Effect of covid 19 on India economy

Coronavirus outbreak was first reported in Wuhan, China on 31 December, 2019 but initially It was activated before December in China. 

 

China were trying to hide this from the world.

Coronavirus (CoV) is a large family of viruses that causes illness. It ranges from the common cold to severe diseases like Middle East Respiratory Syndrome and Severe Acute Respiratory Syndrome. 
It is said that businesses are grappling with "tremendous uncertainty" about their future by an survey. 

According to the survey, COVID-19 is having a 'deep impact' on Indian businesses, over the coming month's jobs are at high risk because firms are looking for some reduction in manpower. It is found soon many of the company will reduce its manpower resources reason behind less production and lockdown of business in period of 2 month.
This is really critical situations for both worker and industrialist that how they will pay salary to them and for workers of not having job anymore. 
An outbreak of COVID-19 impacted the whole world and has been felt across industries. The outbreak is declared as a national emergency by the WHO.Tthe lockdown was declared after this declaration by WHO in many countries of World just to stop spreading of this virus through chain. 

In India the three major contributors to GDP namely private consumption, investment and external trade will all get affected. World and Indian economy are attempting to mitigate the health risks of COVID with the economic risks and necessary steps needed will be taken to improve it.

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