ISO 9001:2015

IMPACT OF THE RUSSIA-UKRAINE WAR ON THE INDIAN ECONOMY: A REVIEW

Som Dev

The current tensions between Russia and Ukraine have significantly affected global trade.  Supply chains across the world have been affected and experts are of the opinion that such disruptions will have a negative impact on the Indian economy as well.  The current research paper describes how the global economy has been affected by the Russo-Ukraine war, as well as how the Indian economy has been affected and the key sectors that have been affected (inflation, imports, exports, agriculture, banking, steel, crude oil, share market) but It is explained in detail about how and how it has been affected.  How much and for how long can the impact of this war on the Indian economy be in the future.  And what steps should be taken by the Government of India to reduce its effect.

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Keywords: Global Trade, Global economy, Inflation, Imports, Exports, Agriculture, Banking, Crisis.


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