A research study aims at analysing the economic impact of COVID on the Indian economy. What can be some of the appropriate economic indicators in this case? Also enlist various data sources (primary/secondary) to gather data from in estimating these indicators.

In analyzing the economic impact of COVID-19 on the Indian economy, several economic indicators can be used to assess the overall effect and the changes in various economic sectors. These indicators help to understand the scope of the economic slowdown, the sectoral impacts, and the recovery potential. Some key economic indicators that would be appropriate for this analysis include:

1. Gross Domestic Product (GDP): The GDP of a country is one of the most comprehensive indicators of economic activity. In the context of COVID-19, the analysis would focus on the contraction or growth of GDP, particularly the quarterly and annual growth rates, to assess the overall economic impact. This indicator reflects the value of goods and services produced in the country and helps to quantify the slowdown or recovery in the economy during the pandemic.

2. Unemployment Rate: The pandemic led to widespread job losses across various sectors, particularly in industries like hospitality, tourism, retail, and manufacturing. Analyzing the unemployment rate is crucial to measure the extent of job losses and the impact on the labor market. Special attention should be given to the differences in unemployment across rural and urban areas, as well as the informal sector, which was disproportionately affected.

3. Inflation Rate: Inflation, especially in essential goods like food and healthcare, became a critical economic indicator during the pandemic. With supply chain disruptions, changes in demand, and government interventions, the inflation rate reveals how prices have been impacted by COVID-19. It is important to track changes in both headline inflation (overall price changes) and core _________ ___ __________ ________ _________ ___ _______ __________ ________.
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