id author title date pages extension mime words sentences flesch summary cache txt cord-346026-l9cyzocv Aneja, Ranjan An assessment of socioeconomic impact of COVID‐19 pandemic in India 2020-10-15 .txt text/plain 4139 216 58 In Pre-COVID era India was encountering with major macroeconomic issues such as nearly recession with the sluggish GDP growth rate of 4.7% in 2019 which is lowest since 2013 (as indicated by the official statistics), high unemployment rate, decline in industrial output of core sectors-the worst in 14 years, stagnancy in private sector investment, decline in consumption expenditure for the first time in several decades (Dev & Sengupta, 2020) . Considering the disproportionate burden of the crisis on low skilled workers, poors, other vulnerable sections, many economists think that COVID-19 is most likely expected to raise inequality within and among countries (Initiative on Global Markets, 2020) and the results of study conducted by (Furceri, Loungani, Ostry, & Pizzuto, 2020) confirms that those having basic education (low skilled) are affected more than those with higher and advanced degrees, in terms of loss of income hence confirming increase in income inequality after during and after pandemics. 19 4 | CONCLUSION COVID-19 pandemic has incurred unprecedented loss globally but India being an emerging economy is likely to get more affected in every sector and that too disproportionately. ./cache/cord-346026-l9cyzocv.txt ./txt/cord-346026-l9cyzocv.txt