Hello candidate,

Covid-19 mostly had a negative impact in most of the sectors of the Indian economy including manufacturing, agriculture, Technology, export and import, as well as transportation sectors.

However, there was a massive boom specially in the Pharmaceutical and medical sectors because of the high demand of antiviral medicines, and immune boosting tablets.

Hope this answer was helpful for you!!

Good luck.

Hi,

Here is the presentation:

The outbreak of COVID-19 has impacted nations in an enormous way, especially the nationwide lockdowns which have brought social and economic life to a standstill. A world which forever buzzed with activities has fallen silent and all the resources have been diverted to meeting the never-experienced-before crisis. There is a multi-sectoral impact of the virus as the economic activities of nations have slowed down. What is astonishing and worth noting is an alarm bell which was rung in 2019 by the World Health Organization (WHO) about the world’s inability to fight a global pandemic. A 2019 joint report from the WHO and the World Bank estimated the impact of such a pandemic at 2.2 per cent to 4.8 per cent of global GDP. That prediction seems to have come true, as we see the world getting engulfed by this crisis.

In another report entitled‘COVID-19 and the world of work: Impact and policy responses’ by International Labour Organization, it was explained that the crisis has already transformed into an economic and labour market shock, impacting not only supply (production of goods and services) but also demand (consumption and investment). International Monetary Fund’s (IMF) chief said that, ‘World is faced with extraordinary uncertainty about the depth and duration of this crisis, and it was the worst economic fallout since the Great Depression’. The IMF estimated the external financing needs for emerging markets and developing economies in trillions of dollars. India too is groaning under the yoke of the pandemic and as per news reports in Economic Times published on 23 March 2020, the economists are pegging the cost of the COVID-19 lockdown at US$120 billion or 4 per cent of the GDP (The Economist, 2020).

This COVID-19 pandemic affected the manufacturing and the services sector—hospitality, tours and travels, healthcare, retail, banks, hotels, real estate, education, health, IT, recreation, media and others. The economic stress has started and will grow rapidly. While lockdown and social distancing result in productivity loss on the one hand, they cause a sharp decline in demand for goods and services by the consumers in the market on the other, thus leading to a collapse in economic activity. However, lockdown and social distancing are the only cost-effective tools available to prevent the spread of COVID-19.

Material and Methods

Research studies done earlier to assess the economic impact of epidemics have been based on simulation models. A study done by Martin Karlsson (2014) to assess the impact of 1918 Spanish flu epidemic on Swedish economy is based on the neoclassical growth model; an extension of the standard difference-in-differences (DID) estimator was employed to exploit the differing flu mortality rates across Swedish regions. The policy brief issued by the Asian Development Bank to assess the economic impact of Avian Flu pandemic on Asian economies has been done through macroeconomic simulations based on Oxford Economic Forecasting (OEF) global model, which incorporates both the demand and supply sides and adjusts to a new equilibrium after a shock (Bloom et al., 2005). The empirical estimates of the economic effects of the Severe acute respiratory syndrome (SARS) epidemic are based on a global model called the G-Cubed (Asia-Pacific) model which was proposed by Lee and McKibbin (2004). Economic effects of epidemics are measured through economic costs deriving from disease-associated medical costs or forgone incomes as a result of the disease-related morbidity and mortality. In a global economy, the economic consequences of an epidemic in one country are transferred to other countries because of the integrated supply chains and capital markets.

Economic Survey 2019–2020 had provided advance estimates for growth in real GDP during 2019–2020 at 5.0 per cent, as depicted in Table 1, as compared to the growth rate of 6.8 per cent in 2018–2019. The nominal GDP is estimated at 204,400 billion in 2019–2020 with a growth of 7.5 per cent over the provisional estimates of GDP ( 190,100 billion) for 2018–2019. (Economic Survey, 2020, p. 100) On 28 February 2020, the National Statistical Office announced revised estimates of GDP growth, from 8 per cent to 7.1 per cent in the first quarter, from 7 per cent to 6.2 per cent in the second quarter and from 6.6 per cent to 5.6 per cent in the third quarter. Goldman Sachs estimated the growth rate of GDP at 1.6 per cent, declining by 400 basis points because of 21-day lockdown (Goldman Sachs, 2020). In case of a quick retraction of COVID-19 pandemic across the globe by mid-May, KPMG India estimated India’s GDP growth in the range of 5.3 per cent to 5.7 per cent. In second scenario where India controls the virus spread but there is a significant global recession, the growth may be between 4 per cent and 4.5 per cent. KPMG India in its report estimated India’s GDP growth rate falling below 3 per cent if the virus spreads further in India and lockdown sees an extension (KPMG, 2020). Motilal Oswal research suggests that a single day of complete lockdown could shave off 14–19 basis points from annual growth (Oswal, 2020). Barclays reported the cumulative shutdown cost to be around US$120 billion, or 4 per cent of GDP (Barclays, 2020). Mr Yashwant Sinha, former Finance Minister of India, estimated the cost of 21-day countrywide lockdown at 1 percentage point of GDP. The global recession and uncertainties of future might make a 2 percentage point decline in growth rate (for 2020–2021) possible.

Hello candidate,

Here are some key aspects and important points which can help you to do take down while preparing your presentation-

At first, apart from causing health issues and a large number of deaths throughout the country, the main effect which covid-19 had is on the the Indian economy.

the Indian economy was badly shattered and was hit very hard due to this covid crisis, because it led to lock down in most of the industrial sectors and daily life works which led to you are break down in the capital flow through the economy.

Hope it helps!!

Hello Nishit,

This is a very interesting and common topic on which you can easily prepare presentation.

As everything is done online these days, so it has become very common for preparing and giving your presentations online.

You can get a lot of material on this topic on the internet and even you can get some already prepared slides from different websites.

Also, this is a topic on which you can prepare presentation with your knowledge if you have always been updated with the news.

Hope it helps.

Good Luck!

Hello Shiwani,

The impact of coronavirus pandemic on India has been largely disruptive in terms of economic activity as well as loss of human lives. India faced a huge decline in government revenues and growth of the income for at least two quarters as the coronavirus hit economic activity of the country as a whole. A fall in investor sentiments impacts privatization plans, government and industry.

Hope it helps.

Good Luck!

Hey,

The effect of Covid-19 is very large on the Indian economy. And not only India, around 100 countries are facing this situation. Businesses across the world like hospitality, entertainment, aviation etc. have seen a major negative impact due to this outspread.

There is a big shift in the world economic market. Factories, Restaurants, Pubs, Markets, Flights, Super Markets, Malls, Universities and Colleges etc. were shut down. Fear of corona virus has limited the movement of the individuals.

People are not even going to buy the daily essentials and these all were somewhere impacting the economy of the world as a whole. The Organization for Economic Co-operation and Development (OECD)reveals that they have cut their expectation for global growth to 2.4% from 2.9%, and warns that it could fall as low as 1.5%.

Covid-19 has disrupted global supply chains and this is generating spill over effects throughout different levels of supplier networks. Global trade in 2020 will fall in every region of the world, and will affect all sectors of the economy.

Hope it helps.

Hello Candidate,

Covid-19 has caused a great effect not only on the India's Economy , but also on the World's Economy . The world economy is facing a great crises today. Economies across the globe are seeing a sharp contraction in growth caused by the economic lockdown to control the spread of the virus. This has led to a supply shock, reduction in output, employment and consequently, demand.

The Indian economy was already facing serious structural issues and facing a downturn, which probably have receded to the background with the more serious threat of the pandemic at hand.

The economic impact of the coronavirus pandemic may lead to higher non-performing assets and capital erosion of banks while the redemption pressure on non-banking finance companies (NBFCs) and mutual funds are emerging as crucial stress points in the financial system.

Hope it helps.

Hello dear student

You can write this article or prepare presentation by the help of different article so please search on google and find something relevant and read it and after that you can easily write or prepare the presentation.

If still have any queries than please post your queries or comment on comments section.

Hope that's helpful

Best of luck

hi,

you may follow the below mention books,

One Up On Wall Street by peter lynch

The Intelligent Investor by Benjamin Graham

indian economy by vk puri, s.k misrra

indian economy by uma kapila

Common Stocks and Uncommon Profits by philip A. fisher

Principles for Navigating Big Debt Crises, by Ray Dalio,

A Crisis of Beliefs: Investor Psychology and Financial Fragility, by Nicola Gennaioli and Andrei Shleifer