AUTHOR: S. Mahendra Dev and Rajeswari Sengupta
TITLE: Covid-19 Pandemic: Impact, Recovery, and the Road Ahead for the Indian Economy
In an earlier paper (Dev and Sengupta, 2020) we had discussed the potential and immediate impact of
the shock of the Covid-19 pandemic on various segments of the Indian economy. In this paper, which is
a sequel to our previous study, we dig deeper into how the Indian economy fared during the period of
the pandemic including the two waves of 2020 and 2021, analyse the manner in which various segments
of the economy have recovered from this unprecedented shock, and also reflect on what the
post-pandemic economic landscape might look like for India, especially in the context of a highly
volatile global economic environment.
Keywords: Pandemic, Economic recovery, GDP growth, Global shocks, Policy response.
JEL Code: E2, E5, E6, G2