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Retailers, MSMEs, daily wagers hit hard by 2nd Covid wave - The Hindu BusinessLine

Retailers, MSMEs, daily wagers hit hard by 2nd Covid wave A mall looks deserted in the Capital on Sunday   -  KAMAL NARANG× Malls, restaurants grappling with revenue loss as most States impose curbs Businesses, including malls, retailers and restaurants, are in a disarray as they grapple with restrictions, including weekend lockdowns and night curfews in different states and districts, as the country faces the second wave of Covid-19 pandemic. But daily wagers, casual workers and MSMEs, which lack deep pockets, have been hit the hardest. Dalip Sehgal, CEO, Nexus Malls said, “With different rules and restrictions across states, it’s not just becoming difficult to conduct business, but it’s also leading to a lot of ambiguity amongst customers leading to a rapid decline in footfalls and sales.

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