Abstract
Coronavirus, also known as COVID19, was an unprecedented shock for the Indian economy, already in the vulnerability stage. With the prolonged country-wide lockdown, the Indian economy downturn. COVID19 had stuck almost all the sectors of the economy, but the agriculture sector had managed to survive in the COVID19 outbreak with the help of the Central Government scheme, namely the eNAM platform. This study aimed to evaluate the spread of COVID19 in India, the current status of the eNAM platform and its growth. In contrast, the study also focused on comparing the total commodity arrival of the eNAM integrated market during the COVID19 period with the previous period. The study had selected April 2020 to March 2021 as a COVID19 period and April 2019 to March 2020 as the last period; for comparison study had selected the Fathenager eNAM market as a sample. The particular research had applied the CARG model to evaluate the growth of eNAM markets, whereas for hypothesis testing implemented Chi-square test. eNAM had significantly increased growth by 84.8% in the last four years by integrating 1000 APMC markets with the eNAM platform.
Highlights
The World was witnessed several epidemics, for instance, the Spanish flu of 1918, SARS (Several Acute Respiratory Syndrome) in 2003, Swine flu in 2008 and Ebola
To curb the spread of Covid-19, the Government of India had imposed a lockdown of an entire country in 4 Phases, and this unprecedented lockdown has harmed the economy. 1st Phase was imposed from 24 March 2020 to 14 April 2020
Agriculture is the backbone of the Indian economy
Summary
The World was witnessed several epidemics, for instance, the Spanish flu of 1918, SARS (Several Acute Respiratory Syndrome) in 2003, Swine flu in 2008 and Ebola. In India, COVID19 started spreading in March 2020, but India's first case of COVID19 was on 30 January 2020 in the state of Kerala. India has made an early move to constrain the spread of COVID19, requesting a 21-day across the country lockdown for its population of 130 crores beginning from 25 March 2020; as a result, the epic Coronavirus has spread generally in India moderately low as compared to other nations in 1st layer of Coronavirus. In the 2nd layer of Coronavirus, India is the 2nd most infected country with 2.93 crores confirmed cases (till 12 June 2020) in the World, following by the United States with 3.34 crore confirmed cases (till 12 June 2020) and followed by Brazil, France, and Turkey with 1.72 crores
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