2. SECTORS THAT ARE AFFECTED BECAUSE OF
COVID-19
1. Agriculture sector
2. Banking sector
3. Entertainment sector
4. FMCG Goods (Fast Moving Consumer Goods)
3. Reasons Behind Economy Fall
• Subdued Demand
• Supply Shock
• Production Slowdown
• Supply Chain Disruptions
4. Agricultural Sector
• At the time of harvesting
Covid-19 came.
• So for the farmers it became
hard because they don’t have
labour force for harvesting.
• If harvesting has happened
there no people for
transportation.
• These all have serious
implications on agriculture.
• It became problem to
agriculture.
5. ENTERTAINMENT SECTOR
• Because of Covid-19 Govt has announced
Lockdown.
• All public places has to shutdown because of this
pandemic.
• All movie releasing's were stopped .
• So much business has been stopped.
• These all leaded to losses for entertainment
sector.
6. Banking Sector
• Whole economy has been slowdown.
• People are having shortage of money.
• So people can’t repay their loans.
• This all things got losses to the banks.
7. FMCG Sector (Fast Moving Consumer Goods
• Raw material procurement
a) Supply chains are disrupted there is
no free movement of goods .
• Production is not smooth
a) Labour problems .
b) Demand has been reduced.
c) So overall factory capacity has been
reduced to 50%-60%.
• FMCG Goods can be divided into two
types.
1. Essential items.
2. Luxury items.
• Essential Items
Examples :Soaps , Tooth paste ,
Shampoos
etc.
Recovery V-shaped
• Luxury Items
Example: Furniture, etc.
Recovery U-shaped recovery
8. Measures which can be adopted by the Indian Govt
• Release dates of filing taxes
• Immediately start releasing the refunds
• Bailout packages for bankrupted sectors
• Handhold Industries
• Rearrange supply chains