An Empirical study on Impact of Pandemic on Financial Health of Family living in Palghar District

Authors

  • Dr. Jaydip Raval
  • Dr. Gautam Trehan
  • Miss. Sonam Yadav

Keywords:

Pandemic, Impact of Pandemic, Financial Health, Palghar District, COVID-19, Income, Unemployment, Salary Cut etc.

Abstract

The research article is aimed at understanding, analysing and interpreting the impact of Pandemic on Financial Health of Families. Researcher has collected Primary data in this empirical study giving more insights and true picture of financial challenges and income volatility faced by families living in Palghar District. The district is relatively new and comes in rural belt. Therefore, it will also give reader (Corporates, Govt. Body, Academicians, Researchers and Citizens) knowledge and understanding of the financial implications in semi-urban and rural belt. The research covers key parameters and factors such as Earning members, Salary Cut, Borrowing, Change in Income and Loss of Employment which have significantly affected the financial health of family in the Palghar District.

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References

• Kanwal, S. (2022, March 16). COVID-19 impact on household income in India 2020 . Retrieved from Impact on household income due to the coronavirus (COVID-19) in India from February to April 2020 : https://www.statista.com/statistics/1111510/india- coronavirus-impact-on-household-income/

• macrotrends. (2022, April). India Unemployment Rate 1991-2022. Retrieved from https://www.macrotrends.net/countries/IND/india/unemployment-rate

• Narayan, H. a. (2020). Covid-19 and Inequality: A Review of the Evidence on Likely impact and Policy Options. Londres: Centre for Disaster Protection Working paper No. 3.

• Reuters. (2021, July 06). COVID-19 impact: Rural India sinks deeper into debt as household incomes slump. Retrieved from www.businesstoday.in: https://www.businesstoday.in/latest/economy/story/covid-19-impact-rural-india-sinks- deeper-into-debt-as-household-incomes-slump-300585-2021-07-06

• Yang. (2020). What’s New about Income Inequality Data in Asia?’. World Inequality Lab Issue Brief 2020-08.

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Published

2022-12-31

How to Cite

Raval, D. J. ., Trehan, D. G. ., & Yadav, M. S. . (2022). An Empirical study on Impact of Pandemic on Financial Health of Family living in Palghar District. The Journal of Contemporary Issues in Business and Government, 28(4), 2194–2198. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2757

Issue

Vol. 28 No. 4 (2022): The journal of contemporary issues in business and government

Section

Articles

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