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How Economy Impacted And Facing Challenges (Due To COVID 19)

Niti Priya

Subject area: Management and Commerce  ·  Area of research: Management

Abstract

There is huge economic impact due to corona virus on almost every sector. From consumer package good, sports, education, entertainment, retail, travel, every sector impacted and facing challenges in different ways. The financial service sector facing difficulties, by providing services to customer. They are not handling more customer in a day ,due to this social distancing they are not able to solve all problems at a time, many people are lost their job specially a people who have their start up business, so now people started worrying about loan and their business. Investors started pulling out their money because of corona virus and due to this stock market are going down, people are facing many challenges. There are lots of issues including fund rising, managing employs. In small companies like start up, they are not able to pay money to their employees. Now it?s a tough situation for all, they are trying to manage their work in their own way.

References

[1] https://econsultancy.com/how-coronavirus- impacting-financial-sector-payments-banking- fintech-brand-response/

[2] https://www.csis.org/analysis/global-economic- impacts-covid-19

[3] https://techcrunch.com/2020/03/31/investors-tell- indian-startups-to-prepare-for-the-worst-as-covid- 19-uncertainty-continues/

[4] https://blog-idcuk.com/covid-19-impact-banking- industry/

[5] https://www.weforum.org/agenda/2020/03/this-is- the-human-impact-of-covid-19-and-how- business-can-help/

[6] https://economictimes.indiatimes.com/wealth/inve st/stock-market-hit-by-coronavirus-reasons-for- turmoil-what-equity-investors-should-do- now/articleshow/74623291.cms

[7] https://voxeu.org/article/impact-covid-19- education

[8] https://www.bing.com/images/search?view=detail V2&ccid=JQ1nwKh0&id=C41D5CEE4B7CF6D ED4E6234B7B6BCB54F175AE5A&thid=OIP.J Q1nwKh0NhF5qKC- N6huAgEaEs&mediaurl=https%3A%2F%2Fww w.getdoc.com%2Fwp- content%2Fuploads%2F2020%2F02%2Fcoronavi rus-prevention-control-personal- hygiene.jpg&exph=571&expw=537&q=how+cov id+19+effected+on+human+life&simid=6080259 18231806966&selectedindex=221&ajaxhist=0&v t=0&sim=11

[9] https://www.bing.com/images/search?view=detail V2&ccid=4HgPY9ez&id=572EEE27B24D26AC 06C1F1A251F0531181ABF537&thid=OIP.4HgP Y9ezwXJy0SJxpdWsPAEsDI&mediaurl=https% 3a%2f%2fwww.nevadabusiness.com%2fwp- content%2fuploads%2f2020%2f03%2fXT7X_Sh p.jpg&exph=1067&expw=1600&q=impact+on+st artup+business+due+to+covid+19&simid=60802 7906809792402&selectedIndex=249&ajaxhist=0 https://www.bing.com/images/search?view=detail V2&ccid=fciK3O05&id=1272F6E2439BBE6DF 4040519253181EABA6A2EE2&thid=OIP.fciK3 O05q6dcZ5uIkHLSpgEsB5&mediaurl=https%3a %2f%2fwww.cretadrive.gr%2fwp- content%2fuploads%2f2020%2f03%2feconomic- crisis-due-to-covid19- 1600px.jpg&exph=650&expw=1600&q=imact+o n+economy+due+to+covid+19+and+by+lockdow n&simid=608028413614296486&selectedIndex= 23&ajaxhist=0

[10] https://www.bing.com/images/search?q=doctors+ stuff&FORM=HDRSC2

[11] https://www.bing.com/images/search?view=detail V2&ccid=nntpci9U&id=E2495B2A792F15FFBF D08A9D88D3E2D09D4E8008&thid=OIF.ED%2 b0k%2fH76o%2fTgSz4%2bHPg%2fg&mediaurl =https%3a%2f%2fwww.70mmguru.com%2fuplo ad%2fmedia%2fposts%2f2020- 04%2f03%2fmarket-extend-loses-sensex-down- 674-points-nifty-just-above-8000- mark_1585912595- b.jpg&exph=440&expw=780&q=sensex+goes+d own+due+to+covid+19&simid=209483367668&s electedIndex=73&ajaxhist=0 ACKNOWLEDGEMENT I would like to express my deepest gratitude to Prof. Prathamesh Nadkarni sir, for providing me opportunity to write research paper, thank you so much sir for your guidance and support. Your way of appreciation and encouragement always motivate me. I would also like to express my sincere thanks to sir for giving me this valuable suggestion and your motivation have deeply inspired me.

How to cite this paper

Niti Priya "How Economy Impacted And Facing Challenges (Due To COVID 19)" Iconic Research And Engineering Journals Volume 3 Issue 10 2020 Page 107-110
Niti Priya "How Economy Impacted And Facing Challenges (Due To COVID 19)" Iconic Research And Engineering Journals, vol. 3, no. 10, Apr. 2020
Niti Priya (2020). How Economy Impacted And Facing Challenges (Due To COVID 19). Iconic Research And Engineering Journals, 3(10).
Niti Priya "How Economy Impacted And Facing Challenges (Due To COVID 19)" Iconic Research And Engineering Journals, vol. 3, no. 10, Apr. 2020.
@article{1702167,
      author = {Niti Priya},
      title = {How Economy Impacted And Facing Challenges (Due To COVID 19)},
      journal = {Iconic Research And Engineering Journals},
      year = {2020},
      volume = {3},
      number = {10},
      pages = {107-110},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1702167.pdf},
      abstract = {There is huge economic impact due to corona virus on almost every sector. From consumer package good, sports, education, entertainment, retail, travel, every sector impacted and facing challenges in different ways. The financial service sector facing difficulties, by providing services to customer. They are not handling more customer in a day ,due to this social distancing they are not able to solve all problems at a time,  many people are lost their job specially a people who have their start up business, so now people started worrying about loan and their business. Investors started pulling out their money because of corona virus and due to this stock market are going down, people are facing many challenges. There are lots of issues including fund rising, managing employs. In small companies like start up, they are not able to pay money to their employees. Now it?s a tough situation for all, they are trying to manage their work in their own way.},
      month = {April},
  }