Abstract

The world had witnessed several epidemics such as the Spanish Flu of 1918, outbreak of HIV/AIDS, SARS, MERS and Ebola. In the past, India had to deal with diseases such as the small pox, plague and polio. All of these individually had been pretty severe episodes. The Covid-19 which had originated in China in December 2019 and over the next few months rapidly spread to almost all countries of the world can potentially turn out to be the biggest health crisis in our human history. India recorded the first case of the Covid-19 disease on 30th January, 2020. Since then the new confirmed cases have increased steadily and significantly in India. The significant number of causalities also happened in many countries which includes India due to the Covid-19. Many experts have called this a Black Swan event for the global economy. The economic impact of the COVID-19 pandemic in India is largely disruptive. The growth of the economy has slowed down due to shutdown of different many productions channels. But the central government of India has managed through its public policies extremely well in order to overcome this economic slowdown and improved its economic development in a very remarkable speedy way.

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