How Major Sectors Impacted by Economy - S Ravi fmr BSE Chairman
The globe today is facing a pandemic situation and India has not remained untouched by its negative influence. In fact, as per the BSE Chairman Mr. Sethurathnam Ravi, India is the most disruptive considering the economic situation and human lives loss. Nearly every sector has been adversely affected during this period. The reason behind this adverse effect as per S. Ravi was the domestic demand and the supply or exports that sharply dropped with noteworthy exceptions. S Ravi Bse An effort was also made for analyzing the effect and the possible solutions for particular essential key sectors. Among all Aviation, hospitality, and tourism were the most affected sectors which faced the maximum burden of the crisis. As per the reports of UNCTAD, the trade of India faced a loss of around USD 348 million due to Covid-19. This came up with an adverse impact on the production, as well as the inventory available. The loss of the pharmaceutical industry is also essential as C...