Throw some light on the Covid impacts on international as well as Indian economy.

Question

Accepted Answer

Covid-19 has severely impacted both international and Indian economy.

The pandemic has caused a global economic slowdown.
International trade and tourism have been severely affected.
India's GDP has contracted by 7.7% in 2020-21.
Unemployment rates have increased in both India and globally.
The government has implemented various relief measures to support the economy.
Digitalization and e-commerce have seen a surge in demand.
The healthcare sector has witnessed significant growth and investment.
The pandemic has highlighted the need for resilient and sustainable economic systems.

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