CORONA ECONOMY

Since two years the World economy has been tormented by the pandemic corona. India, being the 2nd most populated country of the World, here the negative impact over the sub-continent is much more. Corona virus originated from a bat market of Wuhan according to China where as many western countries including USA are not accepting the same. Even recently the President of America Joe Biden ordered for an inquiry to know from where & how actually corona virus originated. Anyhow the above virus is much dangerous because of changing it’s strain from one country to another. Recently WHO named the strain from India as “Delta”. India suffered a lot & now even the 2nd wave is continuing. It affected the economy of India according to centre for monitoring Indian economy (CMIE)’s CEO Mahes Vyas. According to the report of CMIE the 2nd wave made approximately more than 1crore people jobless. Vyas even quoting the report of CMIE told 97% Indian’s income has been diminished. The ex-finance minister of India, P Chidambaram criticized BJP & NDA, though admitted that economy has been affected partly due to corona pandemic. CMIE report told that around 55% Indian family’s income became downwards & due to inflation 97% people told in the survey that their income has been reduced. So, now it is the prime duty of thee GOVT of India & all state GOVT to takes steps which in one side will control the pandemic & in other hand income platform should open & be enhanced.   

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