most people here say that they no longer want another lockdown, they prefer to keep working despite the situation.


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