The COVID-19 pandemic has severely impacted the economy of India. Some of the major factors affecting the economy are:

• Lockdown: The nationwide lockdown imposed to curb the spread of the virus led to a halt in economic activities. Industries, businesses, and transportation came to a standstill which affected the economy negatively.
• Disruption in supply chain: The pandemic resulted in a disruption in the supply chain of goods and services. The restriction on movement across borders has affected the import and export activities and therefore, the global supply chain.
• Unemployment: Due to the closure of businesses and industries, a large number of people have lost their jobs. The unemployment rate has been increasing rapidly due to the pandemic.
• Slump in consumer demand: The reduced income levels and uncertainty among consumers have resulted in a slump in demand for various goods and services.
• Impact on industry sectors: Some of the worst-hit sectors include Aviation, Hospitality, and Tourism. The impact has been seen in the form of layoffs, pay cuts, and reduced revenue.

Overall, the pandemic has had a severe impact on the Indian economy, and it may take some time before the economy completely recovers.