Abstract
In recent times, worldwide economic growth has been hampered as a whole due to the coronavirus disease 2019 (COVID-19) pandemic. The COVID-19 pandemic has led to a global economic downturn, affecting various countries including India, where the economy has experienced a significant decline in growth resulting in a recession. To revive the Indian economy from recession, the Government of India (GoI) has implemented several monetary and fiscal stimulus packages, including a special economic package called “Atmanirbhar Bharat.” This package aims to strengthen the Indian economy by promoting self-reliance and integration with the global economy. The growth of major sectors in the Indian economy has slowed in recent quarters, presenting an opportunity to conduct a descriptive analysis of macroeconomic determinants. This analysis will examine the quarterly growth rates of these determinants and their challenges in achieving a V-shaped recovery from the pre-COVID-19 pandemic to the post-COVID-19 pandemic crisis period.
