"സി.സി.പി.എൽ.എം.എ.ഐ.എച്ച്.എസ്. പെരുമാനൂർ/അക്ഷരവൃക്ഷം/COVID-19 AND ITS IMPACT ON INDIAN CITIZEN AND ECONOMY" എന്ന താളിന്റെ പതിപ്പുകൾ തമ്മിലുള്ള വ്യത്യാസം

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+<p>The corona virus is spreading whole over the world.
+With the number of COVID-19 cases leaning dangerously more than 200,000 and the worldwide death toll crossing more than 8,000, the World Health Organization (WHO) declared the virus outbreak a pandemic in the second week of March 2020, four months after the novel virus first made headlines.
+Nearly 162 countries are steadily going into lockdown and among them India has done a great work to fight against corona virus. Due to increase in the corona virus suspects in the country, the government declared a lockdown whole over the country and it has started yielding results. The number infected people in India is decreasing considerably. But this period of time is literally a bad time for the Indian economy.</p><p>With rising unemployment, interest rates, and fiscal deficit, the economy in India has seen better days. Adding fuel to this fire is the novel Coronavirus that is sending tremors down Indian trade markets dependent on China for imports.</p> <p>Nearly 55% of electronics imported by India originate from China. These imports have already slid down to 40% in light of the coronavirus outbreak and subsequent lockdown. As a countermeasure, India is considering the promotion of indigenous production in a bid to reduce dependency on a single market. Additionally, China is India’s third largest export partner for export of raw materials like organic chemicals, mineral fuels, cotton, etc.; and a lockdown of the countries is likely to lead to a substantial trade deficit for India.