COVID-19 Pandemic: A review of economic package of India using Sentiment and Emotional Analysis

Abstract

COVID-19 global pandemic has created an unprecedented crisis and the entire global community passing through turbulent times. With the number of coronavirus (COVID-19) cases growing exponentially, the entire world has come to a standstill. This Covid-19 global pandemic has created stressful unsettling circumstances for the whole world. It has completely disrupted the normal socio economic activities. Most of the countries have enforced a complete lockdown and taking several pro-active measures and necessary precautions to ensure health and safety of its citizens. There is a huge loss in business sector leading to another recession around the world. Every country is coming out with a plan to save their economy. India is the fifth largest economy in the world and to save their economy, the Indian government has announced an economic package of Rs. 20 lac crore for its economic revival. People have flooded their social media accounts with their opinion on this economic package. In this paper, 1.8 lac tweets are extracted and analysed from different states and UT’s of India. The findings show that more than 50% of people are positive about the economic package. Around 50,000 people are neutral about the economic package and around 30,000 people are negative regarding the economic package. The paper also analysis state-wise tweets and concludes that all states have a majority of positive tweets for the economic package. The study also analysis that north west India has most positive tweets and neutral tweets and north India has most negative tweets.