Each and Every person ‘s economic level is important to determine the countries or Continents State. Every 100 years , Global will face the crisis like covid 19 . Due to the pandemic of covid 19 ,All over the world economics level was contract. Even Indian was also struggling with covid 19 pademic Situation and Indian economy may contract by 9.6% in 2020.United Nations Department of Economics and social Affairs (UNDESA) had announced reason behind Economic level Contract.
The Reason is domestic consumes was reduced in 2020 due to lockdown.UNDESA Asked all countries to improve the domestic consumes level.This pandemic impact lead to long years .We cannot rectify our economic level within a few years .So We should take steps to recover from that by using SMART INVESTMENT Method.
UNDESA recommend SMALL INVESTMENT Method to overcome this pademic Crisis .In 2021 India target to rise the economic Level upto 7.3percent. The share of service in total value is high in National Income of India.This service was expert More than 50 percent from developing Countries in 2017.So our country is Enhancing Service Sector to recover from pademic Crisis.
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