The Indian government has taken various measures to minimize the impact of COVID-19 on the economy. Some of these measures include:

• Providing a relief package of INR 20 lakh crore (approximately USD 265 billion) targeting MSMEs, agriculture, housing, and more.
• Offering tax-related relaxations, including deferred deadlines for filing tax returns and reduced interest rates on late payment.
• Providing collateral-free loans to MSMEs and modifying bankruptcy laws to reduce economic stress on businesses.
• Direct transfer of money to the bank accounts of the poor, farmers, and senior citizens.
• Strengthening healthcare infrastructure with INR 15,000 crore (approximately USD 2 billion) aimed at developing critical care facilities and upgrading testing capacity.

These measures aim to cushion the economy from the immediate shock of the pandemic and stimulate demand in the long run. Despite these measures, the true impact of the pandemic on the Indian economy will only become clear as the situation evolves.