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Jaipuria Institute of Management

Business Analytics

Indian economy

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System Dynamics Modeling To Understand The Impact Of Covid-19 On Indian Economy, Anuja Shukla, Neha Tomer, Preeti Singh Apr 2022

System Dynamics Modeling To Understand The Impact Of Covid-19 On Indian Economy, Anuja Shukla, Neha Tomer, Preeti Singh

Management Dynamics

COVID-19 has led to a severe health crisis. This sudden and wide impact of corona virus has brought the global economy to its knees. The virus has spread across the world through the chain of transmission. In India, the first case of COVID-19 was reported in the month of February 2020 and has spread drastically within past four months. As a preventive measure, the government announced complete lockdown in the month of March 2020 to stop this pandemic situation in India (Suri, April 30, 2020). This invisible virus has compelled many business organizations to shutdown their respective activities and to …