POST COVID ERA ECONOMICS
Since the beginning of COVID 19 Pandemic, intellectuals world wide have been discussing about what immediate and long term impact it has caused on various aspect like Health infrastructure, technology, geopolitics and economies world wide. However after almost an year of the pandemic when vaccination drives have been started to get life back to track similar to pre COVID times, however this pandemic has changed certain economic aspect or at least have restructured them significantly. So let’s have a look at them how they are important from economic point of view. When lockdowns were imposed economists predicted the forthcoming deep recession as a consequence. However it is to note that many economies like India itself were already experiencing slow growth before COVID due to global slowdown as well as due to some domestic factors and government policies. What COVID did was to worsen this scenario to the extent that government intervention was needed. Why this...