Effects of Covid-19 on the Economy

Author: Daya Mary Mathew, S. Ancy, J. Aruna Jasmine

Abstract:
A health hazard is a condition of a premises, a substance, thing, plant or animal other than man, or a solid, liquid, gas or combination of any of them, that has or that is likely to have an adverse effect on the health of any person. With the steep increase in COVID -19 cases not only in India but all over the world, this disease caused by the novel corona virus has been declared a pandemic by the World Health Organization. Such a situation was last faced by the humans on earth more than a 100 years ago during the Spanish Influenza. It has brought our life to a halt and forced us to ponder about a lot of things. It has brought several industries to a standstill and has also brought substantial trade deficit for India.

Keywords:Covid-1, Economy, Aviation sector, Agriculture, the hospitality and tourism

DOI:

International Journal of Trade & Commerce (Vol: 9 Issue:1)