About the Book: COVID-19 and the Indian Economy: Impact and Response
With strong macroeconomic fundamentals, the Indian economy was well-placed on
trajectory of high growth rate in early 2020 when outbreak of coronavirus
epidemic in China was reported. On March 11, 2020, the World Health Organization
(WHO) declared the epidemic as a pandemic, plunging the world into an
unprecedented medical crisis. When countrywide lockdown was announced from March
25, 2020, most of the economic activities came to a grinding halt in urban
areas. However, rural India continued to be normal in view of the exemption from
restrictions allowed to farmers to conduct farming operations, including
harvesting and