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ISSUE DATE: May 10, 2021 UPDATED: May 1, 2021 20:06 IST MUMBAI HALTS: The road outside Chhatrapati Shivaji Maharaj Terminus during the ongoing lockdown (Milind Shelte) In his address to the nation on April 20, Prime Minister Narendra Modi urged states to think of lockdowns as a means of last resort. Within a week, though, faced with a runaway spiral in Covid cases, Maharashtra, Delhi, Gujarat and Karnataka were forced to do just that, while Punjab, Chhattisgarh, Rajasthan and Haryana had to impose night and weekend curfews. Already reeling from the after-effects of the nationwide lockdown last year, Maharashtra was forced to announce an extension of its calibrated lockdown till May 15. It’s the largest state in terms of GSDP (gross state domestic product) and contributes 14.2 per cent of the national GVA (gross value added). In FY21, the state’s economy contracted 8 per cent in real terms and 5.6 per cent in nominal terms. Soumya Kanti Ghosh, chief economic advisor at State

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