Coronavirus impact on Indian Economy.


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Uploaded on Mar 26, 2020

PPT on Coronavirus impact on Indian Economy.

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Coronavirus impact on Indian Economy.

Coronavirus Impact on Indian Economy CORONAVIRUS COVID-19 SYMPTONS WHAT IT IS? Cough & Headache Coronavirus malady (COVID-19) is an irresistible Shortness of Breath sickness brought about by another infection. Sore throat The ailment causes respiratory ailment (like Fever seasonal influenza) with indications, for example, a hack, fever, and in increasingly serious cases, trouble relaxing. PREVENTIO NS Wear Mask Wash Cook Well Avoid Hands Gathering Fact - 1 • China, the focal point of the infection is additionally a significant provider of crude materials and parts. • The closing of industrial facilities and creation in China has unleashed devastation in the inventory network, prompting a sharp increment in the costs of specific things, for example, cell phones and machines. Fact - 2 • Experts see some effect on the January-March 2020 quarter GDP. • Be that as it may, the extremely profound cut will be found in the April-June quarter (the main quarter of 2020-21), further intensifying the log jam in utilization and movement being seen in the Indian Economy. Fact - 3 • The nation is as of now encountering a lull in development. • In the second from last quarter of the current financial, the economy developed at 4.7 percent, slowest in multi year. Source: Google Images Fact - 4 A noteworthy 53 percent of Indian organizations demonstrate the checked effect of the coronavirus pandemic on business activities even at beginning periods, Federation of Indian Chambers of Commerce and Industry (Ficci) said. Source: Google Images Fact - 5 • In a note on Monday, Care Ratings Chief Economist Madan Sabnavis said that India's 2020-21 GDP could be affected by 0.5 percent. • This appraisal depended on an overview of specialists in different fields CEOs, CFOs, financial specialists, experts, market analysts and different partners, led via Care Ratings. Source: Google Images Fact - 6 • For 2020-21, Chief Economic Advisor Krishnamurthy Subramanian had figure a GDP development of 6-6.5 percent. • Indeed, even in late analysis on the effect of Covid-19 on India, he has not changed those gauges. Source: Google Images Fact - 7 • Fares kicked the half year declining binge by enlisting humble 2.91 percent development in February 2020 at $27.65 billion, even as there were fears of the coronavirus impact on outbound shipments. • All the major outside trade workers, for example, oil based commodities, building products, and electronic things enlisted extension in the month year-on-year. Fact - 8 • Subsequently, exchange shortage tumbled to the most reduced degree of $9.85 billion in the month. • This would betoken well for the present record shortfall, which previously tumbled to simply 0.2 percent of GDP in the second from last quarter of the current monetary year from 0.9 percent in the subsequent quarter. Fact - 9 • Analysts state that most definitely, if the petroleum and diesel costs don't descend on account of higher extract obligations, at that point there is no motivation to anticipate any significant change in inflation outlook.