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COVID 19 2nd Wave

Impact of covid on industries

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jeevanpm9845
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9 views

COVID 19 2nd Wave

Impact of covid on industries

Uploaded by

jeevanpm9845
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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COVID-19

PRESENTED BY
MARTIN
RAHUL
JEEVAN
SHARAN
introduction
 Coronaviruses are a large family of
viruses that are known to cause illness
ranging from the common cold to more
severe diseases such as Middle East
Respiratory Syndrome (MERS) and Severe
Acute Respiratory Syndrome (SARS).A
novel coronavirus (COVID-19) was
identified in 2019 in Wuhan, China. This is
a new coronavirus that has not been
previously identified in humans.
 COVID-19 infection reported in Kerala,
India. On January 27, 2020, a 20 yr old
female presented to the Emergency
Department in General Hospital, Thrissur,
Kerala.
IMPACT ON AGRICULTURE
SECTOR
 Since agriculture is the backbone of the
country and a part of the government
announced essential category, the impact
is likely to be low on both primary
agricultural production and usage of
agro-inputs. Several state governments
have already allowed free movement of
fruits, vegetables, milk etc.
AVITAION AND TOURISM
 The contribution of the Aviation Sector and
Tourism to our GDP stands at about 2.4% and
9.2% respectively. The Tourism sector served
approximately 43 million people in FY 18-19.
Aviation and Tourism were the first industries
that were hit significantly by the pandemic.
 According to IATO estimates, these industries
may incur losses of about 85 billion Rupees
due to travel restrictions. The Pandemic has
also brought about a wave of innovation in
the fields of contactless boarding and travel
technologies.
PHARMACEUTICALS
 The pharmaceutical industry has been on
the rise since the start of the Covid-19
pandemic, especially in India, the largest
producer of generic drugs globally. With a
market size of $55 billion during the
beginning of 2020, it has been surging in
India, exporting Hydroxychloroquine to
the world, esp. to the US, UK, Canada,
and the Middle-East.
EMPLOYMENT RATE
 Unemployment rate also saw a decrease
as compared to the levels seen in the
April-June quarter of 2020. During the
October-December quarter of 2020
(latest data available), unemployment
rate had reduced to 10.3%. However, it
was notably higher than the
unemployment rate in the same quarter
last year (7.9%).
GDP RATE
 The GDP growth had crashed 23.9% in
response to the centre's no notice
lockdown. India's GDP shrank 7.3% in
2020-21. This was the worst performance
of the Indian economy in any year since
independence.
THANK
YOU

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