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CORONOVIRUS ITS PRESENT AND PROSPECTIVE INFLUENCE HAPPENING THE FISCAL SEGMENT

. Dr. A. Jayabal and I.Enock


Abstract

An evolving crisis, corona virus is a pandemic; its impact was being felt across the world 7.8 billion humans living on the planet with an overwhelming majority of them in no position to assist them and no one is able to know when it will be contained and what its long-term impact could be, the stress will be placed unequally on the individual and society & on the government which takes the responsibility for anticipating risk and putting in the structural buffers. The entire Fiscal systems are more resilient due to covid-19 which has the recent great depression; this paper firstly attempt to address on the coronavirus and secondly on the present& potential impact on the Fiscalsegment specifically banking, insurance and fintech. The outbreak of coronavirus has impacted on the Fiscalsegment with the ongoing liquidity concerns and lockdown situations which seems more trouble making for Fiscalinstitutions.

KEYWORDS: Covid-19, Fiscalsegment, Banking, Insurance &Fintech.

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