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Five months into 2020 and thanks to Covid-19 the India economy is in a catastrophic tailspin. The novel coronavirus can cause severe respiratory problems and in more complicated cases, prove to be fatal; unfortunately, the disease has affected economies similarly.
The Covid-19 pandemic has brought to heel the most powerful nations in the world and ground life to a standstill. India too is currently in Lockdown 4.0 and struggling to combat the spread of the virus.
The Covid-19 pandemic has impacted business of most sectors around the world. At 13.46, the World Pandemic Uncertainty Index by IMF for Q1 2020 is comfortably higher than all other pandemics in the last twenty years.