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A Study of Impact of Covid19 On People at Bangalore: A Project-Report Submitted in Partial Fulfilment To Maharani
A Study of Impact of Covid19 On People at Bangalore: A Project-Report Submitted in Partial Fulfilment To Maharani
BANGALORE
By
NETRAVATHI
(C1900429)
June 2022
I hereby declare that the project was carried out in accordance with
the regulations of university. It is original and is the results of my
own work and has not been submitted to any other university or
institute for the award of any degree or qualification
NETRAVATHI
• Place:
B.com
Guide Name Co Ordinator Chairperson
Prof.RAMYA.B.M Dr.UMA T.G Commerce
[M.COM, MBA, M Phil, Ph.D.] Prof. kushala
Director
Dr. Ramachandra. K
Principal
Dr. Prakash
• SYMPTOMS :-
• The most common symptoms of corona virus are fever, cough and
shortness of breath. Some patients may have aches and pains,
throat congestion, runny nose and sore throat. Most people recover
from the disease without needing special treatment. Older people
and those with underlying medical problems like high blood
pressure, heart problems or diabetes are more likely to develop
serious Illness.
• There are many things we can do keep ourselves and loved ones
safe from corona virus.
• Following are the basic precautions to avoid covid-19
• Follow the Govt rules and regulations regarding COVIDN-19.
o What the local bodies are advising so we have the most
relevant information for where we are.
• The biggest
challenge in
India’s fight
against COVID-
19 is the
population,
with a
population
density that is
almost 3 times
of china. The
scenario is
potentially
worse in urban slums where the population density may exceed
more than 250000/km2 making social distancing impossible.
• Economy Impact:
• The COVID-19 pandemic has disputed the global economy and the
economic impact of the largely disruptive. India’s growth in the
A STUDY OF COVID-19 MAHARANI CLUSTER UNIVERSITY
fourth quarter of the fiscal year 2020 went down to 3.1% according
to the Ministry of statistics. On May 31 the Indian government
released the data for GDP that during the financial year 2020-21,
GDP contracted by 7.3%. It is the most severe contraction from the
time India got its independence. The reasons behind this trajectory
are obvious lockdown leading to the closing of business units,
increasing unemployment rate and a significant decline in
domestic consumption.
• The coronavirus pandemic also impacts export and imports. India’s
exports in April 2020 fell by-36.65% on year, while imports in April
2020 fell by -47.36% as compared to April 2019. This results it
affect on Indian economy.
• From April to June 2020, India’s GDP dropped As India gradually
becomes the global hotspot for COVID-19, the gross domestic
product for the first quarter ended June of FY 2020-21, released on
Monday, 31 August, dropped 23.9%, revealing the extent of
damage the pandemic has caused to the country’s economy.
• Asia’s third largest economy saw the steepest fall in GDP first time
in four decades. If the negative growth rate continues for a second
quarter in July-September, India will reel from recession.
• On a sequential basis, the quarterly growth rate has progressively
declined from 5.2 per cent in Q1 of 2019-20 to 4.4 percent in Q2,
4.1 percent in Q3 and 3.1 percent in the last quarter of 2019-20.
• The Gross Value Added (GVA) stood at -22.8 percent as against the
estimates of -19.2 percent.
• Expenditure Trends
• India's private final consumption expenditure, the indicator for
household spending, fell 26.7%. Investments indicated by Gross
• Experts React
• Speaking to BloombergQuint, Pronab Sen, former chief statistician
of India, said the first round of revisions would take place when
data from the Ministry of Company Affairs data is included. The
quarterly projections are mainly based on corporate data of listed
corporates, and not the smallest companies. He added that the
steep contraction in the first quarter means that the full year
contraction could be worse than the -5 percent estimated by a
number of economists.
• Commenting on the numbers, Dr Sangita Reddy, President, FICCI
said, “The sharp plunge in quarter-1 GDP growth java script: void
(0) numbers was anticipated. However, the magnitude of the
contraction has indeed come as a surprise. This only highlights the
urgent need to take immediate measures to bolster demand in the
economy and we hope government and RBI will plan for the next
set of fiscal and monetary measures and make these
announcements soon.”
• She also added that the government should consider a temporary
reduction in GST rates, especially in the consumer durables
segment. “Greater impetus to housing, infrastructure and auto
sectors and support to state governments for purchase of buses for
city transportation must also be considered,” Dr Reddy said.
• Sakshi Gupta, senior economist at HDFC Bank Gurugram
told Reuters, “Hopes of an economic recovery in the second half of
the year have been pinned on a rural sector revival. However, with
the virus spreading to the hinterland, the rural support might be
lower than expected.”
• Social sector:
• The coronavirus pandemic also Impact on tourism sector. Due to
COVID-19 movement of people were restricted and hence tourism
industry is facing huge losses. Tourists spend money in the
countries they visit, so the loss of this money is affecting the
economies of many countries. Overall, the economic contraction of
this corona period is challenging for the whole world, in such a
situation, so that we can get out of the economic situation and
move towards positive growth.
• COVID – 19 VARIANTS
• Delta
• Beta
• Alpha
o Alpha (B.1.1.7) was the first of the highly publicized variants.
Alpha first appeared in Great Britain in November 2020 and
infections surged in December of that year.
• To find out the how many cases are present in the country. And
increase the testing and giving the vaccination.
• Covid-19 or
• Corona virus
• Lockdown
• Seal down
• Vaccine
o Reference period
• The study period was from 20-05-2022 to 20-06-2022
CHAPTER - 03
• Profile of the Respondents
Conclusions
India is presently witnessing a rapid surge in the number of
COVID-19 cases. Although the nationwide lockdown has been able to
decelerate the spread, the country’s ever-increasing population,
remarkably high population density and poor socioeconomic conditions
are major barriers in India’s battle against COVID-19. However, the
overall low case-fatality rate is reassuring. The Government of India and
the health care providers have been relentless in their efforts. The
citizens must also help support the fight against the pandemic by
adhering to government advisories of containment and social distancing.
References
o Barclays. (2020). How will India lockdown play out for
economy & markets: 4 scenarios. Economic Times.
https://economictimes.indiatimes.com/markets/stocks/new
s/how-will-india-lockdown-play-out-for-economy markets-4-
scenarios/articleshow/74804087.cms Bloom, E., Wit, V. d., &
Jose, M. J.-S. (2005). Potential economic impact of an Avian
Flu Pandemic on Asia. Asian Development Bank.
https://www.think-asia.org/handle/11540/2165. Economic
Survey. (2020). Key indicators. Government of India. ———.
o (2020). Chapter 5. Government of India. Godman Sachs.
(2020). Goldman Sachs estimates India’s GDP growth rate at
1.6%, predicts RBI will reduce interest rates by another 50
basis points.
https://www.news18.com/news/business/goldman-sachs-
estimates-indias-gdpgrowth-rate-at-1-6-predicts-rbi-will-
reduce-interest-rates-2569465.html IIPS. (2001). Major net
migration flows. Indian Institute of Population Sciences.
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world of work, impact and policy responses. ILO. Jagan
Mohan, M. (2020). Travel and tourism industry in India,
statistics and facts. https://www.statista.com/
topics/2076/travel-and-tourism-industry-in-india/ Jan
A STUDY OF COVID-19 MAHARANI CLUSTER UNIVERSITY
Saahas Survey. (2020). Lockdown is only the beginning of
misery for India’s migrant labourers. Quartz.com.
Bibliography:
www.wekiepedia.com
www.news 18.com