COVID-19

[CORONAVIR
US]
ON
INDIAN
ECONOM
Y
 INTRODUCTION

• Origin
• Covid 19 hit on India
• Covid 19 on its Highest Peak in India
• To tackle Covid 19 by Govt of India
 INTRODUCTION
• Impact on Economy
• Measures taken by the Govt.
• Policy taken by the Govt. of India for Countrymen
• Relaxation to the Economy
 OBJECTIVES
• Health and well being.
• Physical, Financial capital and infrastructure.
• Inclusive development for aspirational India.
 OBJECTIVES
• Reinvigorating human capital.
• India's GDP growth estimated by 7.5% in 2020-21, and grow by 10.5%.
• Collateral free loan for business .
 IMPACT ON INDIAN SECTOR
• Indian Office Sector been robust for last 3 years. • Present scenario in India stresses on workplace
wellness and hygiene
• No major impact on office demand due to COVD –
19 • Firm will review their business continuity plans for
further virus spread preparation
• Delayed decisions by occupiers who depend on
overseas clearance in Asia. • Opportunity for occupiers in India to initiate
remote working policies planning and
• Minimum occupancy in flexible workspaces in
implementation.
March as employees encouraged to work from
home
 IMPACT ON INDIAN SECTOR
• Banking and financial sectors have significant
impact as they make transition to remote.
• Occupiers need to adopt technology advancements
and switch to cloud strategy to minimize the
disruptions due to remote working.
• 28% was total institutional investments from Singapore,
Hong Kong and mainland China together in 2019 in real
estate Investments
• • Investors were expected to stay bullish over span of
next 5 years as there was increase of funds from Asia into
India s Grade A office assets
• But due to COVD - 19outbreak, slower decision-making in
Q1 2020 will result in obstruction in capital deployment in
India
 IMPACT ON INDIAN GDP STATISTICS

• The loss incurred by enforcing a lockdown in the country was estimated at 26 billion U.S. dollars
•  Exports and imports saw a drastic decline in the country especially in the case of essential commodities such as petroleum, food crops, and coal,
among others.
• The growth rate of the automotive business in India was expected to be the most adversely affected followed by the power supply and IT sectors.
• Many startups, small and medium enterprises in India expected to face issues of supply disruption and a decrease in demand.
 IMPACT ON INDIAN GDP STATISTICS

• Nine major cities from the most affected states contributed approximately 15% of the country’s total GDP in 2020.
• Against this backdrop, the combined real GDP growth of nine major Indian cities has been revised downward to 9.28% in May 2021 from the
earlier projection of 9.61% in January 2021.
• Daily wage laborers, small traders and workers in the tourism and hospitality business remained the most vulnerable.
• Economic activities started recovering during the end of last year, the recent surge in cases and the consequent lockdown measures will keep
the unemployment rate in major cities at a high level.
 CONCLUSION
• The spiraling and pervasive COVID-19 pandemic has distorted the world’s thriving economy in
unpredictable and ambiguous terms.
• But it significantly indicated that the current downturn seems primarily different from recessions
of the past which had jolted the country’s economic order.
• Whereas the nations, conglomerates, corporations and multinationals continue to understand
the magnitude of the pandemic, it is undoubtedly the need of the hour to prepare for a future
that is sustainable, structurally more viable for living and working.
THANK YOU