Effect of corona on economy

Effect of corona on economy

During corovirus, people have faced many problems like education, problem of unemployment, problem of hunger, problem of economic development, etc. The biggest problem during coronvirus is the economy problem. Today we will discuss the problem of economy during coronvirus.

https://lifechangingonlineeducation.blogspot.com/2020/07/letter-on-covid-19.html

The most serious aspect of world war against the corona virus is now emerging. As per the GDP figures released a few days ago, the GDP of all the major sectors also has declined. The world's largest economy country has also seen a decline in the GDP of America during the coronary viruses epidemic.

                   This decline is clearly indicative of the fact that it has affected the economy not just the economy of the few countries but the economy of the world as a whole.

                                In the process of dealing with coronviruses, the lok down process initially needed to be done, but with the passage of time, the GDP of all countries collapsed. In many countries, the process of unlock has been initiated, in India also, since the month of may. But the country has not returned to life as it was before, people are still fond of working from home and are unable to get out of the house. So, economic activity is not at the same pace as before. The economic package was announced with the process of unlocking the country 's economy at the same pace as it was before may. Many countries have decided to set up recovery funds, get it exploited and remain to see the impact it may have on economic development. But this did not matter to the economy of America. There was an economic package of $1, 000 million, in which some of the companies came to share so that they could not get their employees to work and some of the share came in the interests of the unemployed but did not see much effect.

                    India too had a similar situation and announced an economic package in the month of may without much effect. If the impact of the economic package is seen somewhere, it was China 's economy but it was brought there after the control of the corona virus and hence the economic package was completely successful. But India and America have not yet completely contained the coronary virus, which has prevented the economic package from being successful. Much Labour from the cities of India returned to their own village and as he wanted to remain there for the time being, the country could not return.

https://lifechangingonlineeducation.blogspot.com/2020/07/education-problem-during-corona-virus.html

                   In many states of India, the coronary virus is not being controlled and the coronary virus is spreading at a very fast rate, with the states remaining locked up again and the economy is at the same level. The danger of the coronary virus is yet to end and we need to be more vigilant. The citizens of the country have also played their part in the problems faced by the coronary virus; they have played their role by feeding on the needy, helping with money, and the entire country has united to fight the coronary virus. Is coming forward with all that is needed. As the havoc of the coronary virus is getting reduced, people are getting more and more reckless day by day. We must use the economic resources carefully so that we don't have to face the same problems as in the past few months.