EFFECTS OF COVID 19 ON SERVICE SECTOR

Service sector has emerged as the growing sector of the Indian economy. For any country there are main 3 sectors such as industrial sector, service sector and agricultural sector. The service sector growth fell for the second time in December due to spike in costs and COVID 19 cases, in addition to global traveling got banned. The COVID 19 has worst impacted each and every sector of the market so as the service sector. Every pandemic brings change in the consumer’s choices and preferences which could highly impact the markets. This paper tries to measure the impact that service sector has due to this pandemic, by using questionnaire based surveys, interviews and pre published statistics. This paper tries to see the changes in the costumers inclination towards the service sector and how it has impacted on the growth of the service sector , thus influencing the gross domestic product of India. A strong and better economic recovery from the COVID-19 pandemic requires governments to make the services sector a key element in their policy mix.