Impact of COVID-19 on Indian Economy Size, Share and Forecast 2019-2025

By | July 8, 2020

Coronavirus (COVID-19) is spreading with the utmost intensity in India. The country is progressing at a significant pace; however, the outbreak of the COVID-19 pandemic has negatively affected the economy of the country in the past few weeks. India like China is a hugely populous country. Therefore, the community spread of coronavirus is a major concern for the country, as there will be a lack of ventilators and critical beds for a large number of patients. The Union Health Ministry of India has stated that there is only one isolation bed available per 84,000 Indians and one quarantine bed available per 36,000 people. Therefore, in the absence of an adequate number of isolation beds and quarantine beds, the rapidly spreading coronavirus is the foremost concern of the government. The spread of pandemic is also impacting the economy of the country.

Please read the originial post here: https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-indian-economy