Covid-19 Impact on the Indian Economy: A Review of Uttarakhands Travel, Tourism and Hospitality Sector

Author: K.R. Jain, Anuja Dhyani

Abstract:
This study examines the impact of COVID-19 on the Indian Economy with reference to travel, tourism and hospitality sector in Uttarakhand. The outbreak of corona virus in China shook the world due to its adverse impact on the global economy. The corona virus pandemic is leading a massive disruption in the economy of the country. Key sectors continue to be spooked by the outbreak. Supply chain disruptions apart, lack of demand is affecting sales of mobile phones, electronics and automotives. India went through elongated country-wide lockdown to combat the pandemic by restricting movement of its people. These lockdown directly affected the travel industry like aviation, rail and road transport. This further adversely affected the hospitality sector. From big hotel to small businesses like restaurants, SPAs, beauty parlors and street food vendors have been shattered by the double blow of the pandemic and the lockdown. This research paper highlights the measures taken by the Government of India to tackle the set-back on travel, tourism and hospitality sector.

Keywords:COVID-19,Corona virus, Economic Downturn, Hospitality, Indian Economy, Lockdown, Outbreak, Pandemic, Social Distancing, Supply Chain, Tourism, Travel.

DOI:

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