An Analytical Study of Government Measures to Mitigate the Effect of Covid-19 on Indian Economy

Abstract

In view of serial waves of Corona virus, this paper is an attempt to analyse the different initiatives and measures of Government to mitigate the effect of COVID 19 on Indian economy. This study is secondary data based and relevant data has been collected from reports of economic surveys GOI, World Bank reports, news papers, SOP’s issued time to time by Ministry Home Affair and Health and Family Welfare, GOI, journals and websites. Macroeconomic indicators (GDP, Unemployment, inflation rate etc.) have been used to analyze and interpret data to fulfill the objectives of the study. Of course, Government measures have mitigated the effect of pandemic significantly, but more efforts are required to heal the damage of COVID 19 completely. The findings of this study will be helpful to policy makers to assess the performance of these measures to design appropriate policies to cope with Covid-19 and such pandemics in future.