Maharashtra lockdown: Rs 40,000 crore dent on Indian economy; explained
The dip in output by around Rs 40,000 crore in the case of Maharashtra would lead to a decline in Gross value added (GVA) growth by 0.32% at the overall domestic economic level
BusinessToday.In | April 6, 2021 | Updated 14:43 IST
The rising cases and probability of more restrictions in Maharashtra pose a big threat to businesses and the economy at large
Lockdown curbs put in place in Maharashtra to stem the further surge in COVID-19 cases can dent India s economic growth. Disruption in the country s largest regional economy and most industrialised state can undermine India s overall growth.
The night curfew in Maharashtra will be in effect from 8 PM to 7 AM, whereas the weekend lockdown will be in force from 8 pm on Friday to 7 am on Monday