Topic: COVID-19 Impact on the Indian Economy - page 2. (Read 1226 times)

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.

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.

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. 

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.

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.

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

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.

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.

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.

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

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

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.

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.

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%.

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.

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

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.

But we have to accept the fact that poor economic countries like India and their neighboring countries have been hit harder than other than other European countries because during the corona virus lockdown was one of the most important factor that could have stopped the virus from spreading but struggling economic countries had to force limited lockdowns because their countrymen will die of starvation if they do a complete lockdown because of the poor economic structure.

While economic giants like European countries haven't been into such a situation just yet because they have the power to feed their people even during the worst times and I heard US was giving some $2000 to every citizen in the situation per month which in Asian countries people don't earn that much normally. Not sure how true it is though if they are actually giving 2k to everyone.

In a few years, India will get a demographic bonus. Demographic bonuses can be both positive and negative depending on the government in its exploration. India faces a shortage of skilled labor, on the contrary, the number of unskilled labor is increasingly abundant. As a result, labor productivity is low, making India threatened to fail to take advantage of the demographic bonus.

To capture the momentum of Modi's demographic bonus, it must be capable and skillful to develop new jobs and promote rural development, especially infrastructure, roads, and dams, as well as the development of chemical, iron and steel industries that are needed by various industries. The technology-based education system has indeed been adopted by India for a long time but needs to provide its citizens with the knowledge and skills needed to develop the economy.

India hardly seems too rich though it could be great and some sections might have money, it clearly has developed though at a much slower rate then China.    The main determiner of success for India is within its own country not in external support, its such a large nation that just sorting its own commerce better counts for alot in growth potential.    Covid should not have as large an impact on a nation so young on average across the population, I'm still optimistic they can continue to progress but the vital point I'm missing is how useful Modi and his policy will be to his country and people.