Abstract

 In the paper work we analysed the coronavirus epidemic and the spill over to the global economy which triggered the global recession in the year of 2020. How come a health disaster converts to an economic emergency? The answers are (a) the spread of the virus encouraged social distancing which controlled to the shutdown of financial markets, corporate offices, businesses and events. (b) The exponential rate at which the virus was spreading and the sensitive uncertainty about in what way immoral the situation could get, led to flight to safety in consumption and investment among consumers, investors and international trade partners. Lawmakers in several countries reinforced an extended social distancing strategy, damning the consequences of social distancing on the economy. We focus on the period from the start of 2020 through May 2020 when the coronavirus began spreading into other countries and markets. We draw on real-world explanations in measuring the preventive measures, monetary policy measures, fiscal policy measures and the public health measures that were adopted during the period.

Conclusion:Anti-D is used in pediatric age group for use in some carefully selected cases of acute ITP. Anti-D showed nearly the same efficacy and safety with cost effectiveness comparable to IVIG.

Keywords: Covid-19; Coronavirus; Financial Crisis; Global Recession; Public Health

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Citation

Citation: Pravin Kumar Patel.,et al. “What is the Impact of Coronavirus on Indian Economy? - A Review". Acta Scientific Cancer Biology 4.8 (2020): 03-09.

Copyright

Copyright: © 2020 Pravin Kumar Patel.,et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.