IDEAS home Printed from https://ideas.repec.org/a/acg/managt/v8y2020i2p54-71.html
   My bibliography  Save this article

Covid 19: An Invisible Destroyer of the Economy Paving way to Atmanirbhar Bharat

Author

Listed:
  • Prajakta R Mantri

    (Shri Ramdeobaba College of Engineering and Management)

  • Bhakti Tiwari

    (Shri Ramdeobaba College of Engineering and Management)

  • CA Prashant Chhajer

    (Shri Ramdeobaba College of Engineering and Management)

Abstract

The Covid-19 pandemic, that has hit the entire world hard enough to make it shiver, was reported first in the city of Wuhan, China. From first ever official report in December 2019, the virus has rapidly captured the entire world. The impact of which is far more brutal than initially anticipated by all. When the entire world is still fighting the initial hit of Covid-19, the clouds of the virus hitting with its second wave have started to make rounds. Thus, it is crucial to look into the details about how it has affected us so far and take inputs to prepare for the next wave, if it is inevitable. The article is an insight on the impact of novel coronavirus on Indian Economy. During the course of the article, we have discussed about India’s role in global supply chain, its dependence on China and to certain extent the role of China in global trade while covering the sectors that are severely impacted and others that are striving to create an opportunity from this pandemic. We incorporated the expectations of the major players in the Indian market and opinions from around the globe on this pandemic. The Atmanirbhar Campaign launched by the Indian Government as an initiative to make India self-reliant in the post covid-19 period, is covered towards the end.

Suggested Citation

  • Prajakta R Mantri & Bhakti Tiwari & CA Prashant Chhajer, 2020. "Covid 19: An Invisible Destroyer of the Economy Paving way to Atmanirbhar Bharat," Shanlax International Journal of Management, Shanlax Journals, vol. 8(2), pages 54-71, October.
    • Handle: RePEc:acg:managt:v:8:y:2020:i:2:p:54-71
    DOI: 10.34293/management.v8i2.3310
    as

    Download full text from publisher

    File URL: http://www.shanlaxjournals.in/journals/index.php/management/article/view/3310
    Download Restriction: no
    File URL: http://www.shanlaxjournals.in/journals/index.php/management/article/view/3310/2885
    Download Restriction: no
    File URL: https://libkey.io/10.34293/management.v8i2.3310?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ligang Song & Yixiao Zhou, 2020. "The COVID‐19 Pandemic and Its Impact on the Global Economy: What Does It Take to Turn Crisis into Opportunity?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 28(4), pages 1-25, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. DILI Ramces & BUNCAD Yve Joerella & PEREZ Yveth Jasmin, 2022. "Bpo Industry In Achieving Socio-Economic Development Inclusiveness And Local Governance In The Philippines," Management of Sustainable Development, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 14(2), pages 22-26, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Frederick Nsambu Kijjambu & Benjamin Musiita & Asaph Kaburura Katarangi & Geoffrey Kahangane & Sheilla Akampwera, 2023. "Determinants of Uganda’s Debt Sustainability: The Public Debt Dynamics Model in Perspective," Journal of Economics and Behavioral Studies, AMH International, vol. 15(4), pages 106-124.
    2. Joanna Sadłowska-Wrzesińska & Kamila Piosik & Żaneta Nejman, 2022. "Psychosocial Context of OSH-Remote Work of Academic Teachers in the Perspective of Sustainable Development," IJERPH, MDPI, vol. 19(22), pages 1-16, November.
    3. Benjamin Musiita & Fredrick Nsambu Kijjambu & Asaph Kabuura Katarangi & Geoffrey Kahangane & Sheilla Akampwera, 2023. "Uganda’s Debt Sustainability: Testing The Efficacy of Debt Overhang Theory," Journal of Economics and Behavioral Studies, AMH International, vol. 15(4), pages 37-54.
    4. Yongmin Kim & Youngdeuk Park, 2022. "International Health Cooperation in the Post-Pandemic Era: Possibilities for and Limitations of Middle Powers in International Cooperation," Social Sciences, MDPI, vol. 11(6), pages 1-15, June.
    5. Zesen Qian & Lingran Yuan & Shuo Wang & Qizheng Zhang & Binlei Gong, 2021. "Epidemics, Convergence, and Common Prosperity: Evidence from China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 29(6), pages 117-138, November.
    6. Chen, Ning & Li, Shaofang & Lu, Shuai, 2023. "The extreme risk connectedness of the global financial system: G7 and BRICS evidence," Journal of Multinational Financial Management, Elsevier, vol. 69(C).
    7. Mohamed M. Dhiaf & Khakan Najaf & Hazem Marashdeh & Osama F. Atayah & Guilherme F. Frederico, 2022. "The role of project’s initiatives focused on the reduction of environmental footprints during COVID-19: evidence from the United States firms," Operations Management Research, Springer, vol. 15(1), pages 413-427, June.
    8. Ahmed Rakha & Hansi Hettiarachchi & Dina Rady & Mohamed Medhat Gaber & Emad Rakha & Mohammed M. Abdelsamea, 2021. "Predicting the Economic Impact of the COVID-19 Pandemic in the United Kingdom Using Time-Series Mining," Economies, MDPI, vol. 9(4), pages 1-19, September.
    9. Lucia Svabova & Katarina Kramarova & Dominika Chabadova, 2022. "Impact of the COVID-19 Pandemic on the Business Environment in Slovakia," Economies, MDPI, vol. 10(10), pages 1-22, October.
    10. Lorenzo Escot & Julio E. Sandubete & Łukasz Pietrych, 2023. "Detecting Structural Changes in Time Series by Using the BDS Test Recursively: An Application to COVID-19 Effects on International Stock Markets," Mathematics, MDPI, vol. 11(23), pages 1-18, December.
    11. Xi Wang & Jiayang Li & Guangbin Zhang, 2022. "Mixed Monetary–Fiscal Policies and Macroeconomic Fluctuations: An Analysis Based on the Dynamic Stochastic General Equilibrium Model," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 30(2), pages 167-196, March.
    12. Sri ANDAIYANI & Ariodillah HIDAYAT & Fida MUTHIA & Dirta Pratama ATIYATNA, 2022. "Covid-19, Financial Market Vulnerabilities and Dynamics Monetary Policy: Comparative Analysis," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(2), pages 159-172, June.
    13. Wenjin Long & Junxia Zeng & Tongquan Sun, 2021. "Who Lost Most Wages and Household Income during the COVID‐19 Pandemic in Poor Rural China?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 29(6), pages 95-116, November.
    14. Denis Jelačić & Andreja Pirc Barčić & Leon Oblak & Darko Motik & Petra Grošelj & Matej Jošt, 2021. "Sustainable Production Management Model for Small and Medium Enterprises in Some South-Central EU Countries," Sustainability, MDPI, vol. 13(11), pages 1-15, May.
    15. Yanqi Xie & Apurbo Sarkar & Md. Shakhawat Hossain & Ahmed Khairul Hasan & Xianli Xia, 2021. "Determinants of Farmers’ Confidence in Agricultural Production Recovery during the Early Phases of the COVID-19 Pandemic in China," Agriculture, MDPI, vol. 11(11), pages 1-22, October.
    16. Baihua Yuan & Wang Leiling & Hayot Berk Saydaliev & Vishal Dagar & Ángel Acevedo-Duque, 2022. "Testing the impact of fiscal policies for economic recovery: does monetary policy act as catalytic tool for economic Survival," Economic Change and Restructuring, Springer, vol. 55(4), pages 2215-2235, November.
    17. AlQershi, Nagwan & Saufi, Roselina Binti Ahmad & Ismail, Noor Azizi & Mohamad, Mohd Rosli Bin & Ramayah, T. & Muhammad, Nik Maheran Nik & Yusoff, Mohd Nor Hakimin Bin, 2023. "The moderating role of market turbulence beyond the Covid-19 pandemic and Russia-Ukraine crisis on the relationship between intellectual capital and business sustainability," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).
    18. Liu, Yang & Wu, Ailing & Wang, Jianda & Taghizadeh-Hesary, Farhad & Dong, Xiucheng, 2024. "Green growth in the global south: How does metallic minerals affect GTFP enhancement?," Resources Policy, Elsevier, vol. 88(C).
    19. Yose Rizal Damuri & Prabaning Tyas & Haryo Aswicahyono & Lionel Priyadi & Stella Kusumawardhani & Ega Kurnia Yazid, 2021. "Tracking the Ups and Downs in Indonesia’s Economic Activity During COVID-19 Using Mobility Index: Evidence from Provinces in Java and Bali," Working Papers DP-2021-18, Economic Research Institute for ASEAN and East Asia (ERIA).
    20. Jia, Zhijie & Wen, Shiyan & Lin, Boqiang, 2021. "The effects and reacts of COVID-19 pandemic and international oil price on energy, economy, and environment in China," Applied Energy, Elsevier, vol. 302(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:acg:managt:v:8:y:2020:i:2:p:54-71. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: S.Lakshmanan (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.