COVID-19 Pandemic and the Service Sector in Punjab: An Assessment of Impact and Policies for Revival

Manjit Sharma () and Pushpak Sharma ()
Additional contact information
Manjit Sharma: DAV College
Pushpak Sharma: Panjab University

A chapter in Covid-19 Pandemic and Economic Development, 2021, pp 195-208 from Springer

Abstract: Abstract Punjab’s service sector contributes half to the state’s gross value added and two-fifth of total employment. The study finds an overall decline in the state’s revenue and employment level in trade, hotel and tourism, transport and real estate services during the pandemic period. Public health conditions are extremely vulnerable and woefully ill-equipped to cope with public health emergency in Punjab. Digitalization in the education sector excluded the vulnerable section of society. Informal labourers lost their livelihood opportunities and absence of social security pushed them to cul-de-sac. In this context, the paper focuses on the performance of the service sector during the COVID-19 period. The study recommends that the state must abdicate neo-liberal policies and increase public investment with demand-driven objectives for the rejuvenation of the service sector of the Punjab’s economy.

Keywords: Employment; COVID-19; Informal; Service sector; Social security (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-4442-9_16

Ordering information: This item can be ordered from
http://www.springer.com/9789811644429

DOI: 10.1007/978-981-16-4442-9_16

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().