IMPACT ON HOUSEHOLD CONSUMPTION PATTERNS DUE TO COVID-19 IN INDIA

Abstract

Covid-19 has created fear amongst the people and government. Government policies and strategies to control covid-19 have created a huge economic lossto the country.In March 2020,government of India implemented lockdown when cases of covid-19 were rising rapidly. Laterrelaxation was provided but another peak of cases was seen in the start of 2021. Due to these multiple lockdowns many businesses were shut, and it impacted GDP very severally. In this paper, researcher analyses the impact of covid-19 lockdown on household consumptionpatterns in Delhi. Delhi is the capital of India and it would provide significant data and help other Indian states. Researcher analyse the effect of covid-19 lockdown on household consumption patterns and see whether they will be able to regain that confidence. Previous researcher provides a significant result, but they consider only one factor while estimating household consumption. Researchers analyses all the factors and gain data from previous literatures while estimating the consumption expenditure patterns. Researcher uses bothqualitative and quantitative data to provide a strong evidence. The survey in this search will provide an in-depth idea of people’s situation in this pandemic lockdown. This research will helpgovernment and other states in policy making with an idea of economic growth.