Impact of Covid 19 on Unorganized Sector in India

  • Mansi chahar
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  • Mansi chahar

    Student at Banasthali Vidyapith, India

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Abstract

A finest economy is one in which a condensed government controls the means of production and wealth. The economic growth plays a very crucial role in the enlargement of the country growth and development. But due to the Pandemic the market is disrupted to a great extent. Moreover governments make appropriate intercessions in reply to the corona virus, businesses are swiftly modifying to the changing desires of their customers, their people and suppliers, while negotiating the financial and proactive challenges. As India calipers for an extended lockdown to curb the transmission of the coronavirus, the economically weaker section of the society also calipers for its battle with poverty and crave. While few migrants have able to reach the safety of their homes, hunger, starvation, the heat and the cold, some are even now thrust in cities with no work or job and no home. Rest, who are fortunate enough to have a roof to live under, have been taken away of their jobs that give them their daily bread. India’s GDP growth is swiftly increasing yearly as in 2015 it was 7. 6% compared to China which was 7. 1%, making India a fastest growing economy . But due to this pandemic the country is suffering a lot and has decided to save the people first rather of economy. Economy will definitely reach to an accurate and pleasant stage but the precious lives of the people will never be compensated. Therefore the government is protecting lives

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Research Paper

Information

International Journal of Law Management and Humanities, Volume 4, Issue 4, Page 547 - 554

DOI: https://doij.org/10.10000/IJLMH.111322

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