Soft Computing Approach to Overcome Economic Crisis During COVID-19 Period

Abstract: The occurrence of COVID-19 brought public and fiscal life to an idle state. In this research work, the thrust is on measuring the impact on affected sectors, such as small-scale industries, small-retail, capital markets, MSMEs. Global and inner mobility are restricted, and the finance generated by journey and sightseeing, which contributes 9.2% of the Gross domestic product (GDP), will take a major toll on the GDP growth rate. Aviation revenues will come down to a drastically all-time low level. COVID-19 has affected every business sector to reduce their expenses, these sectors adopt the cost-cutting method by which a huge number of employees lost their jobs indirectly affects our state's (Odisha) economic standard. In this work, we adopt a soft computing technique (Rough Set Technique) to find alternative ways to counter the economic crisis.

Keywords: Covid-19, Soft Computing, GDP, Economic crisis, Small -Scale industries.