Vol: 11, Issue: 2 2021

Page: 130-164

Impact of Covid-19 on Indian Economy

Anika

India which is considered a developing country is one of the fastest-growing major economies of the world. The Indian economy was one of the fastest-growing economy after global financial crisis. Integration of Indian economy with world economy is one of the probable reasons for fast growth rate of Indian economy. Looking at the state of Indian economy for last 10 years (FY 2010 – FY 2002), after global financial crisis of 2008, India showed remarkable recovery with services sector coming out to be a major driver of growth along with other sectors. Now, let us look at the trend in Indian economy since 2010 in detail and how it had evolved into one of the fastest growing economies of the world